Americas Gold and Silver
USAS
47 hedge funds and large institutions have $27.1M invested in Americas Gold and Silver in 2020 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 12 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
7% more funds holding
Funds holding: 44 → 47 (+3)
2.63% more ownership
Funds ownership: 5.63% → 8.26% (+2.6%)
29% less capital invested
Capital invested by funds: $38.2M → $27.1M (-$11.1M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$11.2M |
| 2 |
Morgan Stanley
New York
|
+$1.65M |
| 3 |
MI
Merk Investments
Menlo Park,
California
|
+$1.25M |
| 4 |
Renaissance Technologies
New York
|
+$1.08M |
| 5 |
Two Sigma Advisers
New York
|
+$462K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MS
Maven Securities
St Helier,
Jersey
|
-$693K |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$373K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$344K |
| 4 |
WA
WealthTrust Axiom
Wayne,
Pennsylvania
|
-$133K |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
-$120K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Goldman Sachs
New York
| – | -$76K | -9,640 | Closed |
|
52
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$65K | -8,240 | Closed |
|
|
CS
53
Credit Suisse
Zurich,
Switzerland
| – | -$47K | -5,972 | Closed |
|
54
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$40K | -5,044 | Closed |
|
55
HighTower Advisors
Chicago,
Illinois
| – | -$32K | -4,000 | Closed |
|
|
RE
56
RBC Europe
London,
United Kingdom
| – | -$26.9K | -3,400 | Closed |
|
57
UBS Group
Zurich,
Switzerland
| – | -$6K | -803 | Closed |
|
|
CCMIC
58
Cardinal Capital Management Inc (Canada)
Winnipeg,
Manitoba, Canada
| – | -$1K | -120 | Closed |
|
|
DWM
59
Darwin Wealth Management
Tampa,
Florida
| – | +$374 | +60 | New |
|
USAS Hedge Fund Activity: Q1 2020 in Review
47 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Americas Gold and Silver (USAS) for Q1 2020, worth a combined $27.1M — down 29% from $38.2M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new USAS positions and 12 closed out — a net gain of 3 holders — while 14 added to existing stakes and 8 trimmed.
The largest buyer was VanEck Associates, opening a new position worth an estimated $11.2M. The largest seller was Maven Securities, exiting entirely with an estimated $693K sold.
- 47 institutional investors held Americas Gold and Silver (USAS) as of Q1 2020, up from 44 in Q4 2019.
- Funds reported $27.1M of Americas Gold and Silver stock for Q1 2020, down 29% quarter-over-quarter.
- 15 funds opened new Americas Gold and Silver positions in Q1 2020 and 12 closed out, a net change of +3 holders.
- The largest Americas Gold and Silver buyer in Q1 2020 was VanEck Associates, an estimated $11.2M added.
- The largest Americas Gold and Silver seller in Q1 2020 was Maven Securities, an estimated $693K sold.
Based on aggregated 13F filings for Q1 2020.