Platinum Group Metals
PLG
41 hedge funds and large institutions have $77.7M invested in Platinum Group Metals in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 7 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
0.04% less ownership
Funds ownership: 6.3% → 6.26% (-0.04%)
7% less funds holding
Funds holding: 44 → 41 (-3)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
43% less capital invested
Capital invested by funds: $137M → $77.7M (-$59.6M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$3.83M |
| 2 |
DSC
Donald Smith & Co
New York
|
+$2.92M |
| 3 |
RL
Ruffer LLP
London,
United Kingdom
|
+$1.79M |
| 4 |
CC
CQS Cayman
Camana Bay, Grand Cayman,
Cayman Islands
|
+$1.3M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$893K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Raffles Associates
New York
|
-$864K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$160K |
| 3 |
BlackRock
New York
|
-$109K |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$90.7K |
| 5 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$66K |
PLG Hedge Fund Activity: Q2 2017 in Review
41 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Platinum Group Metals (PLG) for Q2 2017, worth a combined $77.7M — down 43% from $137M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PLG and 5 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 13 added.
The largest buyer was Franklin Resources, adding an estimated $3.83M. The largest seller was Raffles Associates, exiting entirely with an estimated $864K sold.
- 41 institutional investors held Platinum Group Metals (PLG) as of Q2 2017, down from 44 in Q1 2017.
- Funds reported $77.7M of Platinum Group Metals stock for Q2 2017, down 43% quarter-over-quarter.
- 5 funds opened new Platinum Group Metals positions in Q2 2017 and 7 closed out, a net change of -2 holders.
- The largest Platinum Group Metals buyer in Q2 2017 was Franklin Resources, an estimated $3.83M added.
- The largest Platinum Group Metals seller in Q2 2017 was Raffles Associates, an estimated $864K sold.
Based on aggregated 13F filings for Q2 2017.