We are live on ! Find out more
TFPM icon

Triple Flag Precious Metals
TFPM

95 hedge funds and large institutions have $2.22B invested in Triple Flag Precious Metals in 2023 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 37 increasing their positions, 25 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 25

30% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 10

3% more funds holding

Funds holding: 92 → 95 (+3)

3% more capital invested

Capital invested by funds: $2.17B → $2.22B (+$55.5M)

0.86% more ownership

Funds ownership: 81.97% → 82.83% (+0.86%)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $305K

Holders
95
Holders Change
+3
Holders Change %
+3.26%
% of All Funds
1.39%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.04%
New
13
Increased
37
Reduced
25
Closed
10
Calls
–
Puts
$305K
Net Calls
-$305K
Net Calls Change
-$305K

Top Buyers

Rank Fund Capital Flow
1
BGC
Beutel, Goodman & Co
Ontario, Canada
+$10.2M
2
CSC
Cove Street Capital
California
+$6.14M
3
MBI
Montrusco Bolton Investments
Quebec, Canada
+$4.27M
4
Morgan Stanley
Morgan Stanley
New York
+$3.85M
5
Amundi
Amundi
France
+$3.65M

Top Sellers

Rank Fund Capital Flow
1
WMRU
William Marsh Rice University
Texas
-$9.05M
2
SI
Sprott Inc
Ontario, Canada
-$7.14M
3
FFAM
Forge First Asset Management
Canada
-$4.56M
4
Millennium Management
Millennium Management
New York
-$2.71M
5
TD Asset Management
TD Asset Management
Ontario, Canada
-$2.2M
Name Holding Trade Value Shares
Change 		Change in
Stake
Royal Bank of Canada
26
Royal Bank of Canada
Ontario, Canada
$3.16M +$2.63M +201,176 +556%
Dimensional Fund Advisors
27
Dimensional Fund Advisors
Texas
$2.71M +$109K +8,316 +4%
AFM
28
Anson Funds Management
Texas
$2.5M +$2.46M +187,946 New
KPF
29
K2 Principal Fund
Ontario, Canada
$2.4M – – –
Commonwealth Equity Services
30
Commonwealth Equity Services
Massachusetts
$1.78M +$148K +11,289 +9%
Barclays
31
Barclays
United Kingdom
$1.78M +$142K +10,880 +9%
Manulife (Manufacturers Life Insurance)
32
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.77M -$1.07K -82 -0.1%
VI
33
Vestcor Inc
New Brunswick, Canada
$1.48M – – –
Goldman Sachs
34
Goldman Sachs
New York
$1.44M +$1.13M +86,607 +400%
Swiss National Bank
35
Swiss National Bank
Switzerland
$1.33M -$126K -9,600 -9%
Renaissance Technologies
36
Renaissance Technologies
New York
$1.28M +$14.4K +1,100 +1%
MIM
37
Merrion Investment Management
New Jersey
$1.23M +$224K +17,100 +23%
GRA
38
Goehring & Rozencwajg Associates
New York
$1.14M +$32.3K +2,470 +3%
Bank of Montreal
39
Bank of Montreal
Ontario, Canada
$1.07M -$3.52K -269 -0.3%
USGIU
40
U.S. Global Investors (USGI)
Texas
$999K – – –
CS
41
Credit Suisse
Switzerland
$974K +$49.8K +3,808 +7%
TPM
42
Triasima Portfolio Management
Quebec, Canada
$940K -$124K -9,507 -12%
PCM
43
Prelude Capital Management
New York
$822K – – –
Jane Street
44
Jane Street
New York
$681K +$535K +40,886 +396%
Legal & General Group
45
Legal & General Group
United Kingdom
$648K +$27.5K +2,100 +5%
N
46
Nuveen
North Carolina
$550K +$538K +41,097 New
Vanguard Group
47
Vanguard Group
Pennsylvania
$517K -$67.3K -5,144 -12%
Millennium Management
48
Millennium Management
New York
$483K -$2.71M -206,752 -85%
SIM
49
Sentry Investment Management
Wisconsin
$474K +$466K +35,633 New
HC
50
Hara Capital
Washington
$474K +$466K +35,598 New
1
2
3 4 5

TFPM Hedge Fund Activity: Q4 2023 in Review

95 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Triple Flag Precious Metals (TFPM) for Q4 2023, worth a combined $2.22B — up 2.6% from $2.17B a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new TFPM positions and 10 closed out — a net gain of 3 holders — while 37 added to existing stakes and 25 trimmed.

The largest buyer was Beutel, Goodman & Co, adding an estimated $10.2M. The largest seller was William Marsh Rice University, cutting an estimated $9.05M.

  • 95 institutional investors held Triple Flag Precious Metals (TFPM) as of Q4 2023, up from 92 in Q3 2023.
  • Funds reported $2.22B of Triple Flag Precious Metals stock for Q4 2023, up 2.6% quarter-over-quarter.
  • 13 funds opened new Triple Flag Precious Metals positions in Q4 2023 and 10 closed out, a net change of +3 holders.
  • The largest Triple Flag Precious Metals buyer in Q4 2023 was Beutel, Goodman & Co, an estimated $10.2M added.
  • The largest Triple Flag Precious Metals seller in Q4 2023 was William Marsh Rice University, an estimated $9.05M sold.

Based on aggregated 13F filings for Q4 2023.