Primero Mining Corp
PPP
PPP was delisted on the 14th of August, 2017.
90 hedge funds and large institutions have $487M invested in Primero Mining Corp in 2014 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 30 increasing their positions, 30 reducing their positions, and 12 closing their positions.
2,786% more call options, than puts
Call options by funds: $4.16M | Put options by funds: $144K
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
6% more funds holding
Funds holding: 85 → 90 (+5)
0% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 30
41% less capital invested
Capital invested by funds: $829M → $487M (-$342M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$25.1M |
| 2 |
VanEck Associates
New York
|
+$13.1M |
| 3 |
TAM
Tocqueville Asset Management
New York
|
+$5.72M |
| 4 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
+$2.94M |
| 5 |
LOAMS
Lombard Odier Asset Management (Switzerland)
Petit-Lancy,
Switzerland
|
+$2.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$31M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$26.4M |
| 3 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$7.35M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$3.35M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$3.23M |
PPP Hedge Fund Activity: Q3 2014 in Review
90 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Primero Mining Corp (PPP) for Q3 2014, worth a combined $487M — down 41% from $829M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PPP positions and 12 closed out — a net gain of 5 holders — while 30 added to existing stakes and 30 trimmed.
The largest buyer was Fiera Capital (Canada), adding an estimated $25.1M. The largest seller was Fidelity Investments, cutting an estimated $31M.
- 90 institutional investors held Primero Mining Corp (PPP) as of Q3 2014, up from 85 in Q2 2014.
- Funds reported $487M of Primero Mining Corp stock for Q3 2014, down 41% quarter-over-quarter.
- 17 funds opened new Primero Mining Corp positions in Q3 2014 and 12 closed out, a net change of +5 holders.
- The largest Primero Mining Corp buyer in Q3 2014 was Fiera Capital (Canada), an estimated $25.1M added.
- The largest Primero Mining Corp seller in Q3 2014 was Fidelity Investments, an estimated $31M sold.
Based on aggregated 13F filings for Q3 2014.