Fortuna Silver Mines
120 hedge funds and large institutions have $195M invested in Fortuna Silver Mines in 2022 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 42 increasing their positions, 35 reducing their positions, and 19 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 35
1.23% less ownership
Funds ownership: 27.95% → 26.72% (-1.2%)
6% less funds holding
Funds holding: 128 → 120 (-8)
15% less capital invested
Capital invested by funds: $230M → $195M (-$35M)
21% less call options, than puts
Call options by funds: $3.39M | Put options by funds: $4.32M
32% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$4.45M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$3.72M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$2.15M |
| 4 |
Millennium Management
New York
|
+$1.99M |
| 5 |
EPAM
Euro Pacific Asset Management
Dorado,
Puerto Rico
|
+$1.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMG
ETF Managers Group
Summit,
New Jersey
|
-$8.16M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$4.74M |
| 3 |
VanEck Associates
New York
|
-$2.57M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.9M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$1.78M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Wellington Management Group
Boston,
Massachusetts
| – | -$100K | -35,374 | Closed |
|
|
ECM
127
ExodusPoint Capital Management
New York
| – | -$70K | -24,733 | Closed |
|
128
HSBC Holdings
London,
United Kingdom
| – | -$54K | -18,888 | Closed |
|
129
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$37K | -13,104 | Closed |
|
130
Citigroup
New York
| – | -$32K | -11,311 | Closed |
|
131
Northern Trust
Chicago,
Illinois
| – | -$28K | -10,000 | Closed |
|
|
GWM
132
Geneos Wealth Management
Englewood,
Colorado
| – | -$5K | -1,750 | Closed |
|
133
US Bancorp
Minneapolis,
Minnesota
| – | -$4K | -1,500 | Closed |
|
|
PFGIA
134
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$2K | -600 | Closed |
|
|
SBL
135
Sargent Bickham Lagudis
Boulder,
Colorado
| – | -$1K | -500 | Closed |
|
|
BTI
136
Blue Trust Inc
Alpharetta,
Georgia
| – | +$290 | +114 | New |
|
FSM Hedge Fund Activity: Q3 2022 in Review
120 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q3 2022, worth a combined $195M — down 15% from $230M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of FSM and 13 opened new positions — a net loss of 6 holders — while 35 trimmed existing stakes and 42 added.
The largest buyer was Renaissance Technologies, adding an estimated $4.45M. The largest seller was ETF Managers Group, exiting entirely with an estimated $8.16M sold.
- 120 institutional investors held Fortuna Silver Mines (FSM) as of Q3 2022, down from 128 in Q2 2022.
- Funds reported $195M of Fortuna Silver Mines stock for Q3 2022, down 15% quarter-over-quarter.
- 13 funds opened new Fortuna Silver Mines positions in Q3 2022 and 19 closed out, a net change of -6 holders.
- The largest Fortuna Silver Mines buyer in Q3 2022 was Renaissance Technologies, an estimated $4.45M added.
- The largest Fortuna Silver Mines seller in Q3 2022 was ETF Managers Group, an estimated $8.16M sold.
Based on aggregated 13F filings for Q3 2022.