Primero Mining Corp
PPP
PPP was delisted on the 14th of August, 2017.
74 hedge funds and large institutions have $616M invested in Primero Mining Corp in 2014 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 32 increasing their positions, 9 reducing their positions, and 12 closing their positions.
256% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 9
238% more capital invested
Capital invested by funds: $182M → $616M (+$433M)
100% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 12
19% more funds holding
Funds holding: 62 → 74 (+12)
43% less call options, than puts
Call options by funds: $898K | Put options by funds: $1.57M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$64.8M |
| 2 |
TAM
Tocqueville Asset Management
New York
|
+$44.1M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$37.5M |
| 4 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
+$25.8M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$15.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$2.62M |
| 2 |
QBFM
QS Batterymarch Financial Management
New York
|
-$2.15M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.04M |
| 4 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$1.88M |
| 5 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$1.81M |
PPP Hedge Fund Activity: Q1 2014 in Review
74 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Primero Mining Corp (PPP) for Q1 2014, worth a combined $616M — up 238% from $182M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new PPP positions and 12 closed out — a net gain of 12 holders — while 32 added to existing stakes and 9 trimmed.
The largest buyer was VanEck Associates, adding an estimated $64.8M. The largest seller was Canada Pension Plan Investment Board, cutting an estimated $2.62M.
- 74 institutional investors held Primero Mining Corp (PPP) as of Q1 2014, up from 62 in Q4 2013.
- Funds reported $616M of Primero Mining Corp stock for Q1 2014, up 238% quarter-over-quarter.
- 24 funds opened new Primero Mining Corp positions in Q1 2014 and 12 closed out, a net change of +12 holders.
- The largest Primero Mining Corp buyer in Q1 2014 was VanEck Associates, an estimated $64.8M added.
- The largest Primero Mining Corp seller in Q1 2014 was Canada Pension Plan Investment Board, an estimated $2.62M sold.
Based on aggregated 13F filings for Q1 2014.