Primero Mining Corp
PPP
PPP was delisted on the 14th of August, 2017.
62 hedge funds and large institutions have $182M invested in Primero Mining Corp in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 23 reducing their positions, and 9 closing their positions.
64% more call options, than puts
Call options by funds: $36K | Put options by funds: $22K
9% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 23
2% less funds holding
Funds holding: 63 → 62 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
22% less capital invested
Capital invested by funds: $234M → $182M (-$51.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
+$21.3M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$10.1M |
| 3 |
VanEck Associates
New York
|
+$6.39M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$5.67M |
| 5 |
NEI
Northwest & Ethical Investments
Toronto,
Ontario, Canada
|
+$2.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
-$22.5M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$15.6M |
| 3 |
SVG
Sun Valley Gold
Sun Valley,
Idaho
|
-$5.86M |
| 4 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$3.99M |
| 5 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$3.02M |
PPP Hedge Fund Activity: Q4 2013 in Review
62 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Primero Mining Corp (PPP) for Q4 2013, worth a combined $182M — down 22% from $234M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PPP and 8 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 21 added.
The largest buyer was Montrusco Bolton Investments, opening a new position worth an estimated $21.3M. The largest seller was Tocqueville Asset Management, cutting an estimated $22.5M.
- 62 institutional investors held Primero Mining Corp (PPP) as of Q4 2013, down from 63 in Q3 2013.
- Funds reported $182M of Primero Mining Corp stock for Q4 2013, down 22% quarter-over-quarter.
- 8 funds opened new Primero Mining Corp positions in Q4 2013 and 9 closed out, a net change of -1 holder.
- The largest Primero Mining Corp buyer in Q4 2013 was Montrusco Bolton Investments, an estimated $21.3M added.
- The largest Primero Mining Corp seller in Q4 2013 was Tocqueville Asset Management, an estimated $22.5M sold.
Based on aggregated 13F filings for Q4 2013.