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.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
11% more funds holding
Funds holding: 62 → 69 (+7)
1.59% more ownership
Funds ownership: 37.53% → 39.12% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
17% less capital invested
Capital invested by funds: $172M → $142M (-$29.9M)
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$3.09M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.38M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.81M |
| 4 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
+$1.47M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPIM
Equinox Partners Investment Management
Stamford,
Connecticut
|
-$2.53M |
| 2 |
BlackRock
New York
|
-$771K |
| 3 |
Morgan Stanley
New York
|
-$435K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$370K |
| 5 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$161K |
FSM Hedge Fund Activity: Q4 2013 in Review
69 of the 3,459 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 $172M 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.