Primero Mining Corp
PPP
PPP was delisted on the 14th of August, 2017.
66 hedge funds and large institutions have $155M invested in Primero Mining Corp in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 26 increasing their positions, 23 reducing their positions, and 22 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 23
13% less capital invested
Capital invested by funds: $179M → $155M (-$23.8M)
20% less funds holding
Funds holding: 82 → 66 (-16)
71% less call options, than puts
Call options by funds: $70K | Put options by funds: $238K
73% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 22
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$18.1M |
| 2 |
Bank of New York Mellon
New York
|
+$4.35M |
| 3 |
DSC
Donald Smith & Co
New York
|
+$4.28M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.25M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$858K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$2.89M |
| 2 |
SVG
Sun Valley Gold
Sun Valley,
Idaho
|
-$2.75M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.93M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$1.64M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$81.3K | -42,418 | Closed |
|
77
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| – | -$71K | -34,100 | Closed |
|
|
QC
78
QCM Cayman
Houston,
Texas
| – | -$49K | -23,700 | Closed |
|
|
PAMP
79
Polar Asset Management Partners
Toronto,
Ontario, Canada
| – | -$47K | -22,474 | Closed |
|
|
ACI
80
AMP Capital Investors
Sydney,
Australia
| – | -$42K | -20,600 | Closed |
|
81
Wolverine Trading
Chicago,
Illinois
| – | -$38K | -18,300 | Closed |
|
|
PP
82
Paloma Partners
Greenwich,
Connecticut
| – | -$36K | -17,517 | Closed |
|
83
Millennium Management
New York
| – | -$35K | -16,935 | Closed |
|
84
Barclays
London,
United Kingdom
| – | -$25K | -12,089 | Closed |
|
|
CG
85
Cutler Group
San Francisco,
California
| – | -$5.22K | -2,724 | -93% |
|
|
AF
86
Arrow Financial
Glens Falls,
New York
| – | -$2.23K | -1,163 | -100% |
|
|
CTC
87
Central Trust Company
Jefferson City,
Missouri
| – | +$959 | +500 | New |
|
PPP Hedge Fund Activity: Q3 2016 in Review
66 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Primero Mining Corp (PPP) for Q3 2016, worth a combined $155M — down 13% from $179M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of PPP and 6 opened new positions — a net loss of 16 holders — while 23 trimmed existing stakes and 26 added.
The largest buyer was VanEck Associates, adding an estimated $18.1M. The largest seller was Sentry Investments, cutting an estimated $2.89M.
- 66 institutional investors held Primero Mining Corp (PPP) as of Q3 2016, down from 82 in Q2 2016.
- Funds reported $155M of Primero Mining Corp stock for Q3 2016, down 13% quarter-over-quarter.
- 6 funds opened new Primero Mining Corp positions in Q3 2016 and 22 closed out, a net change of -16 holders.
- The largest Primero Mining Corp buyer in Q3 2016 was VanEck Associates, an estimated $18.1M added.
- The largest Primero Mining Corp seller in Q3 2016 was Sentry Investments, an estimated $2.89M sold.
Based on aggregated 13F filings for Q3 2016.