Platinum Group Metals
PLG
28 hedge funds and large institutions have $46.7M invested in Platinum Group Metals in 2020 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
26% more capital invested
Capital invested by funds: $37.2M → $46.7M (+$9.56M)
12% more funds holding
Funds holding: 25 → 28 (+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: 7 | Existing positions reduced: 7
3.53% less ownership
Funds ownership: 40.64% → 37.11% (-3.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$347K |
| 2 |
Franklin Resources
San Mateo,
California
|
+$174K |
| 3 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$20.2K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$12.2K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$6.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$3.72M |
| 2 |
DSC
Donald Smith & Co
New York
|
-$393K |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$357K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$67K |
| 5 |
VF
Virtu Financial
New York
|
-$26K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFSG
26
Newbridge Financial Services Group
Boca Raton,
Florida
| $1K | +$942 | +466 | New |
|
|
27
Citadel Advisors
Miami,
Florida
| – | -$67K | -46,148 | Closed |
|
|
VF
28
Virtu Financial
New York
| – | -$26K | -18,044 | Closed |
|
29
UBS Group
Zurich,
Switzerland
| – | -$1.36K | -675 | -66% |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$168 | +83 | +160% |
|
PLG Hedge Fund Activity: Q3 2020 in Review
28 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Platinum Group Metals (PLG) for Q3 2020, worth a combined $46.7M — up 26% from $37.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PLG positions and 2 closed out — a net gain of 3 holders — while 7 added to existing stakes and 7 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $347K. The largest seller was Sprott Inc, cutting an estimated $3.72M.
- 28 institutional investors held Platinum Group Metals (PLG) as of Q3 2020, up from 25 in Q2 2020.
- Funds reported $46.7M of Platinum Group Metals stock for Q3 2020, up 26% quarter-over-quarter.
- 5 funds opened new Platinum Group Metals positions in Q3 2020 and 2 closed out, a net change of +3 holders.
- The largest Platinum Group Metals buyer in Q3 2020 was Renaissance Technologies, an estimated $347K added.
- The largest Platinum Group Metals seller in Q3 2020 was Sprott Inc, an estimated $3.72M sold.
Based on aggregated 13F filings for Q3 2020.