SSR Mining
SSRM
113 hedge funds and large institutions have $592M invested in SSR Mining in 2018 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 46 increasing their positions, 31 reducing their positions, and 25 closing their positions.
149% more call options, than puts
Call options by funds: $21.6M | Put options by funds: $8.7M
48% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 31
22% more capital invested
Capital invested by funds: $484M → $592M (+$108M)
5.47% more ownership
Funds ownership: 45.62% → 51.09% (+5.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less funds holding
Funds holding: 125 → 113 (-12)
44% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GXMC
Global X Management Company
New York
|
+$20.9M |
| 2 |
VanEck Associates
New York
|
+$14.4M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$13.4M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$11.6M |
| 5 |
Renaissance Technologies
New York
|
+$6.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$9.88M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
-$7.01M |
| 3 |
NP
Ninepoint Partners
Toronto,
Ontario, Canada
|
-$3.06M |
| 4 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$2.54M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JG
126
Jefferies Group
New York
| – | -$159K | -18,090 | Closed |
|
127
Verition Fund Management
Greenwich,
Connecticut
| – | -$129K | -14,722 | Closed |
|
|
CL
128
CSS LLC
Chicago,
Illinois
| – | -$99K | -11,217 | Closed |
|
|
FPF
129
FNY Partners Fund
New York
| – | -$95K | -10,900 | Closed |
|
130
Citadel Advisors
Miami,
Florida
| – | -$88.2K | -10,095 | Closed |
|
|
AFNAS
131
American Financial Network Advisory Services
Calabasas,
California
| – | -$43K | -4,900 | Closed |
|
132
Walleye Trading
New York
| – | -$18.7K | -2,143 | Closed |
|
|
KJWM
133
Kiley Juergens Wealth Management
Olympia,
Washington
| – | -$17K | -2,000 | Closed |
|
|
PFGIA
134
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$7K | -865 | Closed |
|
|
BFEC
135
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$5K | -590 | Closed |
|
SSRM Hedge Fund Activity: Q1 2018 in Review
113 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in SSR Mining (SSRM) for Q1 2018, worth a combined $592M — up 22% from $484M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of SSRM and 14 opened new positions — a net loss of 11 holders — while 31 trimmed existing stakes and 46 added.
The largest buyer was Global X Management Company, opening a new position worth an estimated $20.9M. The largest seller was Norges Bank, cutting an estimated $9.88M.
- 113 institutional investors held SSR Mining (SSRM) as of Q1 2018, down from 125 in Q4 2017.
- Funds reported $592M of SSR Mining stock for Q1 2018, up 22% quarter-over-quarter.
- 14 funds opened new SSR Mining positions in Q1 2018 and 25 closed out, a net change of -11 holders.
- The largest SSR Mining buyer in Q1 2018 was Global X Management Company, an estimated $20.9M added.
- The largest SSR Mining seller in Q1 2018 was Norges Bank, an estimated $9.88M sold.
Based on aggregated 13F filings for Q1 2018.