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Triple Flag Precious Metals

89 hedge funds and large institutions have $2.28B invested in Triple Flag Precious Metals in 2023 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 30 increasing their positions, 20 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 15

50% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 20

10% more funds holding

Funds holding: 8189 (+8)

0.32% more ownership

Funds ownership: 81.15%81.47% (+0.32%)

7% less capital invested

Capital invested by funds: $2.44B → $2.28B (-$159M)

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

Holders
89
Holders Change
+8
Holders Change %
+9.88%
% of All Funds
1.4%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.05%
New
23
Increased
30
Reduced
20
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
EIM
1
Elliott Investment Management
Florida
$1.85B
Fidelity Investments
2
Fidelity Investments
Massachusetts
$53.1M -$862K -57,284 -1%
WA
3
Whitebox Advisors
Minnesota
$49.2M -$320K -21,281 -0.6%
VanEck Associates
4
VanEck Associates
New York
$46.3M +$3.69M +245,378 +8%
SI
5
Sprott Inc
Ontario, Canada
$43.8M +$1.27M +84,420 +3%
WMRU
6
William Marsh Rice University
Texas
$28M
Mirae Asset Global Investments
7
Mirae Asset Global Investments
South Korea
$21.5M +$23.5M +1,561,457 New
Ninety One (UK)
8
Ninety One (UK)
United Kingdom
$21M +$1.43M +94,901 +7%
Invesco
9
Invesco
Georgia
$19.5M +$3.19M +212,043 +18%
BCIM
10
British Columbia Investment Management
British Columbia, Canada
$15.6M +$3.69M +245,000 +28%
Norges Bank
11
Norges Bank
Norway
$14.7M +$5.57M +370,000 +53%
DMIC
12
Dixon Mitchell Investment Counsel
British Columbia, Canada
$11.2M -$1.5M -100,000 -11%
Ameriprise
13
Ameriprise
Minnesota
$8.23M +$8.99M +597,208 New
SAM
14
Stansberry Asset Management
Texas
$6.62M +$5.53M +367,747 +327%
TD Asset Management
15
TD Asset Management
Ontario, Canada
$5.4M +$2.65M +176,295 +82%
Millennium Management
16
Millennium Management
New York
$4.93M -$3.63M -241,067 -40%
FFAM
17
Forge First Asset Management
Canada
$4.78M -$1.23M -81,599 -19%
EPAM
18
Euro Pacific Asset Management
Puerto Rico
$4.72M +$647K +43,000 +14%
MLIM
19
Mountain Lake Investment Management
Florida
$4.55M -$301K -20,000 -6%
TPM
20
Triasima Portfolio Management
Quebec, Canada
$4.37M +$755K +50,138 +26%
PIC
21
PCJ Investment Counsel
Ontario, Canada
$3.74M -$239K -15,893 -6%
JFL
22
Jarislowsky, Fraser Ltd
Quebec, Canada
$3.41M -$474K -31,470 -11%
Bank of America
23
Bank of America
North Carolina
$3.23M +$2.83M +188,039 +408%
HIM
24
Hillsdale Investment Management
Ontario, Canada
$2.96M
Morgan Stanley
25
Morgan Stanley
New York
$2.77M -$26K -1,728 -0.9%

TFPM Hedge Fund Activity: Q2 2023 in Review

89 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Triple Flag Precious Metals (TFPM) for Q2 2023, worth a combined $2.28B — down 6.5% from $2.44B a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new TFPM positions and 15 closed out — a net gain of 8 holders — while 30 added to existing stakes and 20 trimmed.

The largest buyer was Mirae Asset Global Investments, opening a new position worth an estimated $23.5M. The largest seller was NewGen Asset Management, exiting entirely with an estimated $10.5M sold.

  • 89 institutional investors held Triple Flag Precious Metals (TFPM) as of Q2 2023, up from 81 in Q1 2023.
  • Funds reported $2.28B of Triple Flag Precious Metals stock for Q2 2023, down 6.5% quarter-over-quarter.
  • 23 funds opened new Triple Flag Precious Metals positions in Q2 2023 and 15 closed out, a net change of +8 holders.
  • The largest Triple Flag Precious Metals buyer in Q2 2023 was Mirae Asset Global Investments, an estimated $23.5M added.
  • The largest Triple Flag Precious Metals seller in Q2 2023 was NewGen Asset Management, an estimated $10.5M sold.

Based on aggregated 13F filings for Q2 2023.