Fortuna Silver Mines
117 hedge funds and large institutions have $216M invested in Fortuna Silver Mines in 2019 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 34 increasing their positions, 38 reducing their positions, and 19 closing their positions.
280% more call options, than puts
Call options by funds: $3.87M | Put options by funds: $1.02M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less funds holding
Funds holding: 120 → 117 (-3)
4.71% less ownership
Funds ownership: 46.16% → 41.46% (-4.7%)
11% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 19
11% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 38
21% less capital invested
Capital invested by funds: $274M → $216M (-$58.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$4.71M |
| 2 |
Two Sigma Investments
New York
|
+$2.36M |
| 3 |
RL
Ruffer LLP
London,
United Kingdom
|
+$2.02M |
| 4 |
Morgan Stanley
New York
|
+$1.58M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPIM
Equinox Partners Investment Management
Stamford,
Connecticut
|
-$9.11M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$7.18M |
| 3 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
-$5.33M |
| 4 |
VanEck Associates
New York
|
-$5.23M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$4.95M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Invesco
Atlanta,
Georgia
| – | -$108K | -29,737 | Closed |
|
127
Parallax Volatility Advisers
San Francisco,
California
| – | -$92K | -25,394 | Closed |
|
|
CIM
128
Confluence Investment Management
St. Louis,
Missouri
| – | -$73K | -20,088 | Closed |
|
|
PI
129
PEAK6 Investments
Chicago,
Illinois
| – | -$65K | -17,823 | Closed |
|
|
FHA
130
First Horizon Advisors
Memphis,
Tennessee
| – | -$27K | -7,500 | Closed |
|
131
SEI Investments
Oaks,
Pennsylvania
| – | -$32K | -7,211 | Closed |
|
|
CI
132
CX Institutional
Auburn,
Indiana
| – | -$7K | -1,945 | Closed |
|
|
LIA
133
LS Investment Advisors
Bloomfield Hills,
Michigan
| – | -$6K | -1,600 | Closed |
|
|
PA
134
Parallel Advisors
San Francisco,
California
| – | +$7 | +2 | New |
|
|
FGAM
135
Financial Gravity Asset Management
Lakeway,
Texas
| – | +$404 | +109 | New |
|
FSM Hedge Fund Activity: Q1 2019 in Review
117 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q1 2019, worth a combined $216M — down 21% from $274M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of FSM and 17 opened new positions — a net loss of 2 holders — while 38 trimmed existing stakes and 34 added.
The largest buyer was Renaissance Technologies, adding an estimated $4.71M. The largest seller was Equinox Partners Investment Management, cutting an estimated $9.11M.
- 117 institutional investors held Fortuna Silver Mines (FSM) as of Q1 2019, down from 120 in Q4 2018.
- Funds reported $216M of Fortuna Silver Mines stock for Q1 2019, down 21% quarter-over-quarter.
- 17 funds opened new Fortuna Silver Mines positions in Q1 2019 and 19 closed out, a net change of -2 holders.
- The largest Fortuna Silver Mines buyer in Q1 2019 was Renaissance Technologies, an estimated $4.71M added.
- The largest Fortuna Silver Mines seller in Q1 2019 was Equinox Partners Investment Management, an estimated $9.11M sold.
Based on aggregated 13F filings for Q1 2019.