Vault-13

FIRST MAJESTIC SILVER CORP AGCN 0.375 01.15.27

NOTE 0.375% 1/1 · GLOBAL · CUSIP 32076VAD5

25 institutional holders +6 vs Q1 2024
2,680,0002.7m shares reported held*
$192.2mreported value*
10 new 5 added 4 reduced 3 sold out net sold ≈ $9.9m (+2.7m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $71.71.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0102030Q4 22: 12Q1 23: 13Q2 23: 14Q3 23: 21Q4 23: 23Q1 24: 19Q2 24: 2525Q4 22Q2 23Q4 23Q2 24
Numbers
QuarterHolders
Q4 202212
Q1 202313
Q2 202314
Q3 202321
Q4 202323
Q1 202419
Q2 202425

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q1 23: 9 bought or addedQ1 23: 2 cut or sold outQ1 23Q2 23: 6 bought or addedQ2 23: 5 cut or sold outQ2 23Q3 23: 11 bought or addedQ3 23: 4 cut or sold outQ3 23Q4 23: 7 bought or addedQ4 23: 4 cut or sold outQ4 23Q1 24: 7 bought or addedQ1 24: 9 cut or sold outQ1 24Q2 24: 15 bought or addedQ2 24: 7 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q1 202392
Q2 202365
Q3 2023114
Q4 202374
Q1 202479
Q2 2024157

Biggest buyers

III Capital Management New +7,670,000+7.7m
PenderFund Capital Management Ltd. Added +7,000,000+7.0m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC New +5,000,000+5.0m
OAKTREE CAPITAL MANAGEMENT LP Added +3,273,000+3.3m
SSI INVESTMENT MANAGEMENT LLC New +3,000,000+3.0m
MIZUHO SECURITIES USA LLC New +2,680,000+2.7m
WELLS FARGO & COMPANY/MN New +1,500,000+1.5m
Tetragon Partners GP Ltd Added +1,500,000+1.5m
UBS Group AG New +1,500,000+1.5m
Claret Asset Management Corp New +1,000,000+1.0m

Biggest sellers

CITADEL ADVISORS LLC Sold out -21,120,000-21.1m
Verition Fund Management LLC Reduced -11,450,000-11.4m
Linden Advisors LP Sold out -8,050,000-8.1m
AGF MANAGEMENT LTD Reduced -3,500,000-3.5m
Mirabaud Asset Management (France) SAS Sold out -1,300,000-1.3m
BANK OF MONTREAL /CAN/ Reduced -1,155,000-1.2m
Russell Investments Group, Ltd. Reduced -375,000-375.0k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WOLVERINE ASSET MANAGEMENT LLC 0.66% of their portfolio CHICAGO, IL 42,475,00042.5m $35.1m $35.1m 0.66% Unchanged
2 Tetragon Partners GP Ltd 9.89% of their portfolio GRAND CAYMAN, E9 38,420,00038.4m $31.9m $31.9m 9.89% Added +1.5m +1,500,000
3 PenderFund Capital Management Ltd. 11.90% of their portfolio VANCOUVER, A1 38,250,00038.2m $43.3m $43.3m 11.90% Added +7.0m +7,000,000
4 OAKTREE CAPITAL MANAGEMENT LP 0.28% of their portfolio LOS ANGELES, CA 19,627,00019.6m $16.3m $16.3m 0.28% Added +3.3m +3,273,000
5 LMR Partners LLP 0.28% of their portfolio LONDON, X0 16,000,00016.0m $13.3m $13.3m 0.28% Unchanged
6 III Capital Management 0.35% of their portfolio BOCA RATON, FL 7,670,0007.7m $6.3m $6.3m 0.35% New
7 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 5,000,0005.0m $4.1m $4.1m 0.00% New
8 Verition Fund Management LLC 0.03% of their portfolio GREENWICH, CT 4,974,0005.0m $4.1m $4.1m 0.03% Reduced -11.4m -11,450,000
9 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 3,702,0003.7m $3.1m $3.1m 0.00% Reduced -375.0k -375,000
10 SSI INVESTMENT MANAGEMENT LLC 0.19% of their portfolio Los Angeles, CA 3,000,0003.0m $2.5m $2.5m 0.19% New
11 MIZUHO SECURITIES USA LLC 0.05% of their portfolio NEW YORK, NY 2,680,0002.7m $2.2m $2.2m 0.05% New
12 BANK OF NOVA SCOTIA 0.00% of their portfolio TORONTO, A6 2,500,0002.5m $2.1m $2.1m 0.00% Unchanged
13 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,500,0001.5m $1.2m $1.2m 0.00% New
14 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,500,0001.5m $1.2m $1.2m 0.00% New
15 Fore Capital, LLC 1.88% of their portfolio New York, NY 1,500,0001.5m $1.2m $1.2m 1.88% Unchanged
16 Periscope Capital Inc. 0.43% of their portfolio Toronto, A6 1,415,0001.4m $1.2m $1.2m 0.43% Unchanged
17 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 1,250,0001.2m $1.0m $1.0m 0.01% Reduced -3.5m -3,500,000
18 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 1,200,0001.2m $997.8k $997.8k 0.00% Reduced -1.2m -1,155,000
19 Claret Asset Management Corp 0.15% of their portfolio MONTREAL, A8 1,000,0001.0m $825.0k $825.0k 0.15% New
20 Penn Mutual Asset Management 0.88% of their portfolio Conshohocken, PA 500,000500.0k $413.1k $413.1k 0.88% New
21 BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio NEW YORK, NY 407,000407.0k $337.2k $337.2k 0.01% New
22 Oaktree Fund Advisors, LLC 0.02% of their portfolio LOS ANGLES, CA 26,00026.0k $21.6k $21.6k 0.02% Added +2.0k +2,000
23 Context Capital Management, LLC 0.41% of their portfolio LAJOLLA, CA 13,87513.9k $11.5m $11.5m 0.41% New
24 K2 PRINCIPAL FUND, L.P. 1.76% of their portfolio TORONTO, A6 9,5009.5k $8.0m $8.0m 1.76% Added +7.0k +7,000
25 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged