Pan American Silver
PAAS
178 hedge funds and large institutions have $833M invested in Pan American Silver in 2016 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 54 increasing their positions, 59 reducing their positions, and 19 closing their positions.
79% more capital invested
Capital invested by funds: $466M → $833M (+$366M)
68% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 19
62% more call options, than puts
Call options by funds: $19.1M | Put options by funds: $11.8M
7% more funds holding
Funds holding: 167 → 178 (+11)
8% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$18.7M |
| 2 |
Renaissance Technologies
New York
|
+$16.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$14.5M |
| 4 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
+$9.51M |
| 5 |
TAM
Tocqueville Asset Management
New York
|
+$8.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$17.8M |
| 2 |
SO
STRS Ohio
Columbus,
Ohio
|
-$10.3M |
| 3 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$5.97M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$5.94M |
| 5 |
RA
Royce & Associates
New York
|
-$5M |
PAAS Hedge Fund Activity: Q1 2016 in Review
178 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Pan American Silver (PAAS) for Q1 2016, worth a combined $833M — up 79% from $466M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new PAAS positions and 19 closed out — a net gain of 13 holders — while 54 added to existing stakes and 59 trimmed.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), adding an estimated $18.7M. The largest seller was VanEck Associates, cutting an estimated $17.8M.
- 178 institutional investors held Pan American Silver (PAAS) as of Q1 2016, up from 167 in Q4 2015.
- Funds reported $833M of Pan American Silver stock for Q1 2016, up 79% quarter-over-quarter.
- 32 funds opened new Pan American Silver positions in Q1 2016 and 19 closed out, a net change of +13 holders.
- The largest Pan American Silver buyer in Q1 2016 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $18.7M added.
- The largest Pan American Silver seller in Q1 2016 was VanEck Associates, an estimated $17.8M sold.
Based on aggregated 13F filings for Q1 2016.