Fortuna Silver Mines
146 hedge funds and large institutions have $299M invested in Fortuna Silver Mines in 2021 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 58 increasing their positions, 40 reducing their positions, and 36 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 40
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8.48% less ownership
Funds ownership: 34.53% → 26.05% (-8.5%)
9% less funds holding
Funds holding: 160 → 146 (-14)
16% less capital invested
Capital invested by funds: $356M → $299M (-$57.1M)
36% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 36
39% less call options, than puts
Call options by funds: $7.36M | Put options by funds: $12.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$50.9M |
| 2 |
RL
Ruffer LLP
London,
United Kingdom
|
+$19.4M |
| 3 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$5.72M |
| 4 |
EMG
ETF Managers Group
Summit,
New Jersey
|
+$4.81M |
| 5 |
Morgan Stanley
New York
|
+$4.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$19.8M |
| 2 |
CM
Condire Management
Dallas,
Texas
|
-$10.4M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$4.64M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$3.27M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
-$2.59M |
FSM Hedge Fund Activity: Q3 2021 in Review
146 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q3 2021, worth a combined $299M — down 16% from $356M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of FSM and 23 opened new positions — a net loss of 13 holders — while 40 trimmed existing stakes and 58 added.
The largest buyer was VanEck Associates, adding an estimated $50.9M. The largest seller was Jupiter Asset Management, exiting entirely with an estimated $19.8M sold.
- 146 institutional investors held Fortuna Silver Mines (FSM) as of Q3 2021, down from 160 in Q2 2021.
- Funds reported $299M of Fortuna Silver Mines stock for Q3 2021, down 16% quarter-over-quarter.
- 23 funds opened new Fortuna Silver Mines positions in Q3 2021 and 36 closed out, a net change of -13 holders.
- The largest Fortuna Silver Mines buyer in Q3 2021 was VanEck Associates, an estimated $50.9M added.
- The largest Fortuna Silver Mines seller in Q3 2021 was Jupiter Asset Management, an estimated $19.8M sold.
Based on aggregated 13F filings for Q3 2021.