Pan American Silver
PAAS
187 hedge funds and large institutions have $1.23B invested in Pan American Silver in 2017 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 61 increasing their positions, 53 reducing their positions, and 30 closing their positions.
17% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 30
15% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 53
2% more funds holding
Funds holding: 184 → 187 (+3)
3.22% less ownership
Funds ownership: 54.72% → 51.5% (-3.2%)
14% less capital invested
Capital invested by funds: $1.43B → $1.23B (-$200M)
27% less call options, than puts
Call options by funds: $12.4M | Put options by funds: $16.9M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| 1 |
Millennium Management
New York
|
+$40.4M |
| 2 |
VanEck Associates
New York
|
+$20.7M |
| 3 |
MWNA
Marshall Wace North America
New York
|
+$10.1M |
| 4 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$9.01M |
| 5 |
Two Sigma Investments
New York
|
+$8.14M |
Top Sellers
| 1 |
PG
Pendal Group
Sydney,
Australia
|
-$108M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$39.2M |
| 3 |
TAM
Tocqueville Asset Management
New York
|
-$11.9M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$10.7M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.06M |
PAAS Hedge Fund Activity: Q4 2017 in Review
187 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Pan American Silver (PAAS) for Q4 2017, worth a combined $1.23B — down 14% from $1.43B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new PAAS positions and 30 closed out — a net gain of 5 holders — while 61 added to existing stakes and 53 trimmed.
The largest buyer was Millennium Management, adding an estimated $40.4M. The largest seller was Pendal Group, cutting an estimated $108M.
- 187 institutional investors held Pan American Silver (PAAS) as of Q4 2017, up from 184 in Q3 2017.
- Funds reported $1.23B of Pan American Silver stock for Q4 2017, down 14% quarter-over-quarter.
- 35 funds opened new Pan American Silver positions in Q4 2017 and 30 closed out, a net change of +5 holders.
- The largest Pan American Silver buyer in Q4 2017 was Millennium Management, an estimated $40.4M added.
- The largest Pan American Silver seller in Q4 2017 was Pendal Group, an estimated $108M sold.
Based on aggregated 13F filings for Q4 2017.