Primero Mining Corp
PPP
PPP was delisted on the 14th of August, 2017.
83 hedge funds and large institutions have $380M invested in Primero Mining Corp in 2015 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 35 reducing their positions, and 11 closing their positions.
152% more call options, than puts
Call options by funds: $607K | Put options by funds: $241K
2% more capital invested
Capital invested by funds: $372M → $380M (+$8.28M)
2% less funds holding
Funds holding: 85 → 83 (-2)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
20% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$15.6M |
| 2 |
VanEck Associates
New York
|
+$14.7M |
| 3 |
O
OppenheimerFunds
New York
|
+$10.3M |
| 4 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
+$7.11M |
| 5 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
+$5.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
-$11.9M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$5.13M |
| 3 |
Renaissance Technologies
New York
|
-$2.05M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.24M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$781K |
PPP Hedge Fund Activity: Q1 2015 in Review
83 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Primero Mining Corp (PPP) for Q1 2015, worth a combined $380M — up 2.2% from $372M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PPP and 9 opened new positions — a net loss of 2 holders — while 35 trimmed existing stakes and 28 added.
The largest buyer was Bank of Montreal, adding an estimated $15.6M. The largest seller was Tocqueville Asset Management, cutting an estimated $11.9M.
- 83 institutional investors held Primero Mining Corp (PPP) as of Q1 2015, down from 85 in Q4 2014.
- Funds reported $380M of Primero Mining Corp stock for Q1 2015, up 2.2% quarter-over-quarter.
- 9 funds opened new Primero Mining Corp positions in Q1 2015 and 11 closed out, a net change of -2 holders.
- The largest Primero Mining Corp buyer in Q1 2015 was Bank of Montreal, an estimated $15.6M added.
- The largest Primero Mining Corp seller in Q1 2015 was Tocqueville Asset Management, an estimated $11.9M sold.
Based on aggregated 13F filings for Q1 2015.