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Pan American Silver

172 hedge funds and large institutions have $1.18B invested in Pan American Silver in 2018 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 56 increasing their positions, 63 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

0.12% more ownership

Funds ownership: 52.83%52.96% (+0.12%)

2% less capital invested

Capital invested by funds: $1.2B → $1.18B (-$18.8M)

7% less funds holding

Funds holding: 185172 (-13)

11% less repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 63

13% less call options, than puts

Call options by funds: $23.2M | Put options by funds: $26.6M

30% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 37

Holders
172
Holders Change
-13
Holders Change %
-7.03%
% of All Funds
3.83%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
26
Increased
56
Reduced
63
Closed
37
Calls
$23.2M
Puts
$26.6M
Net Calls
-$3.37M
Net Calls Change
+$7.41M
Name Holding Trade Value Shares
Change
Change in
Stake
VanEck Associates
1
VanEck Associates
New York
$303M -$1.74M -121,325 -0.6%
Renaissance Technologies
2
Renaissance Technologies
New York
$102M +$17.1M +1,198,530 +21%
Connor, Clark & Lunn Investment Management (CC&L)
3
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$83.1M -$26.3M -1,836,121 -24%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$66.1M +$3.73M +260,455 +6%
TAM
5
Tocqueville Asset Management
New York
$64.5M -$4.41M -308,600 -7%
Vanguard Group
6
Vanguard Group
Pennsylvania
$56.2M +$3.31M +231,110 +6%
Ninety One (UK)
7
Ninety One (UK)
United Kingdom
$42.2M +$10.3M +718,291 +33%
Mirae Asset Global Investments
8
Mirae Asset Global Investments
South Korea
$41.6M +$23M +1,606,978 +129%
Mackenzie Financial
9
Mackenzie Financial
Ontario, Canada
$36.5M +$22.8M +1,592,198 +175%
Deutsche Bank
10
Deutsche Bank
Germany
$35.4M +$6.21M +433,981 +22%
Norges Bank
11
Norges Bank
Norway
$25.3M
USAA
12
United Services Automobile Association
Texas
$22M
Morgan Stanley
13
Morgan Stanley
New York
$15.7M -$23.8M -1,663,270 -61%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$15.1M +$1.37M +95,849 +10%
HCM
15
Highbridge Capital Management
New York
$13.3M +$13M +910,879 New
AIMCA
16
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$12.9M -$971K -67,900 -10%
TD Asset Management
17
TD Asset Management
Ontario, Canada
$11.2M -$1.85M -129,668 -15%
SI
18
Sprott Inc
Ontario, Canada
$11M -$4.31M -301,656 -32%
FP
19
Foundry Partners
Minnesota
$9.53M +$795K +55,573 +9%
Group One Trading
20
Group One Trading
Illinois
$9.31M +$3.53M +246,847 +63%
DZ Bank
21
DZ Bank
Germany
$9.25M -$143K -10,000 -2%
Susquehanna International Group
22
Susquehanna International Group
Pennsylvania
$8.86M +$2.2M +153,765 +34%
Bank of Montreal
23
Bank of Montreal
Ontario, Canada
$8.07M -$14M -976,402 -64%
Capital Fund Management (CFM)
24
Capital Fund Management (CFM)
France
$7.99M +$2.5M +175,094 +47%
Two Sigma Advisers
25
Two Sigma Advisers
New York
$7.93M +$3.38M +236,569 +77%

PAAS Hedge Fund Activity: Q4 2018 in Review

172 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Pan American Silver (PAAS) for Q4 2018, worth a combined $1.18B — down 1.6% from $1.2B a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of PAAS and 26 opened new positions — a net loss of 11 holders — while 63 trimmed existing stakes and 56 added.

The largest buyer was Mirae Asset Global Investments, adding an estimated $23M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), cutting an estimated $26.3M.

  • 172 institutional investors held Pan American Silver (PAAS) as of Q4 2018, down from 185 in Q3 2018.
  • Funds reported $1.18B of Pan American Silver stock for Q4 2018, down 1.6% quarter-over-quarter.
  • 26 funds opened new Pan American Silver positions in Q4 2018 and 37 closed out, a net change of -11 holders.
  • The largest Pan American Silver buyer in Q4 2018 was Mirae Asset Global Investments, an estimated $23M added.
  • The largest Pan American Silver seller in Q4 2018 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $26.3M sold.

Based on aggregated 13F filings for Q4 2018.