Pan American Silver
PAAS
185 hedge funds and large institutions have $1.2B invested in Pan American Silver in 2018 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 57 increasing their positions, 57 reducing their positions, and 31 closing their positions.
1.74% more ownership
Funds ownership: 51.09% → 52.83% (+1.7%)
0% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 57
6% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 31
2% less funds holding
Funds holding: 189 → 185 (-4)
15% less capital invested
Capital invested by funds: $1.41B → $1.2B (-$209M)
35% less call options, than puts
Call options by funds: $19.9M | Put options by funds: $30.7M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$25.8M |
| 2 |
VanEck Associates
New York
|
+$24.2M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$19.9M |
| 4 |
Renaissance Technologies
New York
|
+$14M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$21.7M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$18.3M |
| 3 |
PG
Pendal Group
Sydney,
Australia
|
-$5.94M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.86M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$5.62M |
PAAS Hedge Fund Activity: Q3 2018 in Review
185 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Pan American Silver (PAAS) for Q3 2018, worth a combined $1.2B — down 15% from $1.41B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of PAAS and 29 opened new positions — a net loss of 2 holders — while 57 trimmed existing stakes and 57 added.
The largest buyer was Morgan Stanley, adding an estimated $25.8M. The largest seller was Citadel Advisors, cutting an estimated $21.7M.
- 185 institutional investors held Pan American Silver (PAAS) as of Q3 2018, down from 189 in Q2 2018.
- Funds reported $1.2B of Pan American Silver stock for Q3 2018, down 15% quarter-over-quarter.
- 29 funds opened new Pan American Silver positions in Q3 2018 and 31 closed out, a net change of -2 holders.
- The largest Pan American Silver buyer in Q3 2018 was Morgan Stanley, an estimated $25.8M added.
- The largest Pan American Silver seller in Q3 2018 was Citadel Advisors, an estimated $21.7M sold.
Based on aggregated 13F filings for Q3 2018.