Platinum Group Metals
PLG
44 hedge funds and large institutions have $134M invested in Platinum Group Metals in 2015 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 8 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
0.05% less ownership
Funds ownership: 0.74% → 0.69% (-0.05%)
2% less funds holding
Funds holding: 45 → 44 (-1)
25% less capital invested
Capital invested by funds: $178M → $134M (-$44.7M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$5.2M |
| 2 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$1.1M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$985K |
| 4 |
LMGAM
Liberty Mutual Group Asset Management
Boston,
Massachusetts
|
+$769K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$480K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$7.54M |
| 2 |
GAM
Genesis Asset Managers
Guernsey, Channel Islands,
United Kingdom
|
-$2.27M |
| 3 |
Jennison Associates
New York
|
-$1.79M |
| 4 |
JP Morgan Chase
New York
|
-$1.54M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$314K |
PLG Hedge Fund Activity: Q4 2015 in Review
44 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Platinum Group Metals (PLG) for Q4 2015, worth a combined $134M — down 25% from $178M a quarter earlier.
Fund positioning in PLG was balanced in Q4 2015: 8 funds opened new positions, 8 closed out, 13 added to existing stakes and 10 trimmed.
The largest buyer was Franklin Resources, adding an estimated $5.2M. The largest seller was T. Rowe Price Associates, exiting entirely with an estimated $7.54M sold.
- 44 institutional investors held Platinum Group Metals (PLG) as of Q4 2015, down from 45 in Q3 2015.
- Funds reported $134M of Platinum Group Metals stock for Q4 2015, down 25% quarter-over-quarter.
- 8 funds opened new Platinum Group Metals positions in Q4 2015 and 8 closed out, a net change of 0 holders.
- The largest Platinum Group Metals buyer in Q4 2015 was Franklin Resources, an estimated $5.2M added.
- The largest Platinum Group Metals seller in Q4 2015 was T. Rowe Price Associates, an estimated $7.54M sold.
Based on aggregated 13F filings for Q4 2015.