Platinum Group Metals
PLG
35 hedge funds and large institutions have $286M invested in Platinum Group Metals in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
15% more capital invested
Capital invested by funds: $248M → $286M (+$37.6M)
0.01% more ownership
Funds ownership: 0.68% → 0.69% (+0.01%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
3% less funds holding
Funds holding: 36 → 35 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.06M |
| 2 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$2.92M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
+$1.15M |
| 4 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$418K |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$259K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GRP
Geologic Resource Partners
Boston,
Massachusetts
|
-$4.21M |
| 2 |
GAM
Genesis Asset Managers
Guernsey, Channel Islands,
United Kingdom
|
-$868K |
| 3 |
Zurich Cantonal Bank
Zurich,
Switzerland
|
-$363K |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$219K |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$129K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Renaissance Technologies
New York
| $36K | +$34.9K | +337 | New |
|
27
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $34K | +$33.7K | +325 | New |
|
|
RPA
28
Rock Point Advisors
Burlington,
Vermont
| $26K | – | – | – |
|
29
Nomura Holdings
Tokyo,
Japan
| $16K | +$16K | +154 | New |
|
|
VKH
30
Virtu KCG Holdings
New York
| $13K | +$12.3K | +119 | New |
|
|
AIC
31
Ambs Investment Counsel
Grand Rapids,
Michigan
| $11K | – | – | – |
|
|
LW
32
Linscomb Wealth
Houston,
Texas
| $11K | – | – | – |
|
33
Bank of America
Charlotte,
North Carolina
| $6K | -$1.14K | -11 | -16% |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| $3K | -$830 | -8 | -21% |
|
|
LTFS
35
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
|
36
Bank of Nova Scotia
Toronto,
Ontario, Canada
| – | -$219K | -2,500 | Closed |
|
|
EIM
37
Essex Investment Management
Boston,
Massachusetts
| – | -$61K | -681 | Closed |
|
|
SI
38
SII Investments
Appleton,
Wisconsin
| – | -$19K | -200 | Closed |
|
|
JMPWA
39
JP Morgan Private Wealth Advisors
San Francisco,
California
| – | -$14K | -150 | Closed |
|
PLG Hedge Fund Activity: Q3 2013 in Review
35 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Platinum Group Metals (PLG) for Q3 2013, worth a combined $286M — up 15% from $248M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PLG positions and 4 closed out — a net gain of 1 holder — while 11 added to existing stakes and 11 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $3.06M. The largest seller was Geologic Resource Partners, cutting an estimated $4.21M.
- 35 institutional investors held Platinum Group Metals (PLG) as of Q3 2013, down from 36 in Q2 2013.
- Funds reported $286M of Platinum Group Metals stock for Q3 2013, up 15% quarter-over-quarter.
- 5 funds opened new Platinum Group Metals positions in Q3 2013 and 4 closed out, a net change of +1 holder.
- The largest Platinum Group Metals buyer in Q3 2013 was Royal Bank of Canada, an estimated $3.06M added.
- The largest Platinum Group Metals seller in Q3 2013 was Geologic Resource Partners, an estimated $4.21M sold.
Based on aggregated 13F filings for Q3 2013.