Pan American Silver
PAAS
321 hedge funds and large institutions have $3.07B invested in Pan American Silver in 2023 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 105 increasing their positions, 96 reducing their positions, and 33 closing their positions.
113% more call options, than puts
Call options by funds: $185M | Put options by funds: $86.9M
48% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 33
14% more capital invested
Capital invested by funds: $2.7B → $3.07B (+$371M)
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
4% more funds holding
Funds holding: 308 → 321 (+13)
1.12% more ownership
Funds ownership: 50.67% → 51.79% (+1.1%)
9% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 96
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$72.5M |
| 2 |
BlackRock
New York
|
+$48.7M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$28.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$25.6M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$54.2M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$24.6M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$14.5M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$13.8M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$11.9M |
PAAS Hedge Fund Activity: Q4 2023 in Review
321 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Pan American Silver (PAAS) for Q4 2023, worth a combined $3.07B — up 14% from $2.7B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new PAAS positions and 33 closed out — a net gain of 16 holders — while 105 added to existing stakes and 96 trimmed.
The largest buyer was VanEck Associates, adding an estimated $72.5M. The largest seller was Goldman Sachs, cutting an estimated $54.2M.
- 321 institutional investors held Pan American Silver (PAAS) as of Q4 2023, up from 308 in Q3 2023.
- Funds reported $3.07B of Pan American Silver stock for Q4 2023, up 14% quarter-over-quarter.
- 49 funds opened new Pan American Silver positions in Q4 2023 and 33 closed out, a net change of +16 holders.
- The largest Pan American Silver buyer in Q4 2023 was VanEck Associates, an estimated $72.5M added.
- The largest Pan American Silver seller in Q4 2023 was Goldman Sachs, an estimated $54.2M sold.
Based on aggregated 13F filings for Q4 2023.