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MAG

MAG Silver

Delisted

MAG was delisted on the 3rd of September, 2025.

122 hedge funds and large institutions have $415M invested in MAG Silver in 2023 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 39 increasing their positions, 36 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

59% more call options, than puts

Call options by funds: $11.7M | Put options by funds: $7.34M

8% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 36

7% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 15

0% more funds holding

Funds holding: 122122 (0)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4.27% less ownership

Funds ownership: 42.86%38.59% (-4.3%)

15% less capital invested

Capital invested by funds: $491M → $415M (-$75.4M)

Holders
122
Holders Change
Holders Change %
0%
% of All Funds
1.94%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
16
Increased
39
Reduced
36
Closed
15
Calls
$11.7M
Puts
$7.34M
Net Calls
+$4.36M
Net Calls Change
+$4.11M
Name Holding Trade Value Shares
Change
Change in
Stake
VanEck Associates
1
VanEck Associates
New York
$101M +$4.52M +406,335 +4%
First Eagle Investment Management
2
First Eagle Investment Management
New York
$59.3M +$246K +22,141 +0.4%
SI
3
Sprott Inc
Ontario, Canada
$35.9M -$1.11M -99,542 -3%
Mirae Asset Global Investments
4
Mirae Asset Global Investments
South Korea
$26.4M +$654K +58,849 +2%
JAM
5
Jupiter Asset Management
United Kingdom
$24.6M +$431K +38,784 +2%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$20M -$354K -31,814 -2%
BlackRock
7
BlackRock
New York
$16.9M +$6.58M +591,289 +57%
Invesco
8
Invesco
Georgia
$15.2M +$1.31M +118,211 +9%
GGHC
9
Gilder Gagnon Howe & Co
New York
$12.5M -$1.68M -150,704 -11%
Connor, Clark & Lunn Investment Management (CC&L)
10
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$6.02M -$3.3M -296,392 -34%
TD Asset Management
11
TD Asset Management
Ontario, Canada
$5.53M -$2.49M -223,672 -30%
DZ Bank
12
DZ Bank
Germany
$5.13M
Jennison Associates
13
Jennison Associates
New York
$5.11M +$289 +26 +0%
GF
14
Gabelli Funds
New York
$4.24M
Amundi
15
Amundi
France
$3.98M +$1.27M +114,110 +46%
OC
16
Oppenheimer & Co
New York
$3.74M +$76.7K +6,895 +2%
CC
17
Cannell & Co
New York
$3.7M -$592K -53,250 -13%
Bank of Montreal
18
Bank of Montreal
Ontario, Canada
$3.61M +$122K +10,976 +4%
Morgan Stanley
19
Morgan Stanley
New York
$3.17M -$2.42M -217,400 -42%
IIM
20
Intact Investment Management
Quebec, Canada
$3.11M -$65.6K -5,900 -2%
Susquehanna International Group
21
Susquehanna International Group
Pennsylvania
$3.1M +$609K +54,718 +22%
Marshall Wace
22
Marshall Wace
United Kingdom
$2.49M +$1.59M +143,141 +147%
CU
23
CQS (US)
New York
$2.43M
National Bank of Canada
24
National Bank of Canada
Quebec, Canada
$2.27M +$1.09K +98 +0%
Swiss National Bank
25
Swiss National Bank
Switzerland
$2.26M -$111K -10,000 -4%

MAG Hedge Fund Activity: Q3 2023 in Review

122 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in MAG Silver (MAG) for Q3 2023, worth a combined $415M — down 15% from $491M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new MAG positions and 15 closed out — a net gain of 1 holder — while 39 added to existing stakes and 36 trimmed.

The largest buyer was BlackRock, adding an estimated $6.58M. The largest seller was T. Rowe Price Associates, exiting entirely with an estimated $24.7M sold.

  • 122 institutional investors held MAG Silver (MAG) as of Q3 2023, unchanged from Q2 2023.
  • Funds reported $415M of MAG Silver stock for Q3 2023, down 15% quarter-over-quarter.
  • 16 funds opened new MAG Silver positions in Q3 2023 and 15 closed out, a net change of +1 holder.
  • The largest MAG Silver buyer in Q3 2023 was BlackRock, an estimated $6.58M added.
  • The largest MAG Silver seller in Q3 2023 was T. Rowe Price Associates, an estimated $24.7M sold.

Based on aggregated 13F filings for Q3 2023.