Pan American Silver
PAAS
209 hedge funds and large institutions have $1.44B invested in Pan American Silver in 2019 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 95 increasing their positions, 31 reducing their positions, and 21 closing their positions.
206% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 31
181% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 21
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
105% more call options, than puts
Call options by funds: $53.7M | Put options by funds: $26.2M
22% more funds holding
Funds holding: 172 → 209 (+37)
21% more capital invested
Capital invested by funds: $1.19B → $1.44B (+$248M)
1.7% more ownership
Funds ownership: 52.96% → 54.66% (+1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$88.1M |
| 2 |
PC
Passport Capital
San Francisco,
California
|
+$69.1M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$37.2M |
| 4 |
Morgan Stanley
New York
|
+$32.2M |
| 5 |
SPC
Slate Path Capital
New York
|
+$25.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$25M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$22.5M |
| 3 |
Capital Fund Management (CFM)
Paris,
France
|
-$6.08M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$5.24M |
| 5 |
Group One Trading
Chicago,
Illinois
|
-$4.08M |
PAAS Hedge Fund Activity: Q1 2019 in Review
209 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Pan American Silver (PAAS) for Q1 2019, worth a combined $1.44B — up 21% from $1.19B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new PAAS positions and 21 closed out — a net gain of 38 holders — while 95 added to existing stakes and 31 trimmed.
The largest buyer was VanEck Associates, adding an estimated $88.1M. The largest seller was Mackenzie Financial, cutting an estimated $25M.
- 209 institutional investors held Pan American Silver (PAAS) as of Q1 2019, up from 172 in Q4 2018.
- Funds reported $1.44B of Pan American Silver stock for Q1 2019, up 21% quarter-over-quarter.
- 59 funds opened new Pan American Silver positions in Q1 2019 and 21 closed out, a net change of +38 holders.
- The largest Pan American Silver buyer in Q1 2019 was VanEck Associates, an estimated $88.1M added.
- The largest Pan American Silver seller in Q1 2019 was Mackenzie Financial, an estimated $25M sold.
Based on aggregated 13F filings for Q1 2019.