Platinum Group Metals
PLG
27 hedge funds and large institutions have $17.1M invested in Platinum Group Metals in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
71% more capital invested
Capital invested by funds: $9.98M → $17.1M (+$7.12M)
0% more funds holding
Funds holding: 27 → 27 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
0.01% less ownership
Funds ownership: 3.39% → 3.37% (-0.01%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$2.59M |
| 2 |
CC
CQS Cayman
Camana Bay, Grand Cayman,
Cayman Islands
|
+$397K |
| 3 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$36.8K |
| 4 |
VF
Virtu Financial
New York
|
+$14.1K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$1.51M |
| 2 |
LMGAM
Liberty Mutual Group Asset Management
Boston,
Massachusetts
|
-$1.11M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
-$132K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$3.95K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$1K | -550 | Closed |
|
|
BA
27
Ballew Advisors
Jackson,
Mississippi
| – | +$42 | +35 | New |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | +$60 | +50 | +152% |
|
PLG Hedge Fund Activity: Q3 2018 in Review
27 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Platinum Group Metals (PLG) for Q3 2018, worth a combined $17.1M — up 71% from $9.98M a quarter earlier.
Fund positioning in PLG was balanced in Q3 2018: 3 funds opened new positions, 3 closed out, 8 added to existing stakes and 4 trimmed.
The largest buyer was Franklin Resources, adding an estimated $2.59M. The largest seller was JP Morgan Chase, cutting an estimated $1.51M.
- 27 institutional investors held Platinum Group Metals (PLG) as of Q3 2018, unchanged from Q2 2018.
- Funds reported $17.1M of Platinum Group Metals stock for Q3 2018, up 71% quarter-over-quarter.
- 3 funds opened new Platinum Group Metals positions in Q3 2018 and 3 closed out, a net change of 0 holders.
- The largest Platinum Group Metals buyer in Q3 2018 was Franklin Resources, an estimated $2.59M added.
- The largest Platinum Group Metals seller in Q3 2018 was JP Morgan Chase, an estimated $1.51M sold.
Based on aggregated 13F filings for Q3 2018.