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Fortuna Silver Mines

69 hedge funds and large institutions have $142M invested in Fortuna Silver Mines in 2013 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 16 increasing their positions, 21 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

140% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 5

11% more funds holding

Funds holding: 6269 (+7)

1.56% more ownership

Funds ownership: 37.56%39.12% (+1.6%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

17% less capital invested

Capital invested by funds: $171M → $142M (-$29.8M)

24% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 21

76% less call options, than puts

Call options by funds: $59K | Put options by funds: $248K

Holders
69
Holders Change
+7
Holders Change %
+11.29%
% of All Funds
2%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
12
Increased
16
Reduced
21
Closed
5
Calls
$59K
Puts
$248K
Net Calls
-$189K
Net Calls Change
-$364K
Name Holding Trade Value Shares
Change
Change in
Stake
SI
1
Sprott Inc
Ontario, Canada
$25.9M -$161K -47,800 -0.5%
SI
2
Sentry Investments
Ontario, Canada
$23.7M
EPIM
3
Equinox Partners Investment Management
Connecticut
$23.6M -$2.53M -748,833 -8%
MBI
4
Montrusco Bolton Investments
Quebec, Canada
$19.6M +$1.47M +436,600 +7%
Canada Pension Plan Investment Board
5
Canada Pension Plan Investment Board
Ontario, Canada
$4.5M +$68.7K +20,349 +1%
IIM
6
Intact Investment Management
Quebec, Canada
$3.88M +$749K +221,800 +21%
TD Asset Management
7
TD Asset Management
Ontario, Canada
$3.7M -$26.3K -7,800 -0.6%
Public Sector Pension Investment Board (PSP Investments)
8
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$3.3M -$142K -42,000 -4%
BIT
9
BlackRock Institutional Trust
California
$3M -$45.1K -13,368 -1%
BlackRock
10
BlackRock
New York
$2.74M -$771K -228,498 -19%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$2.73M +$2.38M +704,609 +284%
HIM
12
Hillsdale Investment Management
Ontario, Canada
$2.63M +$229K +67,894 +8%
1832 Asset Management
13
1832 Asset Management
Ontario, Canada
$2.57M +$3.09M +914,000 New
NEI
14
Northwest & Ethical Investments
Ontario, Canada
$2.2M +$65.4K +19,360 +3%
VanEck Associates
15
VanEck Associates
New York
$2.09M +$770K +228,000 +46%
Mackenzie Financial
16
Mackenzie Financial
Ontario, Canada
$2.04M
CC
17
CQS Cayman
Cayman Islands
$1.99M
RFC
18
Russell Frank Company
Washington
$1.58M +$1.05M +310,000 +272%
CS
19
Credit Suisse
Switzerland
$1.54M +$1.81M +535,662 New
AII
20
AGF Investments Inc
Ontario, Canada
$1.31M -$6.39K -1,893 -0.4%
Zurich Cantonal Bank
21
Zurich Cantonal Bank
Switzerland
$759K
PI
22
PineBridge Investments
New York
$600K -$103K -30,660 -13%
OCM
23
Orrell Capital Management
California
$574K
Deutsche Bank
24
Deutsche Bank
Germany
$523K +$606K +179,635 +5,810%
TC
25
TFS Capital
Pennsylvania
$421K -$370K -109,693 -43%

FSM Hedge Fund Activity: Q4 2013 in Review

69 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q4 2013, worth a combined $142M — down 17% from $171M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new FSM positions and 5 closed out — a net gain of 7 holders — while 16 added to existing stakes and 21 trimmed.

The largest buyer was 1832 Asset Management, opening a new position worth an estimated $3.09M. The largest seller was Equinox Partners Investment Management, cutting an estimated $2.53M.

  • 69 institutional investors held Fortuna Silver Mines (FSM) as of Q4 2013, up from 62 in Q3 2013.
  • Funds reported $142M of Fortuna Silver Mines stock for Q4 2013, down 17% quarter-over-quarter.
  • 12 funds opened new Fortuna Silver Mines positions in Q4 2013 and 5 closed out, a net change of +7 holders.
  • The largest Fortuna Silver Mines buyer in Q4 2013 was 1832 Asset Management, an estimated $3.09M added.
  • The largest Fortuna Silver Mines seller in Q4 2013 was Equinox Partners Investment Management, an estimated $2.53M sold.

Based on aggregated 13F filings for Q4 2013.