Pan American Silver
PAAS
288 hedge funds and large institutions have $2.39B invested in Pan American Silver in 2023 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 121 increasing their positions, 64 reducing their positions, and 35 closing their positions.
104% more call options, than puts
Call options by funds: $154M | Put options by funds: $75.4M
89% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 64
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
31% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 35
25% more capital invested
Capital invested by funds: $1.91B → $2.39B (+$483M)
6.91% more ownership
Funds ownership: 55.72% → 62.63% (+6.9%)
3% more funds holding
Funds holding: 280 → 288 (+8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$51M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$47.2M |
| 3 |
NIG
NFJ Investment Group
Dallas,
Texas
|
+$26.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$24.3M |
| 5 |
BlackRock
New York
|
+$22.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$32.9M |
| 2 |
Two Sigma Investments
New York
|
-$17.1M |
| 3 |
Renaissance Technologies
New York
|
-$15.1M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$8.42M |
| 5 |
VI
Vestcor Inc
Fredericton,
New Brunswick, Canada
|
-$7.24M |
PAAS Hedge Fund Activity: Q1 2023 in Review
288 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Pan American Silver (PAAS) for Q1 2023, worth a combined $2.39B — up 25% from $1.91B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new PAAS positions and 35 closed out — a net gain of 11 holders — while 121 added to existing stakes and 64 trimmed.
The largest buyer was VanEck Associates, adding an estimated $51M. The largest seller was Jupiter Asset Management, exiting entirely with an estimated $32.9M sold.
- 288 institutional investors held Pan American Silver (PAAS) as of Q1 2023, up from 280 in Q4 2022.
- Funds reported $2.39B of Pan American Silver stock for Q1 2023, up 25% quarter-over-quarter.
- 46 funds opened new Pan American Silver positions in Q1 2023 and 35 closed out, a net change of +11 holders.
- The largest Pan American Silver buyer in Q1 2023 was VanEck Associates, an estimated $51M added.
- The largest Pan American Silver seller in Q1 2023 was Jupiter Asset Management, an estimated $32.9M sold.
Based on aggregated 13F filings for Q1 2023.