Fortuna Silver Mines
114 hedge funds and large institutions have $330M invested in Fortuna Silver Mines in 2017 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 44 increasing their positions, 33 reducing their positions, and 14 closing their positions.
50% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 14
33% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 33
5% more funds holding
Funds holding: 109 → 114 (+5)
8.38% less ownership
Funds ownership: 50.57% → 42.19% (-8.4%)
15% less capital invested
Capital invested by funds: $390M → $330M (-$60.2M)
19% less call options, than puts
Call options by funds: $1.2M | Put options by funds: $1.48M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$8.04M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$5.86M |
| 3 |
MWNA
Marshall Wace North America
New York
|
+$5.57M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.03M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$4.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$69.4M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$21.6M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$5.84M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$4.74M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$2.05M |
FSM Hedge Fund Activity: Q2 2017 in Review
114 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q2 2017, worth a combined $330M — down 15% from $390M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FSM positions and 14 closed out — a net gain of 7 holders — while 44 added to existing stakes and 33 trimmed.
The largest buyer was Fiera Capital (Canada), adding an estimated $8.04M. The largest seller was VanEck Associates, cutting an estimated $69.4M.
- 114 institutional investors held Fortuna Silver Mines (FSM) as of Q2 2017, up from 109 in Q1 2017.
- Funds reported $330M of Fortuna Silver Mines stock for Q2 2017, down 15% quarter-over-quarter.
- 21 funds opened new Fortuna Silver Mines positions in Q2 2017 and 14 closed out, a net change of +7 holders.
- The largest Fortuna Silver Mines buyer in Q2 2017 was Fiera Capital (Canada), an estimated $8.04M added.
- The largest Fortuna Silver Mines seller in Q2 2017 was VanEck Associates, an estimated $69.4M sold.
Based on aggregated 13F filings for Q2 2017.