Fortuna Silver Mines
93 hedge funds and large institutions have $520M invested in Fortuna Silver Mines in 2016 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 37 increasing their positions, 32 reducing their positions, and 13 closing their positions.
600% more call options, than puts
Call options by funds: $15.2M | Put options by funds: $2.17M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
16% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 32
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
9% more capital invested
Capital invested by funds: $477M → $520M (+$42.4M)
1% more funds holding
Funds holding: 92 → 93 (+1)
3.12% less ownership
Funds ownership: 53.19% → 50.06% (-3.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$58.9M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$12.1M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.22M |
| 4 |
Two Sigma Investments
New York
|
+$3.65M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$3.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
-$23.4M |
| 2 |
O
OppenheimerFunds
New York
|
-$12.1M |
| 3 |
Renaissance Technologies
New York
|
-$6.93M |
| 4 |
EPIM
Equinox Partners Investment Management
Stamford,
Connecticut
|
-$6.05M |
| 5 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$5.77M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACI
101
AMP Capital Investors
Sydney,
Australia
| – | -$275K | -40,100 | Closed |
|
|
BIM
102
Bogle Investment Management
Newton Lower Falls,
Massachusetts
| – | -$155K | -22,302 | Closed |
|
|
EGM
103
Engineers Gate Manager
New York
| – | -$70K | -10,000 | Closed |
|
104
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$67K | -9,600 | Closed |
|
|
NIT
105
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$1K | -200 | Closed |
|
|
PCM
106
Prelude Capital Management
New York
| – | -$1K | -100 | Closed |
|
FSM Hedge Fund Activity: Q3 2016 in Review
93 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q3 2016, worth a combined $520M — up 8.9% from $477M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FSM positions and 13 closed out — a net gain of 2 holders — while 37 added to existing stakes and 32 trimmed.
The largest buyer was VanEck Associates, adding an estimated $58.9M. The largest seller was Montrusco Bolton Investments, cutting an estimated $23.4M.
- 93 institutional investors held Fortuna Silver Mines (FSM) as of Q3 2016, up from 92 in Q2 2016.
- Funds reported $520M of Fortuna Silver Mines stock for Q3 2016, up 8.9% quarter-over-quarter.
- 15 funds opened new Fortuna Silver Mines positions in Q3 2016 and 13 closed out, a net change of +2 holders.
- The largest Fortuna Silver Mines buyer in Q3 2016 was VanEck Associates, an estimated $58.9M added.
- The largest Fortuna Silver Mines seller in Q3 2016 was Montrusco Bolton Investments, an estimated $23.4M sold.
Based on aggregated 13F filings for Q3 2016.