Platinum Group Metals
PLG
28 hedge funds and large institutions have $24M invested in Platinum Group Metals in 2018 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 10 closing their positions.
0.49% less ownership
Funds ownership: 5.93% → 5.43% (-0.49%)
13% less capital invested
Capital invested by funds: $27.8M → $24M (-$3.74M)
24% less funds holding
Funds holding: 37 → 28 (-9)
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
90% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$31.2K |
| 2 |
Morgan Stanley
New York
|
+$3.06K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.95K |
| 4 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$1.53K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$27 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$1.18M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
-$406K |
| 3 |
BlackRock
New York
|
-$226K |
| 4 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$117K |
| 5 |
DSC
Donald Smith & Co
New York
|
-$103K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Ninety One (UK)
London,
United Kingdom
| – | -$406K | -133,971 | Closed |
|
|
SI
27
Sprott Inc
Toronto,
Ontario, Canada
| – | -$117K | -39,634 | Closed |
|
28
Jane Street
New York
| – | -$14K | -4,450 | Closed |
|
29
Citadel Advisors
Miami,
Florida
| – | -$13K | -4,207 | Closed |
|
|
TSS
30
Two Sigma Securities
New York
| – | -$11K | -3,552 | Closed |
|
31
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$6K | -2,000 | Closed |
|
|
BAM
32
Belpointe Asset Management
Reno,
Nevada
| – | -$3K | -1,010 | Closed |
|
|
LTFS
33
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$574 | -150 | -82% |
|
PLG Hedge Fund Activity: Q1 2018 in Review
28 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Platinum Group Metals (PLG) for Q1 2018, worth a combined $24M — down 13% from $27.8M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PLG and 1 opened new positions — a net loss of 9 holders — while 8 trimmed existing stakes and 4 added.
The largest buyer was Russell Investments Group, opening a new position worth an estimated $31.2K. The largest seller was United Services Automobile Association, cutting an estimated $1.18M.
- 28 institutional investors held Platinum Group Metals (PLG) as of Q1 2018, down from 37 in Q4 2017.
- Funds reported $24M of Platinum Group Metals stock for Q1 2018, down 13% quarter-over-quarter.
- 1 fund opened new Platinum Group Metals positions in Q1 2018 and 10 closed out, a net change of -9 holders.
- The largest Platinum Group Metals buyer in Q1 2018 was Russell Investments Group, an estimated $31.2K added.
- The largest Platinum Group Metals seller in Q1 2018 was United Services Automobile Association, an estimated $1.18M sold.
Based on aggregated 13F filings for Q1 2018.