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Fortuna Silver Mines

203 hedge funds and large institutions have $1.22B invested in Fortuna Silver Mines in 2025 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 58 increasing their positions, 67 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more call options, than puts

Call options by funds: $25.5M | Put options by funds: $11.3M

114% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 22

13% more funds holding

Funds holding: 179203 (+24)

13% more capital invested

Capital invested by funds: $1.08B → $1.22B (+$142M)

2.98% more ownership

Funds ownership: 57.61%60.6% (+3%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

13% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 67

Holders
203
Holders Change
+24
Holders Change %
+13.41%
% of All Funds
2.67%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
47
Increased
58
Reduced
67
Closed
22
Calls
$25.5M
Puts
$11.3M
Net Calls
+$14.1M
Net Calls Change
+$2.46M
Name Holding Trade Value Shares
Change
Change in
Stake
National Bank of Canada
26
National Bank of Canada
Quebec, Canada
$11.6M +$3.34M +538,760 +44%
DZ Bank
27
DZ Bank
Germany
$11.3M -$1.38M -223,274 -11%
JP Morgan Chase
28
JP Morgan Chase
New York
$10.7M -$10.6M -1,714,680 -51%
Qube Research & Technologies (QRT)
29
Qube Research & Technologies (QRT)
United Kingdom
$10.6M +$8.39M +1,353,605 +515%
Two Sigma Advisers
30
Two Sigma Advisers
New York
$8.78M -$4.78M -771,700 -36%
Russell Investments Group
31
Russell Investments Group
United Kingdom
$7.44M +$1.26M +203,268 +22%
Royal Bank of Canada
32
Royal Bank of Canada
Ontario, Canada
$6.96M -$584K -94,354 -8%
OSAM
33
O'Shaughnessy Asset Management
Connecticut
$6.76M +$6.4M +1,032,980 New
Legal & General Group
34
Legal & General Group
United Kingdom
$6.59M +$1.01M +163,017 +19%
CSS
35
Cubist Systematic Strategies
Connecticut
$6.3M -$6.94M -1,119,587 -54%
Deutsche Bank
36
Deutsche Bank
Germany
$5.43M +$569K +91,791 +12%
SI
37
Sprott Inc
Ontario, Canada
$5.25M -$272K -43,932 -5%
Ohio Public Employees Retirement System (OPERS)
38
Ohio Public Employees Retirement System (OPERS)
Ohio
$5.15M +$772K +124,687 +19%
Bank of America
39
Bank of America
North Carolina
$4.23M -$2.92M -471,305 -42%
SA
40
Sicart Associates
New York
$4.18M -$71.5K -11,547 -2%
YIH
41
Y-Intercept (HK)
Hong Kong
$3.97M +$3.76M +606,418 New
Balyasny Asset Management
42
Balyasny Asset Management
Illinois
$3.89M +$776K +125,200 +27%
Swiss National Bank
43
Swiss National Bank
Switzerland
$3.84M -$131K -21,100 -3%
GAM
44
Gotham Asset Management
New York
$3.68M +$1M +161,974 +40%
USGIU
45
U.S. Global Investors (USGI)
Texas
$3.62M -$146K -23,571 -4%
UBS AM
46
UBS AM
Illinois
$3.57M -$1.82M -294,034 -35%
TIAA Trust, National Association
47
TIAA Trust, National Association
North Carolina
$2.85M +$2.7M +436,540 New
Toronto Dominion Bank
48
Toronto Dominion Bank
Ontario, Canada
$2.61M +$2.16M +349,209 +698%
EAM
49
Erste Asset Management
Austria
$2.45M +$1.22M +196,800 New
DLP
50
De Lisle Partners
United Kingdom
$2.45M +$85.3K +13,775 +4%

FSM Hedge Fund Activity: Q2 2025 in Review

203 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q2 2025, worth a combined $1.22B — up 13% from $1.08B a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new FSM positions and 22 closed out — a net gain of 25 holders — while 58 added to existing stakes and 67 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $43.5M. The largest seller was VanEck Associates, cutting an estimated $19.8M.

  • 203 institutional investors held Fortuna Silver Mines (FSM) as of Q2 2025, up from 179 in Q1 2025.
  • Funds reported $1.22B of Fortuna Silver Mines stock for Q2 2025, up 13% quarter-over-quarter.
  • 47 funds opened new Fortuna Silver Mines positions in Q2 2025 and 22 closed out, a net change of +25 holders.
  • The largest Fortuna Silver Mines buyer in Q2 2025 was Morgan Stanley, an estimated $43.5M added.
  • The largest Fortuna Silver Mines seller in Q2 2025 was VanEck Associates, an estimated $19.8M sold.

Based on aggregated 13F filings for Q2 2025.