MAG Silver
MAG was delisted on the 3rd of September, 2025.
176 hedge funds and large institutions have $1.39B invested in MAG Silver in 2025 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 46 increasing their positions, 56 reducing their positions, and 36 closing their positions.
151% more call options, than puts
Call options by funds: $26.2M | Put options by funds: $10.4M
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
95% more capital invested
Capital invested by funds: $711M → $1.39B (+$679M)
47% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 36
18.31% more ownership
Funds ownership: 45.05% → 63.36% (+18%)
10% more funds holding
Funds holding: 160 → 176 (+16)
18% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 56
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$76.6M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$48.4M |
| 3 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$45.2M |
| 4 |
Goldman Sachs
New York
|
+$42.2M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$25.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$25.2M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$20.2M |
| 3 |
VanEck Associates
New York
|
-$15.2M |
| 4 |
NC
Nokomis Capital
Dallas,
Texas
|
-$13.8M |
| 5 |
JP Morgan Chase
New York
|
-$10M |
MAG Hedge Fund Activity: Q2 2025 in Review
176 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in MAG Silver (MAG) for Q2 2025, worth a combined $1.39B — up 95% from $711M a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new MAG positions and 36 closed out — a net gain of 17 holders — while 46 added to existing stakes and 56 trimmed.
The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $76.6M. The largest seller was Sprott Inc, cutting an estimated $25.2M.
- 176 institutional investors held MAG Silver (MAG) as of Q2 2025, up from 160 in Q1 2025.
- Funds reported $1.39B of MAG Silver stock for Q2 2025, up 95% quarter-over-quarter.
- 53 funds opened new MAG Silver positions in Q2 2025 and 36 closed out, a net change of +17 holders.
- The largest MAG Silver buyer in Q2 2025 was Glazer Capital LLC, an estimated $76.6M added.
- The largest MAG Silver seller in Q2 2025 was Sprott Inc, an estimated $25.2M sold.
Based on aggregated 13F filings for Q2 2025.