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Pan American Silver

193 hedge funds and large institutions have $1.16B invested in Pan American Silver in 2016 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 55 increasing their positions, 71 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

50.2% more ownership

Funds ownership: 0%50.2% (+50%)

33% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 27

4% more funds holding

Funds holding: 186193 (+7)

10% less capital invested

Capital invested by funds: $1.29B → $1.16B (-$125M)

18% less call options, than puts

Call options by funds: $30.6M | Put options by funds: $37.3M

23% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 71

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
193
Holders Change
+7
Holders Change %
+3.76%
% of All Funds
4.83%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
36
Increased
55
Reduced
71
Closed
27
Calls
$30.6M
Puts
$37.3M
Net Calls
-$6.67M
Net Calls Change
+$9.1M
Name Holding Trade Value Shares
Change
Change in
Stake
D.E. Shaw & Co
26
D.E. Shaw & Co
New York
$7.56M -$11.8M -733,639 -59%
Dimensional Fund Advisors
27
Dimensional Fund Advisors
Texas
$7.3M -$702K -43,527 -8%
CIBC World Market
28
CIBC World Market
Ontario, Canada
$6.45M +$1.65M +102,291 +31%
UBS Group
29
UBS Group
Switzerland
$6.37M -$1.32M -81,604 -16%
Citadel Advisors
30
Citadel Advisors
Florida
$6.12M -$4.87M -302,308 -43%
First Manhattan
31
First Manhattan
New York
$6.11M +$1.78M +110,425 +37%
FP
32
Foundry Partners
Minnesota
$5.38M
CS
33
Credit Suisse
Switzerland
$5.27M -$484K -30,038 -8%
Marshall Wace
34
Marshall Wace
United Kingdom
$5.13M -$5.41M -335,641 -50%
DZ Bank
35
DZ Bank
Germany
$5.09M +$5.62M +348,828 New
Goldman Sachs
36
Goldman Sachs
New York
$4.95M -$2.56M -158,852 -33%
Wells Fargo
37
Wells Fargo
California
$4.95M +$786K +48,795 +17%
Axa
38
Axa
France
$4.74M -$3.66M -226,975 -42%
JP Morgan Chase
39
JP Morgan Chase
New York
$4.36M -$2.16M -133,864 -32%
Capital Fund Management (CFM)
40
Capital Fund Management (CFM)
France
$4.29M -$1.46M -90,351 -24%
SIM
41
Spark Investment Management
New York
$4.22M +$1.48M +92,000 +49%
Swiss National Bank
42
Swiss National Bank
Switzerland
$3.8M +$58K +3,600 +1%
HH
43
Hilltop Holdings
Texas
$3.75M
AQR Capital Management
44
AQR Capital Management
Connecticut
$3.65M +$1.23M +76,272 +46%
CVM
45
Cheviot Value Management
California
$3.61M -$159K -9,865 -4%
GC
46
Guggenheim Capital
Illinois
$3.55M -$1.28M -79,347 -25%
LSC
47
Lesa Sroufe & Co
Washington
$3.47M -$84.4K -5,239 -2%
American Century Companies
48
American Century Companies
Missouri
$3.37M
GAM
49
Gotham Asset Management
New York
$3.26M +$3.49M +216,322 New
CA
50
Commerzbank Aktiengesellschaft
Germany
$3.24M +$473K +29,332 +16%

PAAS Hedge Fund Activity: Q4 2016 in Review

193 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Pan American Silver (PAAS) for Q4 2016, worth a combined $1.16B — down 9.7% from $1.29B a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new PAAS positions and 27 closed out — a net gain of 9 holders — while 55 added to existing stakes and 71 trimmed.

The largest buyer was Westpac Banking Corp, opening a new position worth an estimated $96.6M. The largest seller was Global X Management Company, cutting an estimated $28.5M.

  • 193 institutional investors held Pan American Silver (PAAS) as of Q4 2016, up from 186 in Q3 2016.
  • Funds reported $1.16B of Pan American Silver stock for Q4 2016, down 9.7% quarter-over-quarter.
  • 36 funds opened new Pan American Silver positions in Q4 2016 and 27 closed out, a net change of +9 holders.
  • The largest Pan American Silver buyer in Q4 2016 was Westpac Banking Corp, an estimated $96.6M added.
  • The largest Pan American Silver seller in Q4 2016 was Global X Management Company, an estimated $28.5M sold.

Based on aggregated 13F filings for Q4 2016.