Platinum Group Metals
PLG
24 hedge funds and large institutions have $20.8M invested in Platinum Group Metals in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
38% more capital invested
Capital invested by funds: $15.1M → $20.8M (+$5.73M)
20% more funds holding
Funds holding: 20 → 24 (+4)
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
2% less ownership
Funds ownership: 34.43% → 32.44% (-2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$1.49M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$71K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$49.1K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$41.8K |
| 5 |
Renaissance Technologies
New York
|
+$39.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$426K |
| 2 |
DSC
Donald Smith & Co
New York
|
-$293K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.16K |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$3K |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$810 |
PLG Hedge Fund Activity: Q1 2019 in Review
24 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Platinum Group Metals (PLG) for Q1 2019, worth a combined $20.8M — up 38% from $15.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PLG positions and 2 closed out — a net gain of 4 holders — while 6 added to existing stakes and 5 trimmed.
The largest buyer was Franklin Resources, adding an estimated $1.49M. The largest seller was Sprott Inc, cutting an estimated $426K.
- 24 institutional investors held Platinum Group Metals (PLG) as of Q1 2019, up from 20 in Q4 2018.
- Funds reported $20.8M of Platinum Group Metals stock for Q1 2019, up 38% quarter-over-quarter.
- 6 funds opened new Platinum Group Metals positions in Q1 2019 and 2 closed out, a net change of +4 holders.
- The largest Platinum Group Metals buyer in Q1 2019 was Franklin Resources, an estimated $1.49M added.
- The largest Platinum Group Metals seller in Q1 2019 was Sprott Inc, an estimated $426K sold.
Based on aggregated 13F filings for Q1 2019.