SSR Mining
SSRM
151 hedge funds and large institutions have $914M invested in SSR Mining in 2020 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 46 increasing their positions, 46 reducing their positions, and 24 closing their positions.
33% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 24
24% more call options, than puts
Call options by funds: $12M | Put options by funds: $9.68M
4% more funds holding
Funds holding: 145 → 151 (+6)
1.71% more ownership
Funds ownership: 62.86% → 64.56% (+1.7%)
0% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 46
39% less capital invested
Capital invested by funds: $1.5B → $914M (-$582M)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$55.2M |
| 2 |
Renaissance Technologies
New York
|
+$17.9M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
+$11.1M |
| 4 |
FA
Friess Associates
Greenville,
Delaware
|
+$10.6M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$9.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$32.1M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$22.8M |
| 3 |
VanEck Associates
New York
|
-$19.7M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$12.8M |
| 5 |
PC
Polar Capital
London,
United Kingdom
|
-$10.1M |
SSRM Hedge Fund Activity: Q1 2020 in Review
151 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in SSR Mining (SSRM) for Q1 2020, worth a combined $914M — down 39% from $1.5B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new SSRM positions and 24 closed out — a net gain of 8 holders — while 46 added to existing stakes and 46 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $55.2M. The largest seller was Morgan Stanley, cutting an estimated $32.1M.
- 151 institutional investors held SSR Mining (SSRM) as of Q1 2020, up from 145 in Q4 2019.
- Funds reported $914M of SSR Mining stock for Q1 2020, down 39% quarter-over-quarter.
- 32 funds opened new SSR Mining positions in Q1 2020 and 24 closed out, a net change of +8 holders.
- The largest SSR Mining buyer in Q1 2020 was Deutsche Bank, an estimated $55.2M added.
- The largest SSR Mining seller in Q1 2020 was Morgan Stanley, an estimated $32.1M sold.
Based on aggregated 13F filings for Q1 2020.