Primero Mining Corp
PPP
PPP was delisted on the 14th of August, 2017.
85 hedge funds and large institutions have $829M invested in Primero Mining Corp in 2014 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 26 increasing their positions, 26 reducing their positions, and 11 closing their positions.
683% more call options, than puts
Call options by funds: $7.72M | Put options by funds: $985K
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
100% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 11
35% more capital invested
Capital invested by funds: $616M → $829M (+$214M)
15% more funds holding
Funds holding: 74 → 85 (+11)
0% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$75.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$34.4M |
| 3 |
TAM
Tocqueville Asset Management
New York
|
+$26.1M |
| 4 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
+$9.84M |
| 5 |
AC
Addenda Capital
Montreal,
Quebec, Canada
|
+$8.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$33.2M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$7.78M |
| 3 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$6.82M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$5.34M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$4.63M |
PPP Hedge Fund Activity: Q2 2014 in Review
85 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Primero Mining Corp (PPP) for Q2 2014, worth a combined $829M — up 35% from $616M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new PPP positions and 11 closed out — a net gain of 11 holders — while 26 added to existing stakes and 26 trimmed.
The largest buyer was VanEck Associates, adding an estimated $75.2M. The largest seller was Fiera Capital (Canada), cutting an estimated $33.2M.
- 85 institutional investors held Primero Mining Corp (PPP) as of Q2 2014, up from 74 in Q1 2014.
- Funds reported $829M of Primero Mining Corp stock for Q2 2014, up 35% quarter-over-quarter.
- 22 funds opened new Primero Mining Corp positions in Q2 2014 and 11 closed out, a net change of +11 holders.
- The largest Primero Mining Corp buyer in Q2 2014 was VanEck Associates, an estimated $75.2M added.
- The largest Primero Mining Corp seller in Q2 2014 was Fiera Capital (Canada), an estimated $33.2M sold.
Based on aggregated 13F filings for Q2 2014.