Fortuna Silver Mines
81 hedge funds and large institutions have $130M invested in Fortuna Silver Mines in 2015 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 29 increasing their positions, 25 reducing their positions, and 16 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 25
5.63% less ownership
Funds ownership: 50.74% → 45.11% (-5.6%)
10% less funds holding
Funds holding: 90 → 81 (-9)
47% less capital invested
Capital invested by funds: $244M → $130M (-$114M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
54% less call options, than puts
Call options by funds: $87K | Put options by funds: $188K
56% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
+$2.95M |
| 2 |
CSM
Central Square Management
Naperville,
Illinois
|
+$2M |
| 3 |
EPIM
Equinox Partners Investment Management
Stamford,
Connecticut
|
+$1.44M |
| 4 |
VanEck Associates
New York
|
+$1.2M |
| 5 |
O
OppenheimerFunds
New York
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$5.71M |
| 2 |
BlackRock
New York
|
-$5.5M |
| 3 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$4.76M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$4.44M |
| 5 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$4.02M |
FSM Hedge Fund Activity: Q3 2015 in Review
81 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q3 2015, worth a combined $130M — down 47% from $244M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FSM and 7 opened new positions — a net loss of 9 holders — while 25 trimmed existing stakes and 29 added.
The largest buyer was Montrusco Bolton Investments, adding an estimated $2.95M. The largest seller was Sprott Inc, cutting an estimated $5.71M.
- 81 institutional investors held Fortuna Silver Mines (FSM) as of Q3 2015, down from 90 in Q2 2015.
- Funds reported $130M of Fortuna Silver Mines stock for Q3 2015, down 47% quarter-over-quarter.
- 7 funds opened new Fortuna Silver Mines positions in Q3 2015 and 16 closed out, a net change of -9 holders.
- The largest Fortuna Silver Mines buyer in Q3 2015 was Montrusco Bolton Investments, an estimated $2.95M added.
- The largest Fortuna Silver Mines seller in Q3 2015 was Sprott Inc, an estimated $5.71M sold.
Based on aggregated 13F filings for Q3 2015.