Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

First Majestic Silver Corp (AG)

342 + Investors. Track Smart Money conviction in AG. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +24
Streak
3Q ▲
Buyers last Q
56%

Smart Money Signals — AG

Based on 344 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added AG than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
344 hedge funds hold AG right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +32% more funds vs a year ago

fund count last 6Q
+84 new funds entered over the past year (+32% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 56% buying

207 buying162 selling
Last quarter: 207 funds bought or added vs 162 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-15 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 38 → 57 → 90 → 75. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

49% of holders stayed for 2+ years

■ 49% conviction (2yr+) ■ 22% medium ■ 29% new
168 out of 344 hedge funds have held AG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
🚀

Acceleration phase — new buyers rushing in

67 → 38 → 57 → 90 → 75 new funds/Q
New funds entering each quarter: 38 → 57 → 90 → 75. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 58% veterans vs 33% newcomers

■ 58% veterans ■ 10% 1-2yr ■ 33% new
Entry-cohort mix of 389 holders: 224 (58%) are 2+ year veterans, 37 entered 1–2 years ago, and 128 (33%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 32% AUM from major funds

32% from top-100 AUM funds
48 of 339 holders rank in the top 100 by AUM, accounting for 32% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.2
out of 10
Moderate Exit Risk
Exit risk score 4.2/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — AG

In 2026 Q1, 207 hedge funds were net buyers of AG (75 opened a new position, 132 added to an existing one), while 162 reduced or exited (111 trimmed, 51 sold completely) — a 56% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 32% of total institutional value in AG is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +24 funds (more new holders than closures). Total institutional holders: 344.

Hedge Fund Ownership: AG

How many hedge funds hold AG — quarterly history vs. share price
Quarterly hedge fund ownership of AG vs. share price

Market Analysis: AG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: AG

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy First Majestic Silver Corp (AG) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much AG has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 85d ago
AG
-23.2%
SPY
+14.9%

AG outperformed SPY by -38.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 40d ago
AG
-19.2%
SPY
+1.1%

Since the filing became public, AG outperformed SPY by -20.3% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

25 top-rated funds 4 high-conviction
Consensus
6.1
/ 10
breadth
×
Elite
4.6
/ 10
conviction
Hedge Fund Positioning: AG
342 + Investors

Track Smart Money conviction in AG. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 342 320 6.88%
13F Shares 285M 262M 8.67%
Total Value $5.25B $4.37B 20.21%
New Positions 74 90 -16
Increased Positions 123 92 +31
Closed Positions 52 45 +7
Reduced Positions 98 93 +5
Total Calls 28 29 -3.45%
Total Puts 21 21 -
PUT/CALL Ratio 0.75 0.72 Neutral

Statistics: AG

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PEG Ratio (5yr expected) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

342 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in AG. Verified SEC 13F-HR filings.

QUARTER:
Top 25 AG holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Lingotto Investment Management LLP 4.25% 10,016,055 $215.1M
2 O'Domhnaill Enterprises, Inc. 3.45% 199,467 $4.3M
3 Realta Investment Advisors 3.11% 416,889 $9.0M
4 Acorn Financial Advisory Services Inc /Adv 2.65% 899,840 $19.3M
5 Abbington Investment Group 2.26% 181,047 $3.9M
6 Cedrus Wealth Group LLC 1.89% 78,998 $1.7M
7 Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. 1.59% 41,500 $891K
8 Parvin Asset Management, LLC 1.30% 84,125 $1.8M
9 Louisbourg Investments INC. 1.13% 279,600 $6.0M
10 Alps Advisors Inc 1.04% 10,317,411 $221.6M
11 Jupiter Asset Management Ltd 1.00% 8,721,883 $187.3M
12 Hillsdale Investment Management Inc. 0.98% 1,683,825 $36.1M
13 Tidal Investments LLC 0.95% 21,059,804 $452.4M
14 Hohimer Wealth Management, LLC 0.91% 357,243 $7.7M
15 Themes Management Co LLC 0.88% 66,714 $1.4M
16 Total Wealth Planning & Management, Inc. 0.72% 45,652 $981K
17 Counterpoint Mutual Funds LLC 0.63% 194,537 $4.2M
18 SPWM Advisors LLC 0.60% 28,391 $687K
19 Corundum Trust Company, INC 0.59% 12,000 $258K
20 Lincoln Capital Corp 0.55% 70,150 $1.5M
21 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.54% 18,493,793 $395.2M
22 Auxano Advisors, LLC 0.45% 104,000 $2.2M
23 Headlands Technologies LLC 0.44% 178,372 $3.8M
24 Teacher Retirement System of Texas 0.42% 4,732,148 $101.6M
25 PKO Investment Management Joint-Stock Co 0.40% 222,706 $4.8M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — First Majestic Silver Corp (AG)

What does the Smart Money Trend signal show for AG?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added AG than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for AG?

Slight buying edge — 56% buying: Last quarter: 207 funds bought or added vs 162 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for AG holders?

Strong quality — 32% AUM from major funds: 48 of 339 holders rank in the top 100 by AUM, accounting for 32% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held AG?

49% of holders stayed for 2+ years: 168 out of 344 hedge funds have held AG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy First Majestic Silver Corp (AG) following the 2026 Q1 hedge fund 13F filings?

As of today, AG has moved -19.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.1% for the SPY sector ETF — an outperformance of -20.3%. Since the quarter end (March 31, 2026), AG has gained -23.2% vs +14.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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