Primero Mining Corp
PPP
PPP was delisted on the 14th of August, 2017.
51 hedge funds and large institutions have $22.4M invested in Primero Mining Corp in 2017 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 19 reducing their positions, and 12 closing their positions.
11% less funds holding
Funds holding: 57 → 51 (-6)
37% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 19
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
51% less capital invested
Capital invested by funds: $46.1M → $22.4M (-$23.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$758K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$344K |
| 3 |
Millennium Management
New York
|
+$161K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$50K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$43.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$6.06M |
| 2 |
Bank of New York Mellon
New York
|
-$1.53M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$517K |
| 4 |
D.E. Shaw & Co
New York
|
-$491K |
| 5 |
DSC
Donald Smith & Co
New York
|
-$406K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Vanguard Group
Malvern,
Pennsylvania
| – | -$17K | -31,354 | Closed |
|
52
Bank of Nova Scotia
Toronto,
Ontario, Canada
| – | -$17K | -30,697 | Closed |
|
53
Citadel Advisors
Miami,
Florida
| – | -$15K | -27,927 | Closed |
|
|
NEAM
54
New England Asset Management
Farmington,
Connecticut
| – | -$8K | -15,000 | Closed |
|
55
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$6K | -10,300 | Closed |
|
56
Zurich Cantonal Bank
Zurich,
Switzerland
| – | -$3K | -4,982 | Closed |
|
57
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$1.28K | -2,819 | -93% |
|
58
Wells Fargo
San Francisco,
California
| – | -$136 | -300 | -99% |
|
|
AG
59
Advisor Group
Phoenix,
Arizona
| – | +$181 | +400 | New |
|
60
UBS Group
Zurich,
Switzerland
| – | +$277 | +611 | New |
|
PPP Hedge Fund Activity: Q2 2017 in Review
51 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Primero Mining Corp (PPP) for Q2 2017, worth a combined $22.4M — down 51% from $46.1M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PPP and 6 opened new positions — a net loss of 6 holders — while 19 trimmed existing stakes and 12 added.
The largest buyer was Renaissance Technologies, adding an estimated $758K. The largest seller was VanEck Associates, cutting an estimated $6.06M.
- 51 institutional investors held Primero Mining Corp (PPP) as of Q2 2017, down from 57 in Q1 2017.
- Funds reported $22.4M of Primero Mining Corp stock for Q2 2017, down 51% quarter-over-quarter.
- 6 funds opened new Primero Mining Corp positions in Q2 2017 and 12 closed out, a net change of -6 holders.
- The largest Primero Mining Corp buyer in Q2 2017 was Renaissance Technologies, an estimated $758K added.
- The largest Primero Mining Corp seller in Q2 2017 was VanEck Associates, an estimated $6.06M sold.
Based on aggregated 13F filings for Q2 2017.