Fortuna Silver Mines
100 hedge funds and large institutions have $281M invested in Fortuna Silver Mines in 2017 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 42 increasing their positions, 24 reducing their positions, and 21 closing their positions.
553% more call options, than puts
Call options by funds: $5.33M | Put options by funds: $816K
75% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 24
1.91% less ownership
Funds ownership: 42.19% → 40.28% (-1.9%)
12% less funds holding
Funds holding: 114 → 100 (-14)
15% less capital invested
Capital invested by funds: $330M → $281M (-$48.8M)
57% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$6.66M |
| 2 |
GF
Gabelli Funds
Rye,
New York
|
+$5.51M |
| 3 |
ISL
Ingalls & Snyder LLC
New York
|
+$4.59M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$3.37M |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$8.67M |
| 2 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$5.23M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.63M |
| 4 |
D.E. Shaw & Co
New York
|
-$3.89M |
| 5 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$3.88M |
FSM Hedge Fund Activity: Q3 2017 in Review
100 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q3 2017, worth a combined $281M — down 15% from $330M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of FSM and 9 opened new positions — a net loss of 12 holders — while 24 trimmed existing stakes and 42 added.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), adding an estimated $6.66M. The largest seller was Fiera Capital (Canada), exiting entirely with an estimated $8.67M sold.
- 100 institutional investors held Fortuna Silver Mines (FSM) as of Q3 2017, down from 114 in Q2 2017.
- Funds reported $281M of Fortuna Silver Mines stock for Q3 2017, down 15% quarter-over-quarter.
- 9 funds opened new Fortuna Silver Mines positions in Q3 2017 and 21 closed out, a net change of -12 holders.
- The largest Fortuna Silver Mines buyer in Q3 2017 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $6.66M added.
- The largest Fortuna Silver Mines seller in Q3 2017 was Fiera Capital (Canada), an estimated $8.67M sold.
Based on aggregated 13F filings for Q3 2017.