Triple Flag Precious Metals
TFPM
81 hedge funds and large institutions have $2.44B invested in Triple Flag Precious Metals in 2023 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 24 increasing their positions, 7 reducing their positions, and 6 closing their positions.
650% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 6
243% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 7
169% more call options, than puts
Call options by funds: $309K | Put options by funds: $115K
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
93% more funds holding
Funds holding: 42 → 81 (+39)
25% more capital invested
Capital invested by funds: $1.94B → $2.44B (+$491M)
9.57% less ownership
Funds ownership: 90.72% → 81.15% (-9.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIM
Elliott Investment Management
West Palm Beach,
Florida
|
+$63.7M |
| 2 |
VanEck Associates
New York
|
+$42.4M |
| 3 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$40.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$39.8M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
+$19.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$6.94M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$3.23M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$2.77M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$2.35M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$2.29M |
TFPM Hedge Fund Activity: Q1 2023 in Review
81 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Triple Flag Precious Metals (TFPM) for Q1 2023, worth a combined $2.44B — up 25% from $1.94B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new TFPM positions and 6 closed out — a net gain of 39 holders — while 24 added to existing stakes and 7 trimmed.
The largest buyer was Elliott Investment Management, adding an estimated $63.7M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), cutting an estimated $6.94M.
- 81 institutional investors held Triple Flag Precious Metals (TFPM) as of Q1 2023, up from 42 in Q4 2022.
- Funds reported $2.44B of Triple Flag Precious Metals stock for Q1 2023, up 25% quarter-over-quarter.
- 45 funds opened new Triple Flag Precious Metals positions in Q1 2023 and 6 closed out, a net change of +39 holders.
- The largest Triple Flag Precious Metals buyer in Q1 2023 was Elliott Investment Management, an estimated $63.7M added.
- The largest Triple Flag Precious Metals seller in Q1 2023 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $6.94M sold.
Based on aggregated 13F filings for Q1 2023.