Pan American Silver
PAAS
180 hedge funds and large institutions have $1.34B invested in Pan American Silver in 2017 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 54 increasing their positions, 62 reducing their positions, and 36 closing their positions.
16% more capital invested
Capital invested by funds: $1.16B → $1.34B (+$183M)
0.31% less ownership
Funds ownership: 50.21% → 49.9% (-0.31%)
7% less funds holding
Funds holding: 193 → 180 (-13)
13% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 62
28% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 36
33% less call options, than puts
Call options by funds: $25M | Put options by funds: $37.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$37.3M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$19.8M |
| 3 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
+$9.2M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$8.52M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$6.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$13.8M |
| 2 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$11.6M |
| 3 |
Morgan Stanley
New York
|
-$10.7M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$9.33M |
| 5 |
D.E. Shaw & Co
New York
|
-$8.24M |
PAAS Hedge Fund Activity: Q1 2017 in Review
180 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Pan American Silver (PAAS) for Q1 2017, worth a combined $1.34B — up 16% from $1.16B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of PAAS and 26 opened new positions — a net loss of 10 holders — while 62 trimmed existing stakes and 54 added.
The largest buyer was VanEck Associates, adding an estimated $37.3M. The largest seller was Invesco, cutting an estimated $13.8M.
- 180 institutional investors held Pan American Silver (PAAS) as of Q1 2017, down from 193 in Q4 2016.
- Funds reported $1.34B of Pan American Silver stock for Q1 2017, up 16% quarter-over-quarter.
- 26 funds opened new Pan American Silver positions in Q1 2017 and 36 closed out, a net change of -10 holders.
- The largest Pan American Silver buyer in Q1 2017 was VanEck Associates, an estimated $37.3M added.
- The largest Pan American Silver seller in Q1 2017 was Invesco, an estimated $13.8M sold.
Based on aggregated 13F filings for Q1 2017.