Fortuna Silver Mines
85 hedge funds and large institutions have $269M invested in Fortuna Silver Mines in 2014 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 27 increasing their positions, 23 reducing their positions, and 5 closing their positions.
200% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 5
17% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 23
13% more funds holding
Funds holding: 75 → 85 (+10)
10.02% more ownership
Funds ownership: 42.14% → 52.16% (+10%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
9% less capital invested
Capital invested by funds: $294M → $269M (-$25M)
96% less call options, than puts
Call options by funds: $8K | Put options by funds: $212K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$67.7M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$2.51M |
| 3 |
D.E. Shaw & Co
New York
|
+$1.73M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.24M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$4.36M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$4.1M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$1.43M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$1.37M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.29M |
FSM Hedge Fund Activity: Q3 2014 in Review
85 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q3 2014, worth a combined $269M — down 8.5% from $294M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FSM positions and 5 closed out — a net gain of 10 holders — while 27 added to existing stakes and 23 trimmed.
The largest buyer was VanEck Associates, adding an estimated $67.7M. The largest seller was Sprott Inc, cutting an estimated $4.36M.
- 85 institutional investors held Fortuna Silver Mines (FSM) as of Q3 2014, up from 75 in Q2 2014.
- Funds reported $269M of Fortuna Silver Mines stock for Q3 2014, down 8.5% quarter-over-quarter.
- 15 funds opened new Fortuna Silver Mines positions in Q3 2014 and 5 closed out, a net change of +10 holders.
- The largest Fortuna Silver Mines buyer in Q3 2014 was VanEck Associates, an estimated $67.7M added.
- The largest Fortuna Silver Mines seller in Q3 2014 was Sprott Inc, an estimated $4.36M sold.
Based on aggregated 13F filings for Q3 2014.