Pan American Silver
PAAS
238 hedge funds and large institutions have $1.63B invested in Pan American Silver in 2020 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 68 increasing their positions, 89 reducing their positions, and 40 closing their positions.
81% more call options, than puts
Call options by funds: $81.9M | Put options by funds: $45.4M
10% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 40
0% more funds holding
Funds holding: 237 → 238 (+1)
3.2% less ownership
Funds ownership: 56.58% → 53.38% (-3.2%)
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
24% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 89
42% less capital invested
Capital invested by funds: $2.83B → $1.63B (-$1.2B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$95.9M |
| 2 |
BlackRock
New York
|
+$28.8M |
| 3 |
Renaissance Technologies
New York
|
+$25.9M |
| 4 |
BNP Paribas Asset Management
Paris,
France
|
+$23.6M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$22.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
-$93.2M |
| 2 |
Morgan Stanley
New York
|
-$64.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$51.6M |
| 4 |
VanEck Associates
New York
|
-$42.8M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$36.2M |
PAAS Hedge Fund Activity: Q1 2020 in Review
238 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Pan American Silver (PAAS) for Q1 2020, worth a combined $1.63B — down 42% from $2.83B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new PAAS positions and 40 closed out — a net gain of 4 holders — while 68 added to existing stakes and 89 trimmed.
The largest buyer was Sprott Inc, adding an estimated $95.9M. The largest seller was Tocqueville Asset Management, cutting an estimated $93.2M.
- 238 institutional investors held Pan American Silver (PAAS) as of Q1 2020, up from 237 in Q4 2019.
- Funds reported $1.63B of Pan American Silver stock for Q1 2020, down 42% quarter-over-quarter.
- 44 funds opened new Pan American Silver positions in Q1 2020 and 40 closed out, a net change of +4 holders.
- The largest Pan American Silver buyer in Q1 2020 was Sprott Inc, an estimated $95.9M added.
- The largest Pan American Silver seller in Q1 2020 was Tocqueville Asset Management, an estimated $93.2M sold.
Based on aggregated 13F filings for Q1 2020.