Pan American Silver
PAAS
588 hedge funds and large institutions have $9.7B invested in Pan American Silver in 2026 Q2 according to their latest regulatory filings, with 68 funds opening new positions, 203 increasing their positions, 198 reducing their positions, and 94 closing their positions.
49% more call options, than puts
Call options by funds: $462M | Put options by funds: $311M
3% more repeat investments, than reductions
Existing positions increased: 203 | Existing positions reduced: 198
0.38% less ownership
Funds ownership: 51.64% → 51.25% (-0.38%)
5% less capital inflows, than outflows
Capital inflows: $1.56B | Capital outflows: $1.66B
5% less funds holding
Funds holding: 620 → 588 (-32)
28% less first-time investments, than exits
New positions opened: 68 | Existing positions closed: 94
50% less funds holding in top 10
Funds holding in top 10: 22 → 11 (-11)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$91.7M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$81M |
| 3 |
Two Sigma Investments
New York
|
+$70.6M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$65.6M |
| 5 |
Man Group
London,
United Kingdom
|
+$58.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$184M |
| 2 |
Jane Street
New York
|
-$165M |
| 3 |
VanEck Associates
New York
|
-$132M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$126M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$94.1M |
PAAS Hedge Fund Activity: Q2 2026 in Review
588 of the 8,365 institutional investors tracked by Wall St. Rank reported a position in Pan American Silver (PAAS) for Q2 2026, worth a combined $9.7B — down 18% from $11.9B a quarter earlier.
Sellers outnumbered buyers: 94 funds closed out of PAAS and 68 opened new positions — a net loss of 26 holders — while 198 trimmed existing stakes and 203 added.
The largest buyer was Morgan Stanley, adding an estimated $91.7M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $184M sold.
- 588 institutional investors held Pan American Silver (PAAS) as of Q2 2026, down from 620 in Q1 2026.
- Funds reported $9.7B of Pan American Silver stock for Q2 2026, down 18% quarter-over-quarter.
- 68 funds opened new Pan American Silver positions in Q2 2026 and 94 closed out, a net change of -26 holders.
- The largest Pan American Silver buyer in Q2 2026 was Morgan Stanley, an estimated $91.7M added.
- The largest Pan American Silver seller in Q2 2026 was Arrowstreet Capital, an estimated $184M sold.
Based on aggregated 13F filings for Q2 2026.