Fortuna Silver Mines
157 hedge funds and large institutions have $411M invested in Fortuna Silver Mines in 2024 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 53 increasing their positions, 48 reducing their positions, and 25 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 48
8% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 25
1% more funds holding
Funds holding: 156 → 157 (+1)
0.43% more ownership
Funds ownership: 35.25% → 35.67% (+0.43%)
1% less capital invested
Capital invested by funds: $417M → $411M (-$5.98M)
4% less call options, than puts
Call options by funds: $5M | Put options by funds: $5.2M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$15.4M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$5.91M |
| 3 |
VanEck Associates
New York
|
+$5.2M |
| 4 |
Goldman Sachs
New York
|
+$5.11M |
| 5 |
Renaissance Technologies
New York
|
+$4.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PVI
Pine Valley Investments
Marlton,
New Jersey
|
-$14.9M |
| 2 |
RL
Ruffer LLP
London,
United Kingdom
|
-$11.8M |
| 3 |
Morgan Stanley
New York
|
-$6.95M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$6.52M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Mariner
Overland Park,
Kansas
| – | -$43K | -11,145 | Closed |
|
177
Credit Agricole
Montrouge Cedex,
France
| – | -$18.9K | -4,900 | Closed |
|
|
CAM
178
Creekmur Asset Management
Morton,
Illinois
| – | -$18.2K | -4,705 | Closed |
|
|
ASN
179
Advisory Services Network
Atlanta,
Georgia
| – | -$6.18K | -1,600 | Closed |
|
|
CSWM
180
Cassady Schiller Wealth Management
Cincinnati,
Ohio
| – | -$2.42K | -627 | Closed |
|
|
BTI
181
Blue Trust Inc
Alpharetta,
Georgia
| – | -$2K | -568 | Closed |
|
|
PI
182
PEAK6 Investments
Chicago,
Illinois
| – | -$787 | -204 | Closed |
|
FSM Hedge Fund Activity: Q1 2024 in Review
157 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q1 2024, worth a combined $411M — down 1.4% from $417M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new FSM positions and 25 closed out — a net gain of 2 holders — while 53 added to existing stakes and 48 trimmed.
The largest buyer was Tidal Investments, adding an estimated $15.4M. The largest seller was Pine Valley Investments, cutting an estimated $14.9M.
- 157 institutional investors held Fortuna Silver Mines (FSM) as of Q1 2024, up from 156 in Q4 2023.
- Funds reported $411M of Fortuna Silver Mines stock for Q1 2024, down 1.4% quarter-over-quarter.
- 27 funds opened new Fortuna Silver Mines positions in Q1 2024 and 25 closed out, a net change of +2 holders.
- The largest Fortuna Silver Mines buyer in Q1 2024 was Tidal Investments, an estimated $15.4M added.
- The largest Fortuna Silver Mines seller in Q1 2024 was Pine Valley Investments, an estimated $14.9M sold.
Based on aggregated 13F filings for Q1 2024.