Silver Standard Resources
SSRI
SSRI was delisted on the 2nd of August, 2017.
103 hedge funds and large institutions have $242M invested in Silver Standard Resources in 2016 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 41 increasing their positions, 23 reducing their positions, and 21 closing their positions.
78% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 23
36% more capital invested
Capital invested by funds: $178M → $242M (+$63.5M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 104 → 103 (-1)
5% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 21
5% less call options, than puts
Call options by funds: $3.37M | Put options by funds: $3.56M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SVG
Sun Valley Gold
Sun Valley,
Idaho
|
+$10.5M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$10M |
| 3 |
Renaissance Technologies
New York
|
+$7.41M |
| 4 |
VanEck Associates
New York
|
+$3.75M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
-$4.61M |
| 2 |
ARTA
A.R.T. Advisors
New York
|
-$1.46M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$1.36M |
| 4 |
Ninety One (UK)
London,
United Kingdom
|
-$1.29M |
| 5 |
AFM
Anson Funds Management
Dallas,
Texas
|
-$1.01M |
SSRI Hedge Fund Activity: Q1 2016 in Review
103 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Silver Standard Resources (SSRI) for Q1 2016, worth a combined $242M — up 36% from $178M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of SSRI and 20 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 41 added.
The largest buyer was Sun Valley Gold, adding an estimated $10.5M. The largest seller was Kopernik Global Investors, cutting an estimated $4.61M.
- 103 institutional investors held Silver Standard Resources (SSRI) as of Q1 2016, down from 104 in Q4 2015.
- Funds reported $242M of Silver Standard Resources stock for Q1 2016, up 36% quarter-over-quarter.
- 20 funds opened new Silver Standard Resources positions in Q1 2016 and 21 closed out, a net change of -1 holder.
- The largest Silver Standard Resources buyer in Q1 2016 was Sun Valley Gold, an estimated $10.5M added.
- The largest Silver Standard Resources seller in Q1 2016 was Kopernik Global Investors, an estimated $4.61M sold.
Based on aggregated 13F filings for Q1 2016.