Silver Standard Resources
SSRI
SSRI was delisted on the 2nd of August, 2017.
103 hedge funds and large institutions have $327M invested in Silver Standard Resources in 2013 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 38 increasing their positions, 31 reducing their positions, and 11 closing their positions.
64% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 11
23% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 31
6% more funds holding
Funds holding: 97 → 103 (+6)
38% less capital invested
Capital invested by funds: $525M → $327M (-$198M)
61% less call options, than puts
Call options by funds: $6.18M | Put options by funds: $15.9M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$8.17M |
| 2 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$2.93M |
| 3 |
Goldman Sachs
New York
|
+$2.88M |
| 4 |
BCMU
BlueCrest Capital Management (UK)
St. Peter Port,
Guernsey
|
+$2.25M |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$2.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$44.6M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$15.6M |
| 3 |
RA
Royce & Associates
New York
|
-$7.03M |
| 4 |
TGI
Tradewinds Global Investors
Los Angeles,
California
|
-$5.07M |
| 5 |
Citigroup
New York
|
-$3.5M |
SSRI Hedge Fund Activity: Q3 2013 in Review
103 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Silver Standard Resources (SSRI) for Q3 2013, worth a combined $327M — down 38% from $525M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SSRI positions and 11 closed out — a net gain of 7 holders — while 38 added to existing stakes and 31 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $8.17M. The largest seller was VanEck Associates, cutting an estimated $44.6M.
- 103 institutional investors held Silver Standard Resources (SSRI) as of Q3 2013, up from 97 in Q2 2013.
- Funds reported $327M of Silver Standard Resources stock for Q3 2013, down 38% quarter-over-quarter.
- 18 funds opened new Silver Standard Resources positions in Q3 2013 and 11 closed out, a net change of +7 holders.
- The largest Silver Standard Resources buyer in Q3 2013 was D.E. Shaw & Co, an estimated $8.17M added.
- The largest Silver Standard Resources seller in Q3 2013 was VanEck Associates, an estimated $44.6M sold.
Based on aggregated 13F filings for Q3 2013.