Platinum Group Metals
PLG
38 hedge funds and large institutions have $225M invested in Platinum Group Metals in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 12 closing their positions.
68% more capital invested
Capital invested by funds: $134M → $225M (+$91.5M)
6.31% more ownership
Funds ownership: 0.69% → 7% (+6.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
14% less funds holding
Funds holding: 44 → 38 (-6)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$6.09M |
| 2 |
O
OppenheimerFunds
New York
|
+$1.2M |
| 3 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$740K |
| 4 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$367K |
| 5 |
Morgan Stanley
New York
|
+$276K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$1.2M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$917K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$896K |
| 4 |
RA
Raffles Associates
New York
|
-$821K |
| 5 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
-$401K |
PLG Hedge Fund Activity: Q1 2016 in Review
38 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Platinum Group Metals (PLG) for Q1 2016, worth a combined $225M — up 68% from $134M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PLG and 6 opened new positions — a net loss of 6 holders — while 9 trimmed existing stakes and 9 added.
The largest buyer was BlackRock Advisors, adding an estimated $6.09M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $1.2M sold.
- 38 institutional investors held Platinum Group Metals (PLG) as of Q1 2016, down from 44 in Q4 2015.
- Funds reported $225M of Platinum Group Metals stock for Q1 2016, up 68% quarter-over-quarter.
- 6 funds opened new Platinum Group Metals positions in Q1 2016 and 12 closed out, a net change of -6 holders.
- The largest Platinum Group Metals buyer in Q1 2016 was BlackRock Advisors, an estimated $6.09M added.
- The largest Platinum Group Metals seller in Q1 2016 was JP Morgan Chase, an estimated $1.2M sold.
Based on aggregated 13F filings for Q1 2016.