Fortuna Silver Mines
62 hedge funds and large institutions have $171M invested in Fortuna Silver Mines in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 19 reducing their positions, and 9 closing their positions.
56% more call options, than puts
Call options by funds: $485K | Put options by funds: $310K
21% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 19
8% more capital invested
Capital invested by funds: $159M → $171M (+$12.8M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.2% less ownership
Funds ownership: 37.75% → 37.56% (-0.2%)
5% less funds holding
Funds holding: 65 → 62 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
+$3.54M |
| 2 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$968K |
| 3 |
CC
CQS Cayman
Camana Bay, Grand Cayman,
Cayman Islands
|
+$754K |
| 4 |
VanEck Associates
New York
|
+$417K |
| 5 |
NEI
Northwest & Ethical Investments
Toronto,
Ontario, Canada
|
+$333K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$4.25M |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$1.16M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$849K |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$666K |
| 5 |
Morgan Stanley
New York
|
-$456K |
FSM Hedge Fund Activity: Q3 2013 in Review
62 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q3 2013, worth a combined $171M — up 8% from $159M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FSM and 6 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 23 added.
The largest buyer was Montrusco Bolton Investments, adding an estimated $3.54M. The largest seller was Sentry Investments, cutting an estimated $4.25M.
- 62 institutional investors held Fortuna Silver Mines (FSM) as of Q3 2013, down from 65 in Q2 2013.
- Funds reported $171M of Fortuna Silver Mines stock for Q3 2013, up 8% quarter-over-quarter.
- 6 funds opened new Fortuna Silver Mines positions in Q3 2013 and 9 closed out, a net change of -3 holders.
- The largest Fortuna Silver Mines buyer in Q3 2013 was Montrusco Bolton Investments, an estimated $3.54M added.
- The largest Fortuna Silver Mines seller in Q3 2013 was Sentry Investments, an estimated $4.25M sold.
Based on aggregated 13F filings for Q3 2013.