Platinum Group Metals
PLG
43 hedge funds and large institutions have $24.1M invested in Platinum Group Metals in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
13% more funds holding
Funds holding: 38 → 43 (+5)
0.21% less ownership
Funds ownership: 17.04% → 16.84% (-0.21%)
18% less call options, than puts
Call options by funds: $321K | Put options by funds: $391K
18% less capital invested
Capital invested by funds: $29.4M → $24.1M (-$5.27M)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$326K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$107K |
| 3 |
Group One Trading
Chicago,
Illinois
|
+$88.8K |
| 4 |
AWS
Atria Wealth Solutions
New York
|
+$55.4K |
| 5 |
VF
Virtu Financial
New York
|
+$30K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$303K |
| 2 |
Two Sigma Investments
New York
|
-$125K |
| 3 |
Millennium Management
New York
|
-$107K |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$61.3K |
| 5 |
Two Sigma Advisers
New York
|
-$47K |
PLG Hedge Fund Activity: Q1 2023 in Review
43 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Platinum Group Metals (PLG) for Q1 2023, worth a combined $24.1M — down 18% from $29.4M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PLG positions and 5 closed out — a net gain of 5 holders — while 5 added to existing stakes and 7 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $326K. The largest seller was Franklin Resources, cutting an estimated $303K.
- 43 institutional investors held Platinum Group Metals (PLG) as of Q1 2023, up from 38 in Q4 2022.
- Funds reported $24.1M of Platinum Group Metals stock for Q1 2023, down 18% quarter-over-quarter.
- 10 funds opened new Platinum Group Metals positions in Q1 2023 and 5 closed out, a net change of +5 holders.
- The largest Platinum Group Metals buyer in Q1 2023 was Citadel Advisors, an estimated $326K added.
- The largest Platinum Group Metals seller in Q1 2023 was Franklin Resources, an estimated $303K sold.
Based on aggregated 13F filings for Q1 2023.