Fortuna Silver Mines
142 hedge funds and large institutions have $297M invested in Fortuna Silver Mines in 2023 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 51 increasing their positions, 25 reducing their positions, and 17 closing their positions.
104% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 25
47% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 17
5% more funds holding
Funds holding: 135 → 142 (+7)
1.62% more ownership
Funds ownership: 29.8% → 31.41% (+1.6%)
10% less capital invested
Capital invested by funds: $328M → $297M (-$31.2M)
29% less call options, than puts
Call options by funds: $4.61M | Put options by funds: $6.49M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$9.39M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$4.75M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.8M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$2.67M |
| 5 |
Goldman Sachs
New York
|
+$2.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$11.4M |
| 2 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$2.85M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$2.47M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.73M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$1.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
State of Wisconsin Investment Board
Madison,
Wisconsin
| – | -$66.5K | -17,464 | Closed |
|
|
BAM
152
Belpointe Asset Management
Reno,
Nevada
| – | -$59.2K | -15,491 | Closed |
|
153
Two Sigma Investments
New York
| – | -$58.3K | -15,260 | Closed |
|
154
Two Sigma Advisers
New York
| – | -$56.2K | -14,700 | Closed |
|
155
Arrowstreet Capital
Boston,
Massachusetts
| – | -$54K | -14,241 | Closed |
|
|
VHAM
156
Van Hulzen Asset Management
El Dorado Hills,
California
| – | -$43K | -11,220 | Closed |
|
|
BBA
157
Baader Bank Aktiengesellschaft
Unterschleissheim,
Germany
| – | -$22.8K | -10,393 | Closed |
|
|
ASN
158
Advisory Services Network
Atlanta,
Georgia
| – | -$35.7K | -9,340 | Closed |
|
159
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$5K | -1,308 | Closed |
|
FSM Hedge Fund Activity: Q2 2023 in Review
142 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q2 2023, worth a combined $297M — down 9.5% from $328M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new FSM positions and 17 closed out — a net gain of 8 holders — while 51 added to existing stakes and 25 trimmed.
The largest buyer was Mackenzie Financial, adding an estimated $9.39M. The largest seller was VanEck Associates, cutting an estimated $11.4M.
- 142 institutional investors held Fortuna Silver Mines (FSM) as of Q2 2023, up from 135 in Q1 2023.
- Funds reported $297M of Fortuna Silver Mines stock for Q2 2023, down 9.5% quarter-over-quarter.
- 25 funds opened new Fortuna Silver Mines positions in Q2 2023 and 17 closed out, a net change of +8 holders.
- The largest Fortuna Silver Mines buyer in Q2 2023 was Mackenzie Financial, an estimated $9.39M added.
- The largest Fortuna Silver Mines seller in Q2 2023 was VanEck Associates, an estimated $11.4M sold.
Based on aggregated 13F filings for Q2 2023.