Platinum Group Metals
PLG
46 hedge funds and large institutions have $237M invested in Platinum Group Metals in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 20 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
0% more funds holding
Funds holding: 46 → 46 (0)
0.4% less ownership
Funds ownership: 0.83% → 0.43% (-0.4%)
35% less capital invested
Capital invested by funds: $363M → $237M (-$126M)
80% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 20
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$9.25M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$5.48M |
| 3 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
+$2.33M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$1.68M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$926K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LMGAM
Liberty Mutual Group Asset Management
Boston,
Massachusetts
|
-$107M |
| 2 |
GAM
Genesis Asset Managers
Guernsey, Channel Islands,
United Kingdom
|
-$13.3M |
| 3 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$2.06M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.53M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$1.35M |
PLG Hedge Fund Activity: Q1 2014 in Review
46 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Platinum Group Metals (PLG) for Q1 2014, worth a combined $237M — down 35% from $363M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PLG positions and 5 closed out — a net gain of 1 holder — while 4 added to existing stakes and 20 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $9.25M. The largest seller was Liberty Mutual Group Asset Management, cutting an estimated $107M.
- 46 institutional investors held Platinum Group Metals (PLG) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $237M of Platinum Group Metals stock for Q1 2014, down 35% quarter-over-quarter.
- 6 funds opened new Platinum Group Metals positions in Q1 2014 and 5 closed out, a net change of +1 holder.
- The largest Platinum Group Metals buyer in Q1 2014 was JP Morgan Chase, an estimated $9.25M added.
- The largest Platinum Group Metals seller in Q1 2014 was Liberty Mutual Group Asset Management, an estimated $107M sold.
Based on aggregated 13F filings for Q1 2014.