Fortuna Silver Mines
82 hedge funds and large institutions have $298M invested in Fortuna Silver Mines in 2014 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 34 increasing their positions, 27 reducing their positions, and 10 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
26% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 27
11% more capital invested
Capital invested by funds: $269M → $298M (+$28.7M)
1.85% less ownership
Funds ownership: 52.16% → 50.32% (-1.8%)
4% less funds holding
Funds holding: 85 → 82 (-3)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
85% less call options, than puts
Call options by funds: $19K | Put options by funds: $129K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$5.71M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.15M |
| 3 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
+$4.47M |
| 4 |
ISL
Ingalls & Snyder LLC
New York
|
+$1.9M |
| 5 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$1.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$23.6M |
| 2 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$8.71M |
| 3 |
EPIM
Equinox Partners Investment Management
Stamford,
Connecticut
|
-$2.08M |
| 4 |
Zurich Cantonal Bank
Zurich,
Switzerland
|
-$1.33M |
| 5 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$1.2M |
FSM Hedge Fund Activity: Q4 2014 in Review
82 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q4 2014, worth a combined $298M — up 11% from $269M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FSM and 8 opened new positions — a net loss of 2 holders — while 27 trimmed existing stakes and 34 added.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), adding an estimated $5.71M. The largest seller was VanEck Associates, cutting an estimated $23.6M.
- 82 institutional investors held Fortuna Silver Mines (FSM) as of Q4 2014, down from 85 in Q3 2014.
- Funds reported $298M of Fortuna Silver Mines stock for Q4 2014, up 11% quarter-over-quarter.
- 8 funds opened new Fortuna Silver Mines positions in Q4 2014 and 10 closed out, a net change of -2 holders.
- The largest Fortuna Silver Mines buyer in Q4 2014 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $5.71M added.
- The largest Fortuna Silver Mines seller in Q4 2014 was VanEck Associates, an estimated $23.6M sold.
Based on aggregated 13F filings for Q4 2014.