Fortuna Silver Mines
131 hedge funds and large institutions have $401M invested in Fortuna Silver Mines in 2020 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 52 increasing their positions, 25 reducing their positions, and 25 closing their positions.
108% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 25
40% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 25
16% more capital invested
Capital invested by funds: $345M → $401M (+$56.2M)
7% more funds holding
Funds holding: 123 → 131 (+8)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1% less call options, than puts
Call options by funds: $9.93M | Put options by funds: $10.1M
3.42% less ownership
Funds ownership: 37.95% → 34.53% (-3.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$24.9M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$6.08M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$6M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.24M |
| 5 |
VanEck Associates
New York
|
+$4.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$29M |
| 2 |
RL
Ruffer LLP
London,
United Kingdom
|
-$24.5M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$8.83M |
| 4 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$5.48M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$5.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TI
151
tru Independence
Portland,
Oregon
| – | -$12 | -2,450 | Closed |
|
|
RDWM
152
Red Door Wealth Management
Memphis,
Tennessee
| – | -$10K | -1,965 | Closed |
|
153
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$7K | -1,370 | Closed |
|
|
BFEC
154
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$6K | -1,200 | Closed |
|
FSM Hedge Fund Activity: Q3 2020 in Review
131 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q3 2020, worth a combined $401M — up 16% from $345M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new FSM positions and 25 closed out — a net gain of 10 holders — while 52 added to existing stakes and 25 trimmed.
The largest buyer was Jupiter Asset Management, opening a new position worth an estimated $24.9M. The largest seller was Renaissance Technologies, cutting an estimated $29M.
- 131 institutional investors held Fortuna Silver Mines (FSM) as of Q3 2020, up from 123 in Q2 2020.
- Funds reported $401M of Fortuna Silver Mines stock for Q3 2020, up 16% quarter-over-quarter.
- 35 funds opened new Fortuna Silver Mines positions in Q3 2020 and 25 closed out, a net change of +10 holders.
- The largest Fortuna Silver Mines buyer in Q3 2020 was Jupiter Asset Management, an estimated $24.9M added.
- The largest Fortuna Silver Mines seller in Q3 2020 was Renaissance Technologies, an estimated $29M sold.
Based on aggregated 13F filings for Q3 2020.