National Bank of Canada’s Fortuna Silver Mines FSM Stock Holding History

National Bank of Canada’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	$3.97M	Sell	401,066 -105,266	-21%	-$1.14M	﹤0.01%	910
2025 Q4	$4.96M	Sell	506,332 -689,199	-58%	-$6.2M	﹤0.01%	869
2025 Q3	$10.6M	Sell	1,195,531 -581,736	-33%	-$4.25M	0.01%	681
2025 Q2	$11.6M	Buy	1,777,267 +538,760	+44%	+$3.34M	0.01%	735
2025 Q1	$7.51M	Buy	1,238,507 +360,488	+41%	+$1.79M	0.01%	802
2024 Q4	$3.77M	Buy	878,019 +225,480	+35%	+$1.08M	﹤0.01%	1034
2024 Q3	$3.02M	Buy	652,539 +192,552	+42%	+$913K	﹤0.01%	933
2024 Q2	$2.22M	Sell	459,987 -727,593	-61%	-$3.67M	﹤0.01%	915
2024 Q1	$6.17M	Buy	1,187,580 +69,707	+6%	+$223K	0.01%	752
2023 Q4	$4.16M	Buy	1,117,873 +80,856	+8%	+$270K	0.01%	826
2023 Q3	$2.73M	Sell	1,037,017 -17,007	-2%	-$53.3K	﹤0.01%	976
2023 Q2	$3.45M	Buy	1,054,024 +7,829	+0.7%	+$27.9K	0.01%	824
2023 Q1	$3.97M	Buy	1,046,195 +108,231	+12%	+$385K	0.01%	653
2022 Q4	$3.51M	Buy	937,964 +527,513	+129%	+$1.74M	0.01%	720
2022 Q3	$1.03M	Sell	410,451 -2,349	-0.6%	-$5.98K	0.01%	966
2022 Q2	$1.17M	Sell	412,800 -159,829	-28%	-$556K	0.01%	964
2022 Q1	$2.17M	Buy	572,629 +386,040	+207%	+$1.46M	0.01%	850
2021 Q4	$729K	Buy	+186,589	New	+$768K	﹤0.01%	1149

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

National Bank of Canada's FSM Position: Q1 2026 in Review

National Bank of Canada reduced its Fortuna Silver Mines (FSM) stake by 21% in Q1 2026, selling an estimated $1.14M and leaving 401,066 shares worth $3.97M. The position accounts for ﹤0.01% of the portfolio, ranked #910.

National Bank of Canada first reported a position in FSM in Q4 2021 and has held it in 18 quarters since. The position peaked at $11.6M in Q2 2025. 253 funds tracked by Wall St. Rank hold FSM as of Q1 2026.

National Bank of Canada held 401,066 shares of Fortuna Silver Mines worth $3.97M as of Q1 2026.
National Bank of Canada sold 105,266 Fortuna Silver Mines shares in Q1 2026, an estimated $1.14M.
Fortuna Silver Mines made up ﹤0.01% of National Bank of Canada's portfolio in Q1 2026, its #910 holding.
National Bank of Canada first reported a position in Fortuna Silver Mines in Q4 2021 and has held it in 18 quarters since.
National Bank of Canada's Fortuna Silver Mines position peaked at $11.6M in Q2 2025.
253 funds tracked by Wall St. Rank held Fortuna Silver Mines as of Q1 2026.

Based on National Bank of Canada's 13F filing for Q1 2026, filed 15 May 2026.