Primero Mining Corp
PPP
PPP was delisted on the 14th of August, 2017.
82 hedge funds and large institutions have $179M invested in Primero Mining Corp in 2016 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 31 increasing their positions, 18 reducing their positions, and 20 closing their positions.
72% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 18
10% more capital invested
Capital invested by funds: $162M → $179M (+$16.8M)
2% less funds holding
Funds holding: 84 → 82 (-2)
10% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 20
93% less call options, than puts
Call options by funds: $51K | Put options by funds: $693K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
+$24.2M |
| 2 |
Bank of New York Mellon
New York
|
+$5.52M |
| 3 |
VanEck Associates
New York
|
+$3.97M |
| 4 |
MTB
Mizuho Trust & Banking
Tokyo,
Japan
|
+$3.27M |
| 5 |
Jane Street
New York
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
-$13.5M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$11.6M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$9.59M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.06M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$2.05M |
PPP Hedge Fund Activity: Q2 2016 in Review
82 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Primero Mining Corp (PPP) for Q2 2016, worth a combined $179M — up 10% from $162M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of PPP and 18 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 31 added.
The largest buyer was Donald Smith & Co, adding an estimated $24.2M. The largest seller was Montrusco Bolton Investments, cutting an estimated $13.5M.
- 82 institutional investors held Primero Mining Corp (PPP) as of Q2 2016, down from 84 in Q1 2016.
- Funds reported $179M of Primero Mining Corp stock for Q2 2016, up 10% quarter-over-quarter.
- 18 funds opened new Primero Mining Corp positions in Q2 2016 and 20 closed out, a net change of -2 holders.
- The largest Primero Mining Corp buyer in Q2 2016 was Donald Smith & Co, an estimated $24.2M added.
- The largest Primero Mining Corp seller in Q2 2016 was Montrusco Bolton Investments, an estimated $13.5M sold.
Based on aggregated 13F filings for Q2 2016.