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.
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$10.2M |
| 2 |
CSC
Cove Street Capital
El Segundo,
California
|
+$6.14M |
| 3 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
+$4.27M |
| 4 |
Morgan Stanley
New York
|
+$3.85M |
| 5 |
Amundi
Paris,
France
|
+$3.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WMRU
William Marsh Rice University
Houston,
Texas
|
-$9.05M |
| 2 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$7.14M |
| 3 |
FFAM
Forge First Asset Management
Toronto, Ontario,
Canada
|
-$4.56M |
| 4 |
Millennium Management
New York
|
-$2.71M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$2.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TI
101
Trexquant Investment
Stamford,
Connecticut
| – | -$164K | -12,510 | Closed |
|
102
CIBC World Market
Toronto,
Ontario, Canada
| – | -$151K | -11,518 | Closed |
|
|
CHC
103
City Holding Co
Charleston,
West Virginia
| – | -$8.29K | -634 | Closed |
|
|
TRCT
104
Tower Research Capital (TRC)
New York
| – | -$5K | -382 | Closed |
|
|
GBT
105
Grove Bank & Trust
Miami,
Florida
| – | -$471 | -36 | Closed |
|
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.