Platinum Group Metals
PLG
45 hedge funds and large institutions have $178M invested in Platinum Group Metals in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
7% more funds holding
Funds holding: 42 → 45 (+3)
0.01% more ownership
Funds ownership: 0.73% → 0.74% (+0.01%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
30% less capital invested
Capital invested by funds: $255M → $178M (-$76.3M)
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$10.8M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$249K |
| 3 |
Morgan Stanley
New York
|
+$60.2K |
| 4 |
TSS
Two Sigma Securities
New York
|
+$22.3K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$15.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$4.53M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
-$3.64M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$429K |
| 4 |
GAM
Genesis Asset Managers
Guernsey, Channel Islands,
United Kingdom
|
-$326K |
| 5 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$156K |
PLG Hedge Fund Activity: Q3 2015 in Review
45 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Platinum Group Metals (PLG) for Q3 2015, worth a combined $178M — down 30% from $255M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PLG positions and 2 closed out — a net gain of 3 holders — while 8 added to existing stakes and 12 trimmed.
The largest buyer was Franklin Resources, adding an estimated $10.8M. The largest seller was JP Morgan Chase, cutting an estimated $4.53M.
- 45 institutional investors held Platinum Group Metals (PLG) as of Q3 2015, up from 42 in Q2 2015.
- Funds reported $178M of Platinum Group Metals stock for Q3 2015, down 30% quarter-over-quarter.
- 5 funds opened new Platinum Group Metals positions in Q3 2015 and 2 closed out, a net change of +3 holders.
- The largest Platinum Group Metals buyer in Q3 2015 was Franklin Resources, an estimated $10.8M added.
- The largest Platinum Group Metals seller in Q3 2015 was JP Morgan Chase, an estimated $4.53M sold.
Based on aggregated 13F filings for Q3 2015.