Platinum Group Metals
PLG
43 hedge funds and large institutions have $145M invested in Platinum Group Metals in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 8 reducing their positions, and 4 closing their positions.
680% more capital inflows, than outflows
Capital inflows: $23M | Capital outflows: $2.95M
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
125% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 8
8% more funds holding
Funds holding: 40 → 43 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.98% less ownership
Funds ownership: 66.07% → 62.09% (-4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$7.69M |
| 2 |
BlackRock Advisors
Wilmington,
Delaware
|
+$4.19M |
| 3 |
United Services Automobile Association
San Antonio,
Texas
|
+$3.55M |
| 4 |
Donald Smith & Co
New York
|
+$2.96M |
| 5 |
Liberty Mutual Group Asset Management
Boston,
Massachusetts
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$2.18M |
| 2 |
Morgan Stanley
New York
|
-$327K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$251K |
| 4 |
Genesis Asset Managers
Guernsey, Channel Islands,
United Kingdom
|
-$51.4K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$44K |
PLG Hedge Fund Activity: Q4 2016 in Review
43 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Platinum Group Metals (PLG) for Q4 2016, worth a combined $145M — down 21% from $183M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PLG positions and 4 closed out — a net gain of 5 holders — while 18 added to existing stakes and 8 trimmed.
The largest buyer was Franklin Resources, adding an estimated $7.69M. The largest seller was Invesco, cutting an estimated $2.18M.
- 43 institutional investors held Platinum Group Metals (PLG) as of Q4 2016, up from 40 in Q3 2016.
- Funds reported $145M of Platinum Group Metals stock for Q4 2016, down 21% quarter-over-quarter.
- 9 funds opened new Platinum Group Metals positions in Q4 2016 and 4 closed out, a net change of +5 holders.
- The largest Platinum Group Metals buyer in Q4 2016 was Franklin Resources, an estimated $7.69M added.
- The largest Platinum Group Metals seller in Q4 2016 was Invesco, an estimated $2.18M sold.
Based on aggregated 13F filings for Q4 2016.