SSR Mining
SSRM
172 hedge funds and large institutions have $1.59B invested in SSR Mining in 2021 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 59 increasing their positions, 55 reducing their positions, and 29 closing their positions.
55% more call options, than puts
Call options by funds: $58.8M | Put options by funds: $37.8M
7% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 55
0% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 29
1% less funds holding
Funds holding: 173 → 172 (-1)
2.29% less ownership
Funds ownership: 52.34% → 50.05% (-2.3%)
32% less capital invested
Capital invested by funds: $2.32B → $1.59B (-$734M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$24.6M |
| 2 |
EMG
ETF Managers Group
Summit,
New Jersey
|
+$9.86M |
| 3 |
RL
Ruffer LLP
London,
United Kingdom
|
+$9.34M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$8.89M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$8.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$43.8M |
| 2 |
CI
CPMG Inc
Dallas,
Texas
|
-$30.3M |
| 3 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$24.8M |
| 4 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$18.1M |
| 5 |
Renaissance Technologies
New York
|
-$17.5M |
SSRM Hedge Fund Activity: Q1 2021 in Review
172 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in SSR Mining (SSRM) for Q1 2021, worth a combined $1.59B — down 32% from $2.32B a quarter earlier.
Fund positioning in SSRM was balanced in Q1 2021: 29 funds opened new positions, 29 closed out, 59 added to existing stakes and 55 trimmed.
The largest buyer was Millennium Management, adding an estimated $24.6M. The largest seller was VanEck Associates, cutting an estimated $43.8M.
- 172 institutional investors held SSR Mining (SSRM) as of Q1 2021, down from 173 in Q4 2020.
- Funds reported $1.59B of SSR Mining stock for Q1 2021, down 32% quarter-over-quarter.
- 29 funds opened new SSR Mining positions in Q1 2021 and 29 closed out, a net change of 0 holders.
- The largest SSR Mining buyer in Q1 2021 was Millennium Management, an estimated $24.6M added.
- The largest SSR Mining seller in Q1 2021 was VanEck Associates, an estimated $43.8M sold.
Based on aggregated 13F filings for Q1 2021.