Fortuna Silver Mines
123 hedge funds and large institutions have $345M invested in Fortuna Silver Mines in 2020 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 43 increasing their positions, 32 reducing their positions, and 14 closing their positions.
204% more capital invested
Capital invested by funds: $114M → $345M (+$232M)
121% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 14
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
34% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 32
16% more funds holding
Funds holding: 106 → 123 (+17)
6.08% more ownership
Funds ownership: 31.87% → 37.95% (+6.1%)
1% more call options, than puts
Call options by funds: $5.54M | Put options by funds: $5.51M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$39.8M |
| 2 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$14.5M |
| 3 |
CI
CPMG Inc
Dallas,
Texas
|
+$9.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.97M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$4.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RL
Ruffer LLP
London,
United Kingdom
|
-$5.06M |
| 2 |
Millennium Management
New York
|
-$4.81M |
| 3 |
Renaissance Technologies
New York
|
-$3.99M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.16M |
| 5 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$1.98M |
FSM Hedge Fund Activity: Q2 2020 in Review
123 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q2 2020, worth a combined $345M — up 204% from $114M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new FSM positions and 14 closed out — a net gain of 17 holders — while 43 added to existing stakes and 32 trimmed.
The largest buyer was VanEck Associates, adding an estimated $39.8M. The largest seller was Ruffer LLP, cutting an estimated $5.06M.
- 123 institutional investors held Fortuna Silver Mines (FSM) as of Q2 2020, up from 106 in Q1 2020.
- Funds reported $345M of Fortuna Silver Mines stock for Q2 2020, up 204% quarter-over-quarter.
- 31 funds opened new Fortuna Silver Mines positions in Q2 2020 and 14 closed out, a net change of +17 holders.
- The largest Fortuna Silver Mines buyer in Q2 2020 was VanEck Associates, an estimated $39.8M added.
- The largest Fortuna Silver Mines seller in Q2 2020 was Ruffer LLP, an estimated $5.06M sold.
Based on aggregated 13F filings for Q2 2020.