Platinum Group Metals
PLG
42 hedge funds and large institutions have $220M invested in Platinum Group Metals in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
11% more funds holding
Funds holding: 38 → 42 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.24% less ownership
Funds ownership: 7% → 6.76% (-0.24%)
2% less capital invested
Capital invested by funds: $225M → $220M (-$5.45M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$5.49M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$5.43M |
| 3 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$4.66M |
| 4 |
RA
Raffles Associates
New York
|
+$1.71M |
| 5 |
O
OppenheimerFunds
New York
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$1.95M |
| 2 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$809K |
| 3 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
-$707K |
| 4 |
Renaissance Technologies
New York
|
-$426K |
| 5 |
BlackRock
New York
|
-$197K |
PLG Hedge Fund Activity: Q2 2016 in Review
42 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Platinum Group Metals (PLG) for Q2 2016, worth a combined $220M — down 2.4% from $225M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PLG positions and 5 closed out — a net gain of 4 holders — while 14 added to existing stakes and 8 trimmed.
The largest buyer was BlackRock Advisors, adding an estimated $5.49M. The largest seller was Capital Research Global Investors, cutting an estimated $1.95M.
- 42 institutional investors held Platinum Group Metals (PLG) as of Q2 2016, up from 38 in Q1 2016.
- Funds reported $220M of Platinum Group Metals stock for Q2 2016, down 2.4% quarter-over-quarter.
- 9 funds opened new Platinum Group Metals positions in Q2 2016 and 5 closed out, a net change of +4 holders.
- The largest Platinum Group Metals buyer in Q2 2016 was BlackRock Advisors, an estimated $5.49M added.
- The largest Platinum Group Metals seller in Q2 2016 was Capital Research Global Investors, an estimated $1.95M sold.
Based on aggregated 13F filings for Q2 2016.