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Fortuna Silver Mines

115 hedge funds and large institutions have $325M invested in Fortuna Silver Mines in 2018 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 33 increasing their positions, 38 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

138% more call options, than puts

Call options by funds: $2.92M | Put options by funds: $1.23M

2.17% more ownership

Funds ownership: 44.17%46.35% (+2.2%)

6% less funds holding

Funds holding: 122115 (-7)

13% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 38

19% less capital invested

Capital invested by funds: $402M → $325M (-$76.9M)

29% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 21

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
115
Holders Change
-7
Holders Change %
-5.74%
% of All Funds
2.63%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
15
Increased
33
Reduced
38
Closed
21
Calls
$2.92M
Puts
$1.23M
Net Calls
+$1.69M
Net Calls Change
-$1.59M
Name Holding Trade Value Shares
Change
Change in
Stake
DZ Bank
26
DZ Bank
Germany
$2.62M
AII
27
AGF Investments Inc
Ontario, Canada
$2.02M
AAMU
28
Amundi Asset Management US
Massachusetts
$1.96M +$243K +49,600 +12%
GC
29
Guggenheim Capital
Illinois
$1.76M +$219K +44,612 +12%
Public Sector Pension Investment Board (PSP Investments)
30
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.72M -$76K -15,500 -4%
CIBC Asset Management
31
CIBC Asset Management
Ontario, Canada
$1.61M -$543K -110,733 -23%
OSAM
32
O'Shaughnessy Asset Management
Connecticut
$1.49M
Goldman Sachs
33
Goldman Sachs
New York
$1.35M +$758K +154,645 +99%
Swiss National Bank
34
Swiss National Bank
Switzerland
$1.21M
Jane Street
35
Jane Street
New York
$1.11M +$1.09M +222,685 +698%
Two Sigma Advisers
36
Two Sigma Advisers
New York
$1.08M -$89K -18,155 -7%
Susquehanna International Group
37
Susquehanna International Group
Pennsylvania
$1.06M +$558K +113,840 +88%
EMG
38
ETF Managers Group
New Jersey
$1.06M +$1.19M +243,527 New
JP Morgan Chase
39
JP Morgan Chase
New York
$842K +$945K +192,634 New
RA
40
Raffles Associates
New York
$830K
CIBC World Market
41
CIBC World Market
Ontario, Canada
$787K +$124K +25,200 +16%
PIC
42
PCJ Investment Counsel
Ontario, Canada
$753K -$1.03K -210 -0.1%
VCWA
43
Vanguard Capital Wealth Advisors
Colorado
$666K -$50.3K -10,250 -40%
APG Asset Management
44
APG Asset Management
Netherlands
$628K +$528K +107,600 +181%
Citadel Advisors
45
Citadel Advisors
Florida
$568K +$213K +43,449 +50%
CM
46
CoreCommodity Management
Connecticut
$490K +$59.3K +12,087 +12%
ARTA
47
A.R.T. Advisors
New York
$456K +$512K +104,403 New
JIR
48
James Investment Research
Ohio
$435K -$775K -158,045 -61%
USGIU
49
U.S. Global Investors (USGI)
Texas
$402K +$39.1K +7,983 +10%
Two Sigma Investments
50
Two Sigma Investments
New York
$390K -$677K -137,982 -61%

FSM Hedge Fund Activity: Q3 2018 in Review

115 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q3 2018, worth a combined $325M — down 19% from $402M a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of FSM and 15 opened new positions — a net loss of 6 holders — while 38 trimmed existing stakes and 33 added.

The largest buyer was Wellington Management Group, opening a new position worth an estimated $24.8M. The largest seller was Hillsdale Investment Management, exiting entirely with an estimated $5.5M sold.

  • 115 institutional investors held Fortuna Silver Mines (FSM) as of Q3 2018, down from 122 in Q2 2018.
  • Funds reported $325M of Fortuna Silver Mines stock for Q3 2018, down 19% quarter-over-quarter.
  • 15 funds opened new Fortuna Silver Mines positions in Q3 2018 and 21 closed out, a net change of -6 holders.
  • The largest Fortuna Silver Mines buyer in Q3 2018 was Wellington Management Group, an estimated $24.8M added.
  • The largest Fortuna Silver Mines seller in Q3 2018 was Hillsdale Investment Management, an estimated $5.5M sold.

Based on aggregated 13F filings for Q3 2018.