Pan American Silver
PAAS
181 hedge funds and large institutions have $1.43B invested in Pan American Silver in 2019 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 63 increasing their positions, 67 reducing their positions, and 46 closing their positions.
96% more call options, than puts
Call options by funds: $63.8M | Put options by funds: $32.5M
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1% less capital invested
Capital invested by funds: $1.44B → $1.43B (-$12.2M)
6% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 67
2.34% less ownership
Funds ownership: 54.66% → 52.32% (-2.3%)
13% less funds holding
Funds holding: 209 → 181 (-28)
54% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCP
Polunin Capital Partners
London,
United Kingdom
|
+$26.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$26.1M |
| 3 |
Renaissance Technologies
New York
|
+$18.5M |
| 4 |
Millennium Management
New York
|
+$12.5M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Passport Capital
San Francisco,
California
|
-$59.5M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$26.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$23M |
| 4 |
D.E. Shaw & Co
New York
|
-$17.9M |
| 5 |
HCM
Highbridge Capital Management
New York
|
-$17.6M |
PAAS Hedge Fund Activity: Q2 2019 in Review
181 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Pan American Silver (PAAS) for Q2 2019, worth a combined $1.43B — down 0.85% from $1.44B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of PAAS and 21 opened new positions — a net loss of 25 holders — while 67 trimmed existing stakes and 63 added.
The largest buyer was Polunin Capital Partners, opening a new position worth an estimated $26.7M. The largest seller was Passport Capital, exiting entirely with an estimated $59.5M sold.
- 181 institutional investors held Pan American Silver (PAAS) as of Q2 2019, down from 209 in Q1 2019.
- Funds reported $1.43B of Pan American Silver stock for Q2 2019, down 0.85% quarter-over-quarter.
- 21 funds opened new Pan American Silver positions in Q2 2019 and 46 closed out, a net change of -25 holders.
- The largest Pan American Silver buyer in Q2 2019 was Polunin Capital Partners, an estimated $26.7M added.
- The largest Pan American Silver seller in Q2 2019 was Passport Capital, an estimated $59.5M sold.
Based on aggregated 13F filings for Q2 2019.