Bank of Montreal’s Fortuna Silver Mines FSM Stock Holding History

Bank of Montreal’s Portfolio FSM Stock Details FSM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-20,800	Closed	-$204K	–	3836
2025 Q4	$204K	Buy	+20,800	New	+$187K	﹤0.01%	2835
2025 Q1	–	Sell	-400,000	Closed	-$1.71M	–	3583
2024 Q4	$1.71M	Buy	+400,000	New	+$1.91M	﹤0.01%	1608
2023 Q1	–	Sell	-20,900	Closed	-$79.4K	–	3916
2022 Q4	$79.4K	Hold	20,900	–	–	﹤0.01%	3429
2022 Q3	$53	Hold	20,900	–	–	﹤0.01%	3623
2022 Q2	$67	Hold	20,900	–	–	﹤0.01%	3557
2022 Q1	$80K	Buy	+20,900	New	+$79.1K	﹤0.01%	3702
2019 Q4	–	Sell	-30,000	Closed	-$93K	–	4899
2019 Q3	$93K	Hold	30,000	–	–	﹤0.01%	3339
2019 Q2	$86K	Hold	30,000	–	–	﹤0.01%	3430
2019 Q1	$101K	Buy	+30,000	New	+$111K	﹤0.01%	3053
2018 Q2	–	Sell	-20,000	Closed	-$104K	–	4764
2018 Q1	$104K	Hold	20,000	–	–	﹤0.01%	2948
2017 Q4	$104K	Buy	+20,000	New	+$90.1K	﹤0.01%	2987
2017 Q3	–	Sell	-20,000	Closed	-$98K	–	4212
2017 Q2	$98K	Buy	+20,000	New	+$96K	﹤0.01%	2996

Other funds holding FSM

VanEck Associates New York $133B AUM 72.99% 1-Year Est. Return

Mirae Asset Global ETFs Holdings Causeway Bay, Hong Kong $73.7B AUM 53.56% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $185B AUM 39.58% 1-Year Est. Return

Acadian Asset Management Boston, Massachusetts $70.5B AUM 36% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return

D.E. Shaw & Co New York $166B AUM 43.98% 1-Year Est. Return

Tidal Investments Milwaukee, Wisconsin $47.4B AUM 59.58% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Bank of Montreal's FSM Position: Q1 2026 in Review

Bank of Montreal reduced its Fortuna Silver Mines (FSM) stake by 37% in Q1 2026, selling an estimated $14.1M and leaving 2,192,477 shares worth $21.8M. The position accounts for 0.01% of the portfolio, ranked #815.

Bank of Montreal first reported a position in FSM in Q2 2013 and has held it in 50 quarters since. The position peaked at $36.9M in Q3 2025. 253 funds tracked by Wall St. Rank hold FSM as of Q1 2026.

Bank of Montreal held 2,192,477 shares of Fortuna Silver Mines worth $21.8M as of Q1 2026.
Bank of Montreal sold 1,303,635 Fortuna Silver Mines shares in Q1 2026, an estimated $14.1M.
Fortuna Silver Mines made up 0.01% of Bank of Montreal's portfolio in Q1 2026, its #815 holding.
Bank of Montreal first reported a position in Fortuna Silver Mines in Q2 2013 and has held it in 50 quarters since.
Bank of Montreal's Fortuna Silver Mines position peaked at $36.9M in Q3 2025.
253 funds tracked by Wall St. Rank held Fortuna Silver Mines as of Q1 2026.

Based on Bank of Montreal's 13F filing for Q1 2026, filed 13 May 2026.