Primero Mining Corp
PPP
PPP was delisted on the 14th of August, 2017.
85 hedge funds and large institutions have $372M invested in Primero Mining Corp in 2014 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 28 reducing their positions, and 13 closing their positions.
18,180% more call options, than puts
Call options by funds: $1.83M | Put options by funds: $10K
7% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 28
6% less funds holding
Funds holding: 90 → 85 (-5)
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
24% less capital invested
Capital invested by funds: $487M → $372M (-$115M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$7.99M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.6M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$3.52M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$2.61M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$2.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$20M |
| 2 |
TAM
Tocqueville Asset Management
New York
|
-$8.02M |
| 3 |
AC
Addenda Capital
Montreal,
Quebec, Canada
|
-$7.89M |
| 4 |
Renaissance Technologies
New York
|
-$3.93M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.92M |
PPP Hedge Fund Activity: Q4 2014 in Review
85 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Primero Mining Corp (PPP) for Q4 2014, worth a combined $372M — down 24% from $487M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PPP and 11 opened new positions — a net loss of 2 holders — while 28 trimmed existing stakes and 30 added.
The largest buyer was Fiera Capital (Canada), adding an estimated $7.99M. The largest seller was VanEck Associates, cutting an estimated $20M.
- 85 institutional investors held Primero Mining Corp (PPP) as of Q4 2014, down from 90 in Q3 2014.
- Funds reported $372M of Primero Mining Corp stock for Q4 2014, down 24% quarter-over-quarter.
- 11 funds opened new Primero Mining Corp positions in Q4 2014 and 13 closed out, a net change of -2 holders.
- The largest Primero Mining Corp buyer in Q4 2014 was Fiera Capital (Canada), an estimated $7.99M added.
- The largest Primero Mining Corp seller in Q4 2014 was VanEck Associates, an estimated $20M sold.
Based on aggregated 13F filings for Q4 2014.