Pan American Silver
PAAS
172 hedge funds and large institutions have $1.18B invested in Pan American Silver in 2018 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 56 increasing their positions, 63 reducing their positions, and 37 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
0.12% more ownership
Funds ownership: 52.83% → 52.96% (+0.12%)
2% less capital invested
Capital invested by funds: $1.2B → $1.18B (-$18.8M)
7% less funds holding
Funds holding: 185 → 172 (-13)
11% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 63
13% less call options, than puts
Call options by funds: $23.2M | Put options by funds: $26.6M
30% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$23M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$22.8M |
| 3 |
Renaissance Technologies
New York
|
+$17.1M |
| 4 |
HCM
Highbridge Capital Management
New York
|
+$13M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$26.3M |
| 2 |
Morgan Stanley
New York
|
-$23.8M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$14M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$9.04M |
| 5 |
PG
Pendal Group
Sydney,
Australia
|
-$7.34M |
PAAS Hedge Fund Activity: Q4 2018 in Review
172 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Pan American Silver (PAAS) for Q4 2018, worth a combined $1.18B — down 1.6% from $1.2B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of PAAS and 26 opened new positions — a net loss of 11 holders — while 63 trimmed existing stakes and 56 added.
The largest buyer was Mirae Asset Global Investments, adding an estimated $23M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), cutting an estimated $26.3M.
- 172 institutional investors held Pan American Silver (PAAS) as of Q4 2018, down from 185 in Q3 2018.
- Funds reported $1.18B of Pan American Silver stock for Q4 2018, down 1.6% quarter-over-quarter.
- 26 funds opened new Pan American Silver positions in Q4 2018 and 37 closed out, a net change of -11 holders.
- The largest Pan American Silver buyer in Q4 2018 was Mirae Asset Global Investments, an estimated $23M added.
- The largest Pan American Silver seller in Q4 2018 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $26.3M sold.
Based on aggregated 13F filings for Q4 2018.