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Pan American Silver

184 hedge funds and large institutions have $1.43B invested in Pan American Silver in 2017 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 54 increasing their positions, 49 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 15

10% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 49

9% more funds holding

Funds holding: 169184 (+15)

1% more capital invested

Capital invested by funds: $1.41B → $1.43B (+$19.5M)

0.07% more ownership

Funds ownership: 54.65%54.72% (+0.07%)

33% less call options, than puts

Call options by funds: $13M | Put options by funds: $19.4M

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
184
Holders Change
+15
Holders Change %
+8.88%
% of All Funds
4.59%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.05%
New
32
Increased
54
Reduced
49
Closed
15
Calls
$13M
Puts
$19.4M
Net Calls
-$6.38M
Net Calls Change
+$12.7M
Name Holding Trade Value Shares
Change
Change in
Stake
VanEck Associates
1
VanEck Associates
New York
$282M -$21M -1,220,752 -7%
Connor, Clark & Lunn Investment Management (CC&L)
2
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$168M -$22.1M -1,279,721 -11%
PG
3
Pendal Group
Australia
$122M
TAM
4
Tocqueville Asset Management
New York
$93.2M -$5.33M -309,100 -5%
Renaissance Technologies
5
Renaissance Technologies
New York
$64.1M +$17.6M +1,020,117 +37%
Deutsche Bank
6
Deutsche Bank
Germany
$62.1M +$11.5M +668,528 +22%
Vanguard Group
7
Vanguard Group
Pennsylvania
$53.4M +$3.04M +176,359 +6%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$53.3M -$6.36M -368,900 -11%
Ninety One (UK)
9
Ninety One (UK)
United Kingdom
$44.1M +$6.42M +372,424 +17%
Millennium Management
10
Millennium Management
New York
$27.7M +$24.9M +1,441,747 +800%
Bank of Montreal
11
Bank of Montreal
Ontario, Canada
$26.2M -$327K -18,964 -1%
Morgan Stanley
12
Morgan Stanley
New York
$23.7M +$7.84M +454,979 +49%
GXMC
13
Global X Management Company
New York
$21.2M +$984K +57,079 +5%
TD Asset Management
14
TD Asset Management
Ontario, Canada
$20.6M -$229K -13,300 -1%
AIMCA
15
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$20.1M -$2.14M -124,400 -12%
Norges Bank
16
Norges Bank
Norway
$19.9M -$1.29M -74,776 -6%
USAA
17
United Services Automobile Association
Texas
$17.9M
CS
18
Credit Suisse
Switzerland
$16.6M +$1.34M +77,736 +9%
Public Sector Pension Investment Board (PSP Investments)
19
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$14.4M
Schroder Investment Management Group
20
Schroder Investment Management Group
United Kingdom
$14.1M +$1.19M +69,080 +9%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$13.5M +$1.57M +91,143 +13%
Capital Fund Management (CFM)
22
Capital Fund Management (CFM)
France
$11.3M +$4.34M +251,878 +61%
Invesco
23
Invesco
Georgia
$11M +$1.39M +80,628 +14%
T. Rowe Price Associates
24
T. Rowe Price Associates
Maryland
$10.7M -$16.1M -931,368 -60%
Wells Fargo
25
Wells Fargo
California
$8.7M +$1.13M +65,397 +15%

PAAS Hedge Fund Activity: Q3 2017 in Review

184 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Pan American Silver (PAAS) for Q3 2017, worth a combined $1.43B — up 1.4% from $1.41B a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new PAAS positions and 15 closed out — a net gain of 17 holders — while 54 added to existing stakes and 49 trimmed.

The largest buyer was Millennium Management, adding an estimated $24.9M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), cutting an estimated $22.1M.

  • 184 institutional investors held Pan American Silver (PAAS) as of Q3 2017, up from 169 in Q2 2017.
  • Funds reported $1.43B of Pan American Silver stock for Q3 2017, up 1.4% quarter-over-quarter.
  • 32 funds opened new Pan American Silver positions in Q3 2017 and 15 closed out, a net change of +17 holders.
  • The largest Pan American Silver buyer in Q3 2017 was Millennium Management, an estimated $24.9M added.
  • The largest Pan American Silver seller in Q3 2017 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $22.1M sold.

Based on aggregated 13F filings for Q3 2017.