Pan American Silver
PAAS
169 hedge funds and large institutions have $1.41B invested in Pan American Silver in 2017 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 51 increasing their positions, 50 reducing their positions, and 25 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
5% more capital invested
Capital invested by funds: $1.34B → $1.41B (+$68.2M)
4.75% more ownership
Funds ownership: 49.9% → 54.65% (+4.7%)
2% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 50
6% less funds holding
Funds holding: 180 → 169 (-11)
36% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 25
45% less call options, than puts
Call options by funds: $23M | Put options by funds: $41.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$115M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$26.9M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$15.9M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$12.6M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$9.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
-$114M |
| 2 |
Millennium Management
New York
|
-$20.5M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$19.4M |
| 4 |
Ninety One (UK)
London,
United Kingdom
|
-$14.4M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$11.9M |
PAAS Hedge Fund Activity: Q2 2017 in Review
169 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Pan American Silver (PAAS) for Q2 2017, worth a combined $1.41B — up 5.1% from $1.34B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of PAAS and 16 opened new positions — a net loss of 9 holders — while 50 trimmed existing stakes and 51 added.
The largest buyer was VanEck Associates, adding an estimated $115M. The largest seller was Westpac Banking Corp, exiting entirely with an estimated $114M sold.
- 169 institutional investors held Pan American Silver (PAAS) as of Q2 2017, down from 180 in Q1 2017.
- Funds reported $1.41B of Pan American Silver stock for Q2 2017, up 5.1% quarter-over-quarter.
- 16 funds opened new Pan American Silver positions in Q2 2017 and 25 closed out, a net change of -9 holders.
- The largest Pan American Silver buyer in Q2 2017 was VanEck Associates, an estimated $115M added.
- The largest Pan American Silver seller in Q2 2017 was Westpac Banking Corp, an estimated $114M sold.
Based on aggregated 13F filings for Q2 2017.