Paramount Gold Nevada
PZG
66 hedge funds and large institutions have $30.6M invested in Paramount Gold Nevada in 2014 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 29 closing their positions.
6% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 18
3.91% less ownership
Funds ownership: 24.13% → 20.22% (-3.9%)
20% less funds holding
Funds holding: 82 → 66 (-16)
34% less capital invested
Capital invested by funds: $46.2M → $30.6M (-$15.7M)
55% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 29
98% less call options, than puts
Call options by funds: $6K | Put options by funds: $301K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$1.67M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$868K |
| 3 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$574K |
| 4 |
LP
LMR Partners
London,
United Kingdom
|
+$473K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$440K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$3.95M |
| 2 |
State Street
Boston,
Massachusetts
|
-$2.13M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.7M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
-$607K |
| 5 |
Bank of New York Mellon
New York
|
-$567K |
PZG Hedge Fund Activity: Q2 2014 in Review
66 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Paramount Gold Nevada (PZG) for Q2 2014, worth a combined $30.6M — down 34% from $46.2M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of PZG and 13 opened new positions — a net loss of 16 holders — while 18 trimmed existing stakes and 17 added.
The largest buyer was VanEck Associates, adding an estimated $1.67M. The largest seller was BlackRock Fund Advisors, cutting an estimated $3.95M.
- 66 institutional investors held Paramount Gold Nevada (PZG) as of Q2 2014, down from 82 in Q1 2014.
- Funds reported $30.6M of Paramount Gold Nevada stock for Q2 2014, down 34% quarter-over-quarter.
- 13 funds opened new Paramount Gold Nevada positions in Q2 2014 and 29 closed out, a net change of -16 holders.
- The largest Paramount Gold Nevada buyer in Q2 2014 was VanEck Associates, an estimated $1.67M added.
- The largest Paramount Gold Nevada seller in Q2 2014 was BlackRock Fund Advisors, an estimated $3.95M sold.
Based on aggregated 13F filings for Q2 2014.