Platinum Group Metals
PLG
46 hedge funds and large institutions have $363M invested in Platinum Group Metals in 2013 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 2 closing their positions.
600% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 2
31% more funds holding
Funds holding: 35 → 46 (+11)
27% more capital invested
Capital invested by funds: $286M → $363M (+$77.2M)
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
0.14% more ownership
Funds ownership: 0.69% → 0.83% (+0.14%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$15.8M |
| 2 |
LMGAM
Liberty Mutual Group Asset Management
Boston,
Massachusetts
|
+$14.9M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$11.7M |
| 4 |
Ninety One (UK)
London,
United Kingdom
|
+$7.79M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$7.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.44M |
| 2 |
GRP
Geologic Resource Partners
Boston,
Massachusetts
|
-$3.96M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.62M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$1.46M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$863K |
PLG Hedge Fund Activity: Q4 2013 in Review
46 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Platinum Group Metals (PLG) for Q4 2013, worth a combined $363M — up 27% from $286M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new PLG positions and 2 closed out — a net gain of 12 holders — while 15 added to existing stakes and 12 trimmed.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $15.8M. The largest seller was Royal Bank of Canada, cutting an estimated $5.44M.
- 46 institutional investors held Platinum Group Metals (PLG) as of Q4 2013, up from 35 in Q3 2013.
- Funds reported $363M of Platinum Group Metals stock for Q4 2013, up 27% quarter-over-quarter.
- 14 funds opened new Platinum Group Metals positions in Q4 2013 and 2 closed out, a net change of +12 holders.
- The largest Platinum Group Metals buyer in Q4 2013 was Capital Research Global Investors, an estimated $15.8M added.
- The largest Platinum Group Metals seller in Q4 2013 was Royal Bank of Canada, an estimated $5.44M sold.
Based on aggregated 13F filings for Q4 2013.