Silver Standard Resources
SSRI
SSRI was delisted on the 2nd of August, 2017.
111 hedge funds and large institutions have $702M invested in Silver Standard Resources in 2016 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 43 increasing their positions, 35 reducing their positions, and 22 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
23% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 35
2% more call options, than puts
Call options by funds: $19.5M | Put options by funds: $19.2M
0% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 22
1% less funds holding
Funds holding: 112 → 111 (-1)
4% less capital invested
Capital invested by funds: $729M → $702M (-$27.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$55.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$19.3M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$12.6M |
| 4 |
D.E. Shaw & Co
New York
|
+$8.33M |
| 5 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$7.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SVG
Sun Valley Gold
Sun Valley,
Idaho
|
-$17.5M |
| 2 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
-$17.2M |
| 3 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$10.8M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$10.3M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$7.37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
126
HBK Investments
Dallas,
Texas
| – | -$353K | -27,200 | Closed |
|
|
PI
127
PineBridge Investments
New York
| – | -$433K | -25,794 | Closed |
|
128
JP Morgan Chase
New York
| – | -$282K | -20,880 | Closed |
|
129
LPL Financial
San Diego,
California
| – | -$301K | -20,354 | Closed |
|
130
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$160K | -12,348 | Closed |
|
131
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$49K | -3,788 | Closed |
|
|
MWM
132
MinichMacGregor Wealth Management
Saratoga Springs,
New York
| – | -$11K | -877 | Closed |
|
|
BCMIO
133
Beacon Capital Management Inc (Ohio)
Dayton,
Ohio
| – | -$8K | -600 | Closed |
|
SSRI Hedge Fund Activity: Q3 2016 in Review
111 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Silver Standard Resources (SSRI) for Q3 2016, worth a combined $702M — down 3.7% from $729M a quarter earlier.
Fund positioning in SSRI was balanced in Q3 2016: 22 funds opened new positions, 22 closed out, 43 added to existing stakes and 35 trimmed.
The largest buyer was VanEck Associates, adding an estimated $55.6M. The largest seller was Sun Valley Gold, cutting an estimated $17.5M.
- 111 institutional investors held Silver Standard Resources (SSRI) as of Q3 2016, down from 112 in Q2 2016.
- Funds reported $702M of Silver Standard Resources stock for Q3 2016, down 3.7% quarter-over-quarter.
- 22 funds opened new Silver Standard Resources positions in Q3 2016 and 22 closed out, a net change of 0 holders.
- The largest Silver Standard Resources buyer in Q3 2016 was VanEck Associates, an estimated $55.6M added.
- The largest Silver Standard Resources seller in Q3 2016 was Sun Valley Gold, an estimated $17.5M sold.
Based on aggregated 13F filings for Q3 2016.