Platinum Group Metals
PLG
43 hedge funds and large institutions have $308M invested in Platinum Group Metals in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 8 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 8
12% more capital invested
Capital invested by funds: $275M → $308M (+$33.1M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.24% less ownership
Funds ownership: 0.96% → 0.72% (-0.24%)
4% less funds holding
Funds holding: 45 → 43 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Genesis Asset Managers
Guernsey, Channel Islands,
United Kingdom
|
+$10.4M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$3.75M |
| 3 |
JP Morgan Chase
New York
|
+$2.84M |
| 4 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
+$1.09M |
| 5 |
GRP
Geologic Resource Partners
Boston,
Massachusetts
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$5.31M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$2.02M |
| 3 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$925K |
| 4 |
Ninety One (UK)
London,
United Kingdom
|
-$577K |
| 5 |
VAM
Visium Asset Management
New York
|
-$481K |
PLG Hedge Fund Activity: Q1 2015 in Review
43 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Platinum Group Metals (PLG) for Q1 2015, worth a combined $308M — up 12% from $275M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PLG and 6 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 16 added.
The largest buyer was Genesis Asset Managers, adding an estimated $10.4M. The largest seller was Bank of Montreal, cutting an estimated $5.31M.
- 43 institutional investors held Platinum Group Metals (PLG) as of Q1 2015, down from 45 in Q4 2014.
- Funds reported $308M of Platinum Group Metals stock for Q1 2015, up 12% quarter-over-quarter.
- 6 funds opened new Platinum Group Metals positions in Q1 2015 and 8 closed out, a net change of -2 holders.
- The largest Platinum Group Metals buyer in Q1 2015 was Genesis Asset Managers, an estimated $10.4M added.
- The largest Platinum Group Metals seller in Q1 2015 was Bank of Montreal, an estimated $5.31M sold.
Based on aggregated 13F filings for Q1 2015.