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Fortuna Silver Mines

135 hedge funds and large institutions have $328M invested in Fortuna Silver Mines in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 44 increasing their positions, 39 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

14% more capital invested

Capital invested by funds: $286M → $328M (+$41.3M)

13% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 39

2.31% more ownership

Funds ownership: 27.48%29.8% (+2.3%)

4% less funds holding

Funds holding: 141135 (-6)

15% less call options, than puts

Call options by funds: $7.33M | Put options by funds: $8.66M

25% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 20

Holders
135
Holders Change
-6
Holders Change %
-4.26%
% of All Funds
2.15%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
15
Increased
44
Reduced
39
Closed
20
Calls
$7.33M
Puts
$8.66M
Net Calls
-$1.34M
Net Calls Change
-$4.21M
Name Holding Trade Value Shares
Change
Change in
Stake
Deutsche Bank
26
Deutsche Bank
Germany
$1.73M -$2.46M -691,187 -60%
GC
27
Guggenheim Capital
Illinois
$1.57M +$319K +89,857 +28%
Millennium Management
28
Millennium Management
New York
$1.47M +$317K +89,220 +30%
Baird Financial Group
29
Baird Financial Group
Wisconsin
$1.24M +$1.15M +324,626 New
NA
30
NewEdge Advisors
Louisiana
$1.21M +$19.6K +5,500 +2%
Legal & General Group
31
Legal & General Group
United Kingdom
$1.18M +$27.9K +7,862 +3%
Jane Street
32
Jane Street
New York
$1.12M -$3.37M -949,113 -76%
CIBC Asset Management
33
CIBC Asset Management
Ontario, Canada
$999K +$4.58K +1,289 +0.5%
DC
34
Davenport & Co
Virginia
$904K
CS
35
Credit Suisse
Switzerland
$904K -$4.17K -1,174 -0.5%
Manulife (Manufacturers Life Insurance)
36
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$801K -$5.95K -1,675 -0.8%
Vanguard Group
37
Vanguard Group
Pennsylvania
$733K
VIA
38
Vident Investment Advisory
Georgia
$728K +$401K +112,735 +145%
HCM
39
Hollencrest Capital Management
California
$673K +$178K +50,200 +40%
Canada Life
40
Canada Life
Manitoba, Canada
$664K
BCIM
41
British Columbia Investment Management
British Columbia, Canada
$591K +$110K +30,868 +25%
JF
42
Jump Financial
Illinois
$589K +$494K +138,871 +912%
UBS Group
43
UBS Group
Switzerland
$576K +$48.5K +13,648 +10%
CIBC World Market
44
CIBC World Market
Ontario, Canada
$534K -$352K -99,086 -41%
Invesco
45
Invesco
Georgia
$528K +$107K +29,981 +28%
Wolverine Trading
46
Wolverine Trading
Illinois
$527K +$242K +68,035 +97%
Simplex Trading
47
Simplex Trading
Illinois
$495K +$436K +122,753 +1,760%
Mackenzie Financial
48
Mackenzie Financial
Ontario, Canada
$476K +$1.63K +459 +0.4%
Connor, Clark & Lunn Investment Management (CC&L)
49
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$461K -$1M -281,600 -70%
AIMCA
50
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$429K +$210K +59,000 +110%

FSM Hedge Fund Activity: Q1 2023 in Review

135 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q1 2023, worth a combined $328M — up 14% from $286M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of FSM and 15 opened new positions — a net loss of 5 holders — while 39 trimmed existing stakes and 44 added.

The largest buyer was VanEck Associates, adding an estimated $10.6M. The largest seller was Jane Street, cutting an estimated $3.37M.

  • 135 institutional investors held Fortuna Silver Mines (FSM) as of Q1 2023, down from 141 in Q4 2022.
  • Funds reported $328M of Fortuna Silver Mines stock for Q1 2023, up 14% quarter-over-quarter.
  • 15 funds opened new Fortuna Silver Mines positions in Q1 2023 and 20 closed out, a net change of -5 holders.
  • The largest Fortuna Silver Mines buyer in Q1 2023 was VanEck Associates, an estimated $10.6M added.
  • The largest Fortuna Silver Mines seller in Q1 2023 was Jane Street, an estimated $3.37M sold.

Based on aggregated 13F filings for Q1 2023.