Pan American Silver
PAAS
167 hedge funds and large institutions have $466M invested in Pan American Silver in 2015 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 46 increasing their positions, 62 reducing their positions, and 31 closing their positions.
0% more capital invested
Capital invested by funds: $464M → $466M (+$2.12M)
6% less call options, than puts
Call options by funds: $7.49M | Put options by funds: $7.97M
8% less funds holding
Funds holding: 181 → 167 (-14)
26% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 62
35% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 31
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$17.6M |
| 2 |
Renaissance Technologies
New York
|
+$3.77M |
| 3 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$2.16M |
| 4 |
Capital Fund Management (CFM)
Paris,
France
|
+$2.12M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$9.83M |
| 2 |
Morgan Stanley
New York
|
-$3.47M |
| 3 |
SIM
Sentry Investment Management
Stevens Point,
Wisconsin
|
-$2.72M |
| 4 |
DVM
Dreman Value Management
West Palm Beach,
Florida
|
-$2.32M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$2.04M |
PAAS Hedge Fund Activity: Q4 2015 in Review
167 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Pan American Silver (PAAS) for Q4 2015, worth a combined $466M — up 0.46% from $464M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of PAAS and 20 opened new positions — a net loss of 11 holders — while 62 trimmed existing stakes and 46 added.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), adding an estimated $17.6M. The largest seller was VanEck Associates, cutting an estimated $9.83M.
- 167 institutional investors held Pan American Silver (PAAS) as of Q4 2015, down from 181 in Q3 2015.
- Funds reported $466M of Pan American Silver stock for Q4 2015, up 0.46% quarter-over-quarter.
- 20 funds opened new Pan American Silver positions in Q4 2015 and 31 closed out, a net change of -11 holders.
- The largest Pan American Silver buyer in Q4 2015 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $17.6M added.
- The largest Pan American Silver seller in Q4 2015 was VanEck Associates, an estimated $9.83M sold.
Based on aggregated 13F filings for Q4 2015.