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Pan American Silver

186 hedge funds and large institutions have $1.29B invested in Pan American Silver in 2016 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 57 increasing their positions, 68 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

5% more capital invested

Capital invested by funds: $1.23B → $1.29B (+$55.5M)

6% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 32

2% less funds holding

Funds holding: 189186 (-3)

16% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 68

33% less call options, than puts

Call options by funds: $32M | Put options by funds: $47.8M

Holders
186
Holders Change
-3
Holders Change %
-1.59%
% of All Funds
4.96%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
30
Increased
57
Reduced
68
Closed
32
Calls
$32M
Puts
$47.8M
Net Calls
-$15.8M
Net Calls Change
-$8.62M
Name Holding Trade Value Shares
Change
Change in
Stake
VanEck Associates
1
VanEck Associates
New York
$155M +$30.4M +1,627,861 +23%
Connor, Clark & Lunn Investment Management (CC&L)
2
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$151M +$9.99M +534,408 +7%
TAM
3
Tocqueville Asset Management
New York
$102M -$10.6M -565,125 -9%
Renaissance Technologies
4
Renaissance Technologies
New York
$76.2M -$28.5M -1,521,700 -26%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$60.9M -$17.6M -940,200 -21%
GXMC
6
Global X Management Company
New York
$49.9M +$6.47M +346,257 +14%
Deutsche Bank
7
Deutsche Bank
Germany
$45.5M -$18.5M -989,420 -28%
Ninety One (UK)
8
Ninety One (UK)
United Kingdom
$44.9M +$12.8M +684,727 +37%
Vanguard Group
9
Vanguard Group
Pennsylvania
$44.2M +$1.16M +61,887 +3%
AIMCA
10
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$27.9M +$8.04M +429,800 +55%
Morgan Stanley
11
Morgan Stanley
New York
$26.6M +$14.6M +778,620 +106%
Invesco
12
Invesco
Georgia
$23.6M +$750K +40,117 +3%
TD Asset Management
13
TD Asset Management
Ontario, Canada
$22.6M +$1.13M +60,323 +5%
Fidelity International
14
Fidelity International
Bermuda
$22.3M +$23.7M +1,268,057 New
USAA
15
United Services Automobile Association
Texas
$22M -$411K -22,000 -2%
D.E. Shaw & Co
16
D.E. Shaw & Co
New York
$21.8M +$246K +13,173 +1%
Arrowstreet Capital
17
Arrowstreet Capital
Massachusetts
$21.2M -$48.4M -2,589,609 -68%
DSC
18
Donald Smith & Co
New York
$19.6M -$399K -21,330 -2%
Public Sector Pension Investment Board (PSP Investments)
19
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$18.3M -$140K -7,485 -0.7%
Norges Bank
20
Norges Bank
Norway
$15.2M -$1.17M -62,505 -6%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$13.6M +$8.81M +471,368 +157%
Citadel Advisors
22
Citadel Advisors
Florida
$12.5M +$9.91M +530,111 +298%
Marshall Wace
23
Marshall Wace
United Kingdom
$11.9M +$9.65M +515,979 +322%
BIM
24
Bogle Investment Management
Massachusetts
$11.2M +$11.9M +635,922 New
PSCM
25
Prince Street Capital Management
New York
$10.2M +$10.8M +579,000 New

PAAS Hedge Fund Activity: Q3 2016 in Review

186 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Pan American Silver (PAAS) for Q3 2016, worth a combined $1.29B — up 4.5% from $1.23B a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of PAAS and 30 opened new positions — a net loss of 2 holders — while 68 trimmed existing stakes and 57 added.

The largest buyer was VanEck Associates, adding an estimated $30.4M. The largest seller was Arrowstreet Capital, cutting an estimated $48.4M.

  • 186 institutional investors held Pan American Silver (PAAS) as of Q3 2016, down from 189 in Q2 2016.
  • Funds reported $1.29B of Pan American Silver stock for Q3 2016, up 4.5% quarter-over-quarter.
  • 30 funds opened new Pan American Silver positions in Q3 2016 and 32 closed out, a net change of -2 holders.
  • The largest Pan American Silver buyer in Q3 2016 was VanEck Associates, an estimated $30.4M added.
  • The largest Pan American Silver seller in Q3 2016 was Arrowstreet Capital, an estimated $48.4M sold.

Based on aggregated 13F filings for Q3 2016.