Pan American Silver
PAAS
294 hedge funds and large institutions have $2.95B invested in Pan American Silver in 2021 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 105 increasing their positions, 94 reducing their positions, and 37 closing their positions.
38% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 37
23% more call options, than puts
Call options by funds: $178M | Put options by funds: $144M
12% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 94
4% more funds holding
Funds holding: 284 → 294 (+10)
1.42% less ownership
Funds ownership: 48.06% → 46.64% (-1.4%)
14% less funds holding in top 10
Funds holding in top 10: 14 → 12 (-2)
15% less capital invested
Capital invested by funds: $3.48B → $2.95B (-$533M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$52.2M |
| 2 |
RAA
RWC Asset Advisors
Miami,
Florida
|
+$38.5M |
| 3 |
EMG
ETF Managers Group
Summit,
New Jersey
|
+$22.7M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$13.1M |
| 5 |
RAM
RWC Asset Management
London,
United Kingdom
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$64.4M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$56.6M |
| 3 |
BNP Paribas Asset Management
Paris,
France
|
-$50.6M |
| 4 |
Renaissance Technologies
New York
|
-$33M |
| 5 |
BlackRock
New York
|
-$26.4M |
PAAS Hedge Fund Activity: Q1 2021 in Review
294 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Pan American Silver (PAAS) for Q1 2021, worth a combined $2.95B — down 15% from $3.48B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new PAAS positions and 37 closed out — a net gain of 14 holders — while 105 added to existing stakes and 94 trimmed.
The largest buyer was Driehaus Capital Management, adding an estimated $52.2M. The largest seller was VanEck Associates, cutting an estimated $64.4M.
- 294 institutional investors held Pan American Silver (PAAS) as of Q1 2021, up from 284 in Q4 2020.
- Funds reported $2.95B of Pan American Silver stock for Q1 2021, down 15% quarter-over-quarter.
- 51 funds opened new Pan American Silver positions in Q1 2021 and 37 closed out, a net change of +14 holders.
- The largest Pan American Silver buyer in Q1 2021 was Driehaus Capital Management, an estimated $52.2M added.
- The largest Pan American Silver seller in Q1 2021 was VanEck Associates, an estimated $64.4M sold.
Based on aggregated 13F filings for Q1 2021.