Platinum Group Metals
PLG
40 hedge funds and large institutions have $183M invested in Platinum Group Metals in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 9 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.15% less ownership
Funds ownership: 6.76% → 6.61% (-0.15%)
5% less funds holding
Funds holding: 42 → 40 (-2)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
17% less capital invested
Capital invested by funds: $220M → $183M (-$36.5M)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$3.85M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$932K |
| 3 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$596K |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$447K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$178K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$3.81M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$2.42M |
| 3 |
GAM
Genesis Asset Managers
Guernsey, Channel Islands,
United Kingdom
|
-$2.33M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$872K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$450K |
PLG Hedge Fund Activity: Q3 2016 in Review
40 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Platinum Group Metals (PLG) for Q3 2016, worth a combined $183M — down 17% from $220M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PLG and 7 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 9 added.
The largest buyer was BlackRock Advisors, adding an estimated $3.85M. The largest seller was OppenheimerFunds, exiting entirely with an estimated $3.81M sold.
- 40 institutional investors held Platinum Group Metals (PLG) as of Q3 2016, down from 42 in Q2 2016.
- Funds reported $183M of Platinum Group Metals stock for Q3 2016, down 17% quarter-over-quarter.
- 7 funds opened new Platinum Group Metals positions in Q3 2016 and 9 closed out, a net change of -2 holders.
- The largest Platinum Group Metals buyer in Q3 2016 was BlackRock Advisors, an estimated $3.85M added.
- The largest Platinum Group Metals seller in Q3 2016 was OppenheimerFunds, an estimated $3.81M sold.
Based on aggregated 13F filings for Q3 2016.