Platinum Group Metals
PLG
20 hedge funds and large institutions have $15.1M invested in Platinum Group Metals in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 11 closing their positions.
31.06% more ownership
Funds ownership: 3.37% → 34.43% (+31%)
12% less capital invested
Capital invested by funds: $17.1M → $15.1M (-$2.03M)
26% less funds holding
Funds holding: 27 → 20 (-7)
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$443K |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
+$213K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$45.7K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$23.8K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.45K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$363K |
| 2 |
VF
Virtu Financial
New York
|
-$30K |
| 3 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$8K |
| 4 |
TSS
Two Sigma Securities
New York
|
-$4K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| – | -$878 | -551 | -65% |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$2 | -1 | -1% |
|
28
Citigroup
New York
| – | +$159 | +100 | New |
|
PLG Hedge Fund Activity: Q4 2018 in Review
20 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Platinum Group Metals (PLG) for Q4 2018, worth a combined $15.1M — down 12% from $17.1M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PLG and 4 opened new positions — a net loss of 7 holders — while 7 trimmed existing stakes and 3 added.
The largest buyer was Sprott Inc, adding an estimated $443K. The largest seller was JP Morgan Chase, exiting entirely with an estimated $363K sold.
- 20 institutional investors held Platinum Group Metals (PLG) as of Q4 2018, down from 27 in Q3 2018.
- Funds reported $15.1M of Platinum Group Metals stock for Q4 2018, down 12% quarter-over-quarter.
- 4 funds opened new Platinum Group Metals positions in Q4 2018 and 11 closed out, a net change of -7 holders.
- The largest Platinum Group Metals buyer in Q4 2018 was Sprott Inc, an estimated $443K added.
- The largest Platinum Group Metals seller in Q4 2018 was JP Morgan Chase, an estimated $363K sold.
Based on aggregated 13F filings for Q4 2018.