PolyMet Mining Corp.
PLM
PLM was delisted on the 6th of November, 2023.
79 hedge funds and large institutions have $17.2M invested in PolyMet Mining Corp. in 2023 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 19 increasing their positions, 25 reducing their positions, and 9 closing their positions.
258% more capital invested
Capital invested by funds: $4.81M → $17.2M (+$12.4M)
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
7% more funds holding
Funds holding: 74 → 79 (+5)
24% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EFI
EHP Funds Inc
Toronto,
Canada
|
+$2.21M |
| 2 |
CM
Crystalline Management
Montreal, Quebec,
Canada
|
+$1.09M |
| 3 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
+$788K |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
+$527K |
| 5 |
Morgan Stanley
New York
|
+$453K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$332K |
| 2 |
Millennium Management
New York
|
-$195K |
| 3 |
US Bancorp
Minneapolis,
Minnesota
|
-$161K |
| 4 |
State Street
Boston,
Massachusetts
|
-$138K |
| 5 |
HWM
HighMark Wealth Management
St. Paul,
Minnesota
|
-$138K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
76
Blume Capital Management
Berkeley,
California
| $416 | – | – | – |
|
|
AF
77
Advisornet Financial
Minnetonka,
Minnesota
| $208 | – | – | – |
|
|
HI
78
Harbour Investments
Madison,
Wisconsin
| $208 | – | – | – |
|
79
Citigroup
New York
| $126 | -$21K | -10,156 | -99% |
|
|
YIH
80
Y-Intercept (HK)
Hong Kong
| – | -$87.8K | -111,179 | Closed |
|
81
Jane Street
New York
| – | -$31.4K | -39,729 | Closed |
|
82
Two Sigma Advisers
New York
| – | -$24.4K | -30,910 | Closed |
|
83
Squarepoint
New York
| – | -$18.2K | -23,018 | Closed |
|
|
NP
84
NorthRock Partners
Minneapolis,
Minnesota
| – | -$15.2K | -19,361 | Closed |
|
|
BTI
85
Blue Trust Inc
Alpharetta,
Georgia
| – | -$32K | -14,877 | Closed |
|
|
CAN
86
Cetera Advisor Networks
El Segundo,
California
| – | -$10.3K | -13,101 | Closed |
|
87
T. Rowe Price Associates
Baltimore,
Maryland
| – | -$9K | -11,108 | Closed |
|
|
FA
88
Fiduciary Alliance
Greenville,
South Carolina
| – | -$2.87K | -3,630 | Closed |
|
PLM Hedge Fund Activity: Q3 2023 in Review
79 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in PolyMet Mining Corp. (PLM) for Q3 2023, worth a combined $17.2M — up 258% from $4.81M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PLM positions and 9 closed out — a net gain of 7 holders — while 19 added to existing stakes and 25 trimmed.
The largest buyer was EHP Funds Inc, opening a new position worth an estimated $2.21M. The largest seller was BlackRock, cutting an estimated $332K.
- 79 institutional investors held PolyMet Mining Corp. (PLM) as of Q3 2023, up from 74 in Q2 2023.
- Funds reported $17.2M of PolyMet Mining Corp. stock for Q3 2023, up 258% quarter-over-quarter.
- 16 funds opened new PolyMet Mining Corp. positions in Q3 2023 and 9 closed out, a net change of +7 holders.
- The largest PolyMet Mining Corp. buyer in Q3 2023 was EHP Funds Inc, an estimated $2.21M added.
- The largest PolyMet Mining Corp. seller in Q3 2023 was BlackRock, an estimated $332K sold.
Based on aggregated 13F filings for Q3 2023.