Shell Asset Management’s Fortuna Silver Mines FSM Stock Holding History

Shell Asset Management’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
2025 Q3	$42K	Sell	4,682 -12,908	-73%	-$94.2K	﹤0.01%	910
2025 Q2	$118K	Buy	17,590 +400	+2%	+$2.48K	﹤0.01%	956
2025 Q1	$105K	Hold	17,190	–	–	0.01%	1005
2024 Q4	$74K	Hold	17,190	–	–	﹤0.01%	1105
2024 Q3	$80K	Buy	+17,190	New	+$81.5K	﹤0.01%	1094
2024 Q1	$84K	Sell	17,190 -1,300	-7%	-$4.16K	﹤0.01%	1069
2023 Q4	$72K	Sell	18,490 -4,624	-20%	-$15.5K	﹤0.01%	1124
2023 Q3	$63K	Hold	23,114	–	–	﹤0.01%	1163
2023 Q2	$75K	Hold	23,114	–	–	﹤0.01%	1171
2023 Q1	$88K	Hold	23,114	–	–	﹤0.01%	1134
2022 Q4	$87K	Sell	23,114 -3,100	-12%	-$10.2K	﹤0.01%	1184
2022 Q3	$66K	Sell	26,214 -5,700	-18%	-$14.5K	﹤0.01%	1301
2022 Q2	$91K	Hold	31,914	–	–	﹤0.01%	1302
2022 Q1	$121K	Hold	31,914	–	–	﹤0.01%	1266
2021 Q4	$125K	Buy	31,914 +6,300	+25%	+$25.9K	﹤0.01%	1301
2021 Q3	$101K	Buy	25,614 +6,385	+33%	+$28.6K	﹤0.01%	1306
2021 Q2	$107K	Hold	19,229	–	–	﹤0.01%	1348
2021 Q1	$125K	Buy	19,229 +1,400	+8%	+$10.5K	﹤0.01%	1247
2020 Q4	$146K	Buy	17,829 +15,000	+530%	+$104K	﹤0.01%	1205
2020 Q3	$18K	Buy	2,829 +400	+16%	+$2.57K	﹤0.01%	1387
2020 Q2	$12K	Sell	2,429 -5,736	-70%	-$20.7K	﹤0.01%	1382
2020 Q1	$19K	Hold	8,165	–	–	﹤0.01%	1209
2019 Q4	$33K	Sell	8,165 -5,253	-39%	-$17.2K	﹤0.01%	1222
2019 Q3	$42K	Hold	13,418	–	–	﹤0.01%	1220
2019 Q2	$38K	Sell	13,418 -331	-2%	-$956	﹤0.01%	1199
2019 Q1	$46K	Hold	13,749	–	–	﹤0.01%	1172
2018 Q4	$50K	Hold	13,749	–	–	﹤0.01%	1115
2018 Q3	$60K	Hold	13,749	–	–	﹤0.01%	1134
2018 Q2	$78K	Hold	13,749	–	–	﹤0.01%	1081
2018 Q1	$72K	Sell	13,749 -100	-0.7%	-$482	﹤0.01%	1089
2017 Q4	$73K	Hold	13,849	–	–	﹤0.01%	1081
2017 Q3	$76K	Hold	13,849	–	–	﹤0.01%	1068
2017 Q2	$88K	Hold	13,849	–	–	﹤0.01%	1060
2017 Q1	$96K	Hold	13,849	–	–	﹤0.01%	1055
2016 Q4	$105K	Sell	13,849 -2,200	-14%	-$13.8K	﹤0.01%	1025
2016 Q3	$153K	Buy	16,049 +1,300	+9%	+$10.8K	﹤0.01%	992
2016 Q2	$133K	Buy	14,749 +1,300	+10%	+$7.56K	﹤0.01%	851
2016 Q1	$68K	Hold	13,449	–	–	﹤0.01%	870
2015 Q4	$42K	Sell	13,449 -17,692	-57%	-$44.2K	﹤0.01%	873
2015 Q3	$141K	Buy	31,141 +7,283	+31%	+$19.4K	﹤0.01%	799
2015 Q2	$109K	Sell	23,858 -2,100	-8%	-$7.9K	﹤0.01%	852
2015 Q1	$124K	Sell	25,958 -5,183	-17%	-$22.8K	﹤0.01%	833
2014 Q4	$164K	Hold	31,141	–	–	﹤0.01%	832
2014 Q3	$141K	Hold	31,141	–	–	﹤0.01%	827
2014 Q2	$184K	Buy	31,141 +3,229	+12%	+$13.7K	﹤0.01%	835
2014 Q1	$114K	Hold	27,912	–	–	﹤0.01%	819
2013 Q4	$85K	Sell	27,912 -1,542	-5%	-$5.21K	﹤0.01%	811
2013 Q3	$111K	Sell	29,454 -4,682	-14%	-$17.6K	﹤0.01%	798
2013 Q2	$119K	Buy	+34,136	New	+$110K	﹤0.01%	788

Other funds holding FSM

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

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

Mirae Asset Global ETFs Holdings Causeway Bay, Hong Kong $73.7B AUM 53.56% 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

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

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

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

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

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

Shell Asset Management's FSM Position: Q3 2025 in Review

Shell Asset Management reduced its Fortuna Silver Mines (FSM) stake by 73% in Q3 2025, selling an estimated $94.2K and leaving 4,682 shares worth $42K. The position accounts for ﹤0.01% of the portfolio, ranked #910.

Shell Asset Management first reported a position in FSM in Q2 2013 and has held it in 49 quarters since. The position peaked at $184K in Q2 2014. 214 funds tracked by Wall St. Rank hold FSM as of Q3 2025.

Shell Asset Management held 4,682 shares of Fortuna Silver Mines worth $42K as of Q3 2025.
Shell Asset Management sold 12,908 Fortuna Silver Mines shares in Q3 2025, an estimated $94.2K.
Fortuna Silver Mines made up ﹤0.01% of Shell Asset Management's portfolio in Q3 2025, its #910 holding.
Shell Asset Management first reported a position in Fortuna Silver Mines in Q2 2013 and has held it in 49 quarters since.
Shell Asset Management's Fortuna Silver Mines position peaked at $184K in Q2 2014.
214 funds tracked by Wall St. Rank held Fortuna Silver Mines as of Q3 2025.

Based on Shell Asset Management's 13F filing for Q3 2025, filed 7 Nov 2025.