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Fortuna Silver Mines

89 hedge funds and large institutions have $251M invested in Fortuna Silver Mines in 2015 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 34 increasing their positions, 30 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 6

13% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 30

9% more funds holding

Funds holding: 8289 (+7)

0.52% more ownership

Funds ownership: 50.32%50.84% (+0.52%)

16% less capital invested

Capital invested by funds: $298M → $251M (-$46.1M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

62% less call options, than puts

Call options by funds: $59K | Put options by funds: $155K

Holders
89
Holders Change
+7
Holders Change %
+8.54%
% of All Funds
2.37%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
13
Increased
34
Reduced
30
Closed
6
Calls
$59K
Puts
$155K
Net Calls
-$96K
Net Calls Change
+$14K
Name Holding Trade Value Shares
Change
Change in
Stake
MBI
1
Montrusco Bolton Investments
Quebec, Canada
$45.2M +$9.39M +2,130,963 +22%
VanEck Associates
2
VanEck Associates
New York
$36.3M +$4.39M +995,394 +12%
EPIM
3
Equinox Partners Investment Management
Connecticut
$24.5M -$3.12M -708,700 -10%
SI
4
Sentry Investments
Ontario, Canada
$19.5M -$15.5M -3,508,400 -46%
SI
5
Sprott Inc
Ontario, Canada
$18.9M -$5.51M -1,250,000 -20%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$12.3M +$1.96M +444,283 +16%
Connor, Clark & Lunn Investment Management (CC&L)
7
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$11.9M +$5.08M +1,152,600 +58%
IIM
8
Intact Investment Management
Quebec, Canada
$7.81M +$882K +200,100 +14%
DC
9
Davenport & Co
Virginia
$6.61M +$7.02M +1,592,606 +1,230%
Canada Pension Plan Investment Board
10
Canada Pension Plan Investment Board
Ontario, Canada
$5.89M -$831K -188,500 -11%
BFA
11
BlackRock Fund Advisors
California
$5.35M +$437K +99,208 +8%
BlackRock
12
BlackRock
New York
$4.83M +$1.09M +247,540 +25%
NEI
13
Northwest & Ethical Investments
Ontario, Canada
$4.47M -$67.7K -15,350 -1%
Public Sector Pension Investment Board (PSP Investments)
14
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$4.16M -$194K -44,100 -4%
BIT
15
BlackRock Institutional Trust
California
$3.66M +$20K +4,538 +0.5%
TD Asset Management
16
TD Asset Management
Ontario, Canada
$3.43M -$739K -167,700 -16%
Mackenzie Financial
17
Mackenzie Financial
Ontario, Canada
$3.2M +$26.9K +6,100 +0.7%
AA
18
ALPS Advisors
Colorado
$3.12M +$1.61M +365,465 +82%
D.E. Shaw & Co
19
D.E. Shaw & Co
New York
$2.9M -$223K -50,700 -6%
USGIU
20
U.S. Global Investors (USGI)
Texas
$2.69M
Two Sigma Investments
21
Two Sigma Investments
New York
$2.29M +$979K +222,097 +58%
ISL
22
Ingalls & Snyder LLC
New York
$2.05M +$400K +90,800 +20%
Renaissance Technologies
23
Renaissance Technologies
New York
$1.64M +$736K +167,000 +64%
Deutsche Bank
24
Deutsche Bank
Germany
$1.52M +$1.39M +315,015 +393%
CS
25
Credit Suisse
Switzerland
$1.42M +$286K +64,924 +21%

FSM Hedge Fund Activity: Q1 2015 in Review

89 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q1 2015, worth a combined $251M — down 16% from $298M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new FSM positions and 6 closed out — a net gain of 7 holders — while 34 added to existing stakes and 30 trimmed.

The largest buyer was Montrusco Bolton Investments, adding an estimated $9.39M. The largest seller was Sentry Investments, cutting an estimated $15.5M.

  • 89 institutional investors held Fortuna Silver Mines (FSM) as of Q1 2015, up from 82 in Q4 2014.
  • Funds reported $251M of Fortuna Silver Mines stock for Q1 2015, down 16% quarter-over-quarter.
  • 13 funds opened new Fortuna Silver Mines positions in Q1 2015 and 6 closed out, a net change of +7 holders.
  • The largest Fortuna Silver Mines buyer in Q1 2015 was Montrusco Bolton Investments, an estimated $9.39M added.
  • The largest Fortuna Silver Mines seller in Q1 2015 was Sentry Investments, an estimated $15.5M sold.

Based on aggregated 13F filings for Q1 2015.