Pan American Silver
PAAS
237 hedge funds and large institutions have $2.8B invested in Pan American Silver in 2019 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 83 increasing their positions, 58 reducing their positions, and 20 closing their positions.
160% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 20
103% more call options, than puts
Call options by funds: $184M | Put options by funds: $90.4M
57% more funds holding in top 10
Funds holding in top 10: 7 → 11 (+4)
54% more capital invested
Capital invested by funds: $1.81B → $2.8B (+$982M)
43% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 58
15% more funds holding
Funds holding: 206 → 237 (+31)
1.56% more ownership
Funds ownership: 55.02% → 56.58% (+1.6%)
Top Buyers
| 1 |
BlackRock
New York
|
+$109M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$25.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$16.4M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$11.4M |
| 5 |
VanEck Associates
New York
|
+$11.4M |
Top Sellers
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$52.8M |
| 2 |
Millennium Management
New York
|
-$36.5M |
| 3 |
Renaissance Technologies
New York
|
-$29.2M |
| 4 |
RL
Ruffer LLP
London,
United Kingdom
|
-$22.9M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$18.2M |
PAAS Hedge Fund Activity: Q4 2019 in Review
237 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Pan American Silver (PAAS) for Q4 2019, worth a combined $2.8B — up 54% from $1.81B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new PAAS positions and 20 closed out — a net gain of 32 holders — while 83 added to existing stakes and 58 trimmed.
The largest buyer was BlackRock, adding an estimated $109M. The largest seller was Mirae Asset Global Investments, cutting an estimated $52.8M.
- 237 institutional investors held Pan American Silver (PAAS) as of Q4 2019, up from 206 in Q3 2019.
- Funds reported $2.8B of Pan American Silver stock for Q4 2019, up 54% quarter-over-quarter.
- 52 funds opened new Pan American Silver positions in Q4 2019 and 20 closed out, a net change of +32 holders.
- The largest Pan American Silver buyer in Q4 2019 was BlackRock, an estimated $109M added.
- The largest Pan American Silver seller in Q4 2019 was Mirae Asset Global Investments, an estimated $52.8M sold.
Based on aggregated 13F filings for Q4 2019.