Platinum Group Metals
PLG
35 hedge funds and large institutions have $37.1M invested in Platinum Group Metals in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 7 closing their positions.
0.16% less ownership
Funds ownership: 6.26% → 6.1% (-0.16%)
15% less funds holding
Funds holding: 41 → 35 (-6)
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
52% less capital invested
Capital invested by funds: $77.7M → $37.1M (-$40.6M)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$315K |
| 2 |
VF
Virtu Financial
New York
|
+$20.5K |
| 3 |
Bank of New York Mellon
New York
|
+$20.1K |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$18K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$10.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
CQS Cayman
Camana Bay, Grand Cayman,
Cayman Islands
|
-$639K |
| 2 |
BlackRock
New York
|
-$286K |
| 3 |
DSC
Donald Smith & Co
New York
|
-$275K |
| 4 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
-$150K |
| 5 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$137K |
PLG Hedge Fund Activity: Q3 2017 in Review
35 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Platinum Group Metals (PLG) for Q3 2017, worth a combined $37.1M — down 52% from $77.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PLG and 2 opened new positions — a net loss of 5 holders — while 11 trimmed existing stakes and 6 added.
The largest buyer was Morgan Stanley, adding an estimated $315K. The largest seller was CQS Cayman, cutting an estimated $639K.
- 35 institutional investors held Platinum Group Metals (PLG) as of Q3 2017, down from 41 in Q2 2017.
- Funds reported $37.1M of Platinum Group Metals stock for Q3 2017, down 52% quarter-over-quarter.
- 2 funds opened new Platinum Group Metals positions in Q3 2017 and 7 closed out, a net change of -5 holders.
- The largest Platinum Group Metals buyer in Q3 2017 was Morgan Stanley, an estimated $315K added.
- The largest Platinum Group Metals seller in Q3 2017 was CQS Cayman, an estimated $639K sold.
Based on aggregated 13F filings for Q3 2017.