Platinum Group Metals
PLG
25 hedge funds and large institutions have $38.1M invested in Platinum Group Metals in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 4 closing their positions.
13% more capital invested
Capital invested by funds: $33.6M → $38.1M (+$4.52M)
0.27% more ownership
Funds ownership: 39.47% → 39.74% (+0.27%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 27 → 25 (-2)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$2.63M |
| 2 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$183K |
| 3 |
Renaissance Technologies
New York
|
+$38.3K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.94K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$730 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
-$109K |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$42K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$33K |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$23.7K |
| 5 |
VF
Virtu Financial
New York
|
-$22.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$613 | -420 | -89% |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| – | -$153 | -105 | -91% |
|
PLG Hedge Fund Activity: Q4 2019 in Review
25 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Platinum Group Metals (PLG) for Q4 2019, worth a combined $38.1M — up 13% from $33.6M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PLG and 3 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 3 added.
The largest buyer was Sprott Inc, adding an estimated $2.63M. The largest seller was Donald Smith & Co, cutting an estimated $109K.
- 25 institutional investors held Platinum Group Metals (PLG) as of Q4 2019, down from 27 in Q3 2019.
- Funds reported $38.1M of Platinum Group Metals stock for Q4 2019, up 13% quarter-over-quarter.
- 3 funds opened new Platinum Group Metals positions in Q4 2019 and 4 closed out, a net change of -1 holder.
- The largest Platinum Group Metals buyer in Q4 2019 was Sprott Inc, an estimated $2.63M added.
- The largest Platinum Group Metals seller in Q4 2019 was Donald Smith & Co, an estimated $109K sold.
Based on aggregated 13F filings for Q4 2019.