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MAG

MAG Silver

Delisted

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

139 hedge funds and large institutions have $634M invested in MAG Silver in 2024 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 47 increasing their positions, 40 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

279% more call options, than puts

Call options by funds: $25.5M | Put options by funds: $6.74M

43% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 14

18% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 40

2.7% more ownership

Funds ownership: 42.4%45.1% (+2.7%)

2% more funds holding

Funds holding: 136139 (+3)

3% less capital invested

Capital invested by funds: $655M → $634M (-$20.5M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
139
Holders Change
+3
Holders Change %
+2.21%
% of All Funds
1.83%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
20
Increased
47
Reduced
40
Closed
14
Calls
$25.5M
Puts
$6.74M
Net Calls
+$18.8M
Net Calls Change
+$5.26M
Name Holding Trade Value Shares
Change
Change in
Stake
VanEck Associates
1
VanEck Associates
New York
$127M -$14.3M -921,979 -9%
First Eagle Investment Management
2
First Eagle Investment Management
New York
$106M +$38.6M +2,486,538 +46%
JAM
3
Jupiter Asset Management
United Kingdom
$42.8M
TI
4
Tidal Investments
Wisconsin
$36.4M -$2.12M -136,120 -5%
SI
5
Sprott Inc
Ontario, Canada
$36M +$3.24M +208,252 +9%
Mirae Asset Global ETFs Holdings
6
Mirae Asset Global ETFs Holdings
Hong Kong
$29.8M -$5.55M -357,381 -14%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$22.5M -$1.31M -84,358 -5%
Connor, Clark & Lunn Investment Management (CC&L)
8
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$15.8M +$1.14M +73,205 +7%
TD Asset Management
9
TD Asset Management
Ontario, Canada
$14.6M +$118K +7,596 +0.7%
Millennium Management
10
Millennium Management
New York
$12.1M +$13.4M +860,326 +3,325%
NC
11
Nokomis Capital
Texas
$12M
BlackRock
12
BlackRock
New York
$9.9M +$835K +53,701 +8%
ACM
13
Azarias Capital Management
Pennsylvania
$8.55M -$2.02M -130,105 -17%
GGHC
14
Gilder Gagnon Howe & Co
New York
$8.35M -$111K -7,149 -1%
DZ Bank
15
DZ Bank
Germany
$8.16M
Amundi
16
Amundi
France
$7.26M +$2.01M +129,627 +34%
Janus Henderson Group
17
Janus Henderson Group
United Kingdom
$6.73M -$907K -58,343 -11%
Invesco
18
Invesco
Georgia
$6.34M +$855 +55 +0%
JP Morgan Chase
19
JP Morgan Chase
New York
$6.21M +$9.15K +589 +0.1%
OC
20
Oppenheimer & Co
New York
$6.14M -$44.3K -2,848 -0.6%
Manulife (Manufacturers Life Insurance)
21
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$5.2M +$13.9K +893 +0.2%
Bank of Montreal
22
Bank of Montreal
Ontario, Canada
$5M +$445K +28,613 +8%
Goldman Sachs
23
Goldman Sachs
New York
$4.88M +$1.36M +87,691 +32%
GF
24
Gabelli Funds
New York
$4.61M -$1.87M -120,000 -26%
Mackenzie Financial
25
Mackenzie Financial
Ontario, Canada
$4.46M -$60.3K -3,880 -1%

MAG Hedge Fund Activity: Q4 2024 in Review

139 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in MAG Silver (MAG) for Q4 2024, worth a combined $634M — down 3.1% from $655M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new MAG positions and 14 closed out — a net gain of 6 holders — while 47 added to existing stakes and 40 trimmed.

The largest buyer was First Eagle Investment Management, adding an estimated $38.6M. The largest seller was VanEck Associates, cutting an estimated $14.3M.

  • 139 institutional investors held MAG Silver (MAG) as of Q4 2024, up from 136 in Q3 2024.
  • Funds reported $634M of MAG Silver stock for Q4 2024, down 3.1% quarter-over-quarter.
  • 20 funds opened new MAG Silver positions in Q4 2024 and 14 closed out, a net change of +6 holders.
  • The largest MAG Silver buyer in Q4 2024 was First Eagle Investment Management, an estimated $38.6M added.
  • The largest MAG Silver seller in Q4 2024 was VanEck Associates, an estimated $14.3M sold.

Based on aggregated 13F filings for Q4 2024.