Fortuna Silver Mines
67 hedge funds and large institutions have $188M invested in Fortuna Silver Mines in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 29 increasing their positions, 14 reducing their positions, and 10 closing their positions.
107% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 14
39% more call options, than puts
Call options by funds: $332K | Put options by funds: $238K
33% more capital invested
Capital invested by funds: $142M → $188M (+$46.4M)
1.41% more ownership
Funds ownership: 39.12% → 40.53% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less funds holding
Funds holding: 69 → 67 (-2)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
+$3.46M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.77M |
| 3 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$1.28M |
| 4 |
D.E. Shaw & Co
New York
|
+$1.16M |
| 5 |
NEI
Northwest & Ethical Investments
Toronto,
Ontario, Canada
|
+$925K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$2.86M |
| 2 |
CC
CQS Cayman
Camana Bay, Grand Cayman,
Cayman Islands
|
-$1.99M |
| 3 |
EPIM
Equinox Partners Investment Management
Stamford,
Connecticut
|
-$1.98M |
| 4 |
PI
PineBridge Investments
New York
|
-$600K |
| 5 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$291K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Group One Trading
Chicago,
Illinois
| – | -$25K | -6,429 | Closed |
|
FSM Hedge Fund Activity: Q1 2014 in Review
67 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q1 2014, worth a combined $188M — up 33% from $142M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FSM and 8 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 29 added.
The largest buyer was Montrusco Bolton Investments, adding an estimated $3.46M. The largest seller was Hillsdale Investment Management, cutting an estimated $2.86M.
- 67 institutional investors held Fortuna Silver Mines (FSM) as of Q1 2014, down from 69 in Q4 2013.
- Funds reported $188M of Fortuna Silver Mines stock for Q1 2014, up 33% quarter-over-quarter.
- 8 funds opened new Fortuna Silver Mines positions in Q1 2014 and 10 closed out, a net change of -2 holders.
- The largest Fortuna Silver Mines buyer in Q1 2014 was Montrusco Bolton Investments, an estimated $3.46M added.
- The largest Fortuna Silver Mines seller in Q1 2014 was Hillsdale Investment Management, an estimated $2.86M sold.
Based on aggregated 13F filings for Q1 2014.