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SSR Mining

131 hedge funds and large institutions have $798M invested in SSR Mining in 2018 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 47 increasing their positions, 35 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

115% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 13

107% more call options, than puts

Call options by funds: $23.7M | Put options by funds: $11.5M

48% more capital invested

Capital invested by funds: $538M → $798M (+$260M)

34% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 35

13% more funds holding

Funds holding: 116131 (+15)

4.01% more ownership

Funds ownership: 51.18%55.18% (+4%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
131
Holders Change
+15
Holders Change %
+12.93%
% of All Funds
2.92%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
28
Increased
47
Reduced
35
Closed
13
Calls
$23.7M
Puts
$11.5M
Net Calls
+$12.2M
Net Calls Change
+$4M
Name Holding Trade Value Shares
Change
Change in
Stake
Barclays
51
Barclays
United Kingdom
$1.77M +$1.06M +99,839 +214%
HIM
52
Hillsdale Investment Management
Ontario, Canada
$1.71M +$1.5M +141,700 New
Assenagon Asset Management
53
Assenagon Asset Management
Luxembourg
$1.69M +$1.48M +139,640 New
CIBC World Market
54
CIBC World Market
Ontario, Canada
$1.66M +$36.8K +3,466 +3%
GC
55
Guggenheim Capital
Illinois
$1.49M -$310K -29,207 -19%
Geode Capital Management
56
Geode Capital Management
Massachusetts
$1.48M +$332K +31,291 +34%
PIC
57
PCJ Investment Counsel
Ontario, Canada
$1.39M +$346K +32,620 +39%
JP Morgan Chase
58
JP Morgan Chase
New York
$1.38M +$1.05M +99,065 +657%
Invesco
59
Invesco
Georgia
$1.36M +$746K +70,383 +168%
ED
60
Exane Derivatives
France
$1.34M +$41.6K +3,926 +4%
CC
61
Cipher Capital
New York
$1.02M +$643K +60,632 +258%
Millennium Management
62
Millennium Management
New York
$983K +$862K +81,337 New
MM
63
Midas Management
New York
$967K
Russell Investments Group
64
Russell Investments Group
United Kingdom
$966K +$229K +21,581 +36%
RJA
65
Raymond James & Associates
Florida
$959K +$591K +55,728 +236%
MHP
66
Manatuck Hill Partners
Connecticut
$846K +$742K +70,000 New
LTFS
67
Ladenburg Thalmann Financial Services
Florida
$840K +$175K +16,543 +31%
PIMJS
68
PKO Investment Management Joint-Stock
Poland
$675K
Citigroup
69
Citigroup
New York
$666K +$121K +11,380 +26%
Canada Life
70
Canada Life
Manitoba, Canada
$645K +$4.37K +412 +0.8%
Marshall Wace
71
Marshall Wace
United Kingdom
$627K +$550K +51,879 New
Northern Trust
72
Northern Trust
Illinois
$623K -$11.1K -1,047 -2%
SG Americas Securities
73
SG Americas Securities
New York
$502K -$161K -15,165 -27%
H
74
Hexavest
Quebec, Canada
$474K -$666K -62,769 -62%
Legal & General Group
75
Legal & General Group
United Kingdom
$447K +$160K +15,055 +68%

SSRM Hedge Fund Activity: Q4 2018 in Review

131 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in SSR Mining (SSRM) for Q4 2018, worth a combined $798M — up 48% from $538M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new SSRM positions and 13 closed out — a net gain of 15 holders — while 47 added to existing stakes and 35 trimmed.

The largest buyer was Ruffer LLP, opening a new position worth an estimated $18.3M. The largest seller was Sun Valley Gold, cutting an estimated $12.3M.

  • 131 institutional investors held SSR Mining (SSRM) as of Q4 2018, up from 116 in Q3 2018.
  • Funds reported $798M of SSR Mining stock for Q4 2018, up 48% quarter-over-quarter.
  • 28 funds opened new SSR Mining positions in Q4 2018 and 13 closed out, a net change of +15 holders.
  • The largest SSR Mining buyer in Q4 2018 was Ruffer LLP, an estimated $18.3M added.
  • The largest SSR Mining seller in Q4 2018 was Sun Valley Gold, an estimated $12.3M sold.

Based on aggregated 13F filings for Q4 2018.