Silver Standard Resources
SSRI
SSRI was delisted on the 2nd of August, 2017.
121 hedge funds and large institutions have $536M invested in Silver Standard Resources in 2017 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 45 increasing their positions, 36 reducing their positions, and 22 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 36
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less call options, than puts
Call options by funds: $22.8M | Put options by funds: $24.2M
1.51% less ownership
Funds ownership: 47.35% → 45.84% (-1.5%)
2% less funds holding
Funds holding: 124 → 121 (-3)
11% less capital invested
Capital invested by funds: $605M → $536M (-$68.3M)
14% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$14.5M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$11.8M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$9.72M |
| 4 |
Ninety One (UK)
London,
United Kingdom
|
+$9.24M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$6.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$91.6M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$17.4M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$3.91M |
| 4 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$3.74M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$3.54M |
SSRI Hedge Fund Activity: Q2 2017 in Review
121 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Silver Standard Resources (SSRI) for Q2 2017, worth a combined $536M — down 11% from $605M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of SSRI and 19 opened new positions — a net loss of 3 holders — while 36 trimmed existing stakes and 45 added.
The largest buyer was Norges Bank, adding an estimated $14.5M. The largest seller was VanEck Associates, cutting an estimated $91.6M.
- 121 institutional investors held Silver Standard Resources (SSRI) as of Q2 2017, down from 124 in Q1 2017.
- Funds reported $536M of Silver Standard Resources stock for Q2 2017, down 11% quarter-over-quarter.
- 19 funds opened new Silver Standard Resources positions in Q2 2017 and 22 closed out, a net change of -3 holders.
- The largest Silver Standard Resources buyer in Q2 2017 was Norges Bank, an estimated $14.5M added.
- The largest Silver Standard Resources seller in Q2 2017 was VanEck Associates, an estimated $91.6M sold.
Based on aggregated 13F filings for Q2 2017.