Fortuna Silver Mines
135 hedge funds and large institutions have $257M invested in Fortuna Silver Mines in 2023 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 45 increasing their positions, 42 reducing their positions, and 18 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 42
0.54% more ownership
Funds ownership: 31.41% → 31.96% (+0.54%)
5% less funds holding
Funds holding: 142 → 135 (-7)
13% less capital invested
Capital invested by funds: $297M → $257M (-$39.8M)
28% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 18
41% less call options, than puts
Call options by funds: $3.69M | Put options by funds: $6.24M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RL
Ruffer LLP
London,
United Kingdom
|
+$3.92M |
| 2 |
PVI
Pine Valley Investments
Marlton,
New Jersey
|
+$2.34M |
| 3 |
MS
Maven Securities
St Helier,
Jersey
|
+$2.25M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$1.57M |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$1.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$3.65M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$3.22M |
| 3 |
Goldman Sachs
New York
|
-$1.81M |
| 4 |
PIMJS
PKO Investment Management Joint-Stock
Warsaw,
Poland
|
-$1.52M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.14M |
FSM Hedge Fund Activity: Q3 2023 in Review
135 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q3 2023, worth a combined $257M — down 13% from $297M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of FSM and 13 opened new positions — a net loss of 5 holders — while 42 trimmed existing stakes and 45 added.
The largest buyer was Ruffer LLP, adding an estimated $3.92M. The largest seller was American Century Companies, cutting an estimated $3.65M.
- 135 institutional investors held Fortuna Silver Mines (FSM) as of Q3 2023, down from 142 in Q2 2023.
- Funds reported $257M of Fortuna Silver Mines stock for Q3 2023, down 13% quarter-over-quarter.
- 13 funds opened new Fortuna Silver Mines positions in Q3 2023 and 18 closed out, a net change of -5 holders.
- The largest Fortuna Silver Mines buyer in Q3 2023 was Ruffer LLP, an estimated $3.92M added.
- The largest Fortuna Silver Mines seller in Q3 2023 was American Century Companies, an estimated $3.65M sold.
Based on aggregated 13F filings for Q3 2023.