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Fortuna Silver Mines

114 hedge funds and large institutions have $330M invested in Fortuna Silver Mines in 2017 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 44 increasing their positions, 33 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 14

33% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 33

5% more funds holding

Funds holding: 109114 (+5)

8.38% less ownership

Funds ownership: 50.57%42.19% (-8.4%)

15% less capital invested

Capital invested by funds: $390M → $330M (-$60.2M)

19% less call options, than puts

Call options by funds: $1.2M | Put options by funds: $1.48M

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
114
Holders Change
+5
Holders Change %
+4.59%
% of All Funds
2.84%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
21
Increased
44
Reduced
33
Closed
14
Calls
$1.2M
Puts
$1.48M
Net Calls
-$282K
Net Calls Change
+$1.16M
Name Holding Trade Value Shares
Change
Change in
Stake
VanEck Associates
1
VanEck Associates
New York
$84.3M -$69.4M -14,443,857 -46%
MBI
2
Montrusco Bolton Investments
Quebec, Canada
$58.4M +$1.22M +253,172 +2%
DC
3
Davenport & Co
Virginia
$11.4M +$1.88M +391,665 +20%
Deutsche Bank
4
Deutsche Bank
Germany
$10.2M +$5.03M +1,046,802 +101%
GXMC
5
Global X Management Company
New York
$9.15M +$521K +108,484 +6%
SI
6
Sprott Inc
Ontario, Canada
$8.96M +$3.9M +813,000 +80%
Fiera Capital (Canada)
7
Fiera Capital (Canada)
Quebec, Canada
$8.67M +$8.04M +1,673,565 +1,670%
Bank of Montreal
8
Bank of Montreal
Ontario, Canada
$8.29M +$5.86M +1,220,911 +257%
D.E. Shaw & Co
9
D.E. Shaw & Co
New York
$7.61M +$4.47M +930,578 +149%
Morgan Stanley
10
Morgan Stanley
New York
$6.59M +$3.32M +692,015 +105%
Manulife (Manufacturers Life Insurance)
11
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$6.29M +$204K +42,540 +3%
SI
12
Sentry Investments
Ontario, Canada
$5.91M -$183K -38,200 -4%
MWNA
13
Marshall Wace North America
New York
$5.8M +$5.57M +1,159,337 New
Millennium Management
14
Millennium Management
New York
$5.71M +$4.22M +878,525 +305%
TD Asset Management
15
TD Asset Management
Ontario, Canada
$5.42M +$5.76K +1,200 +0.1%
UBS Group
16
UBS Group
Switzerland
$5.33M +$2.07M +430,630 +65%
CS
17
Credit Suisse
Switzerland
$5.14M +$4.58M +953,279 +982%
NEI
18
Northwest & Ethical Investments
Ontario, Canada
$4.66M +$535K +111,335 +13%
AA
19
ALPS Advisors
Colorado
$4.41M +$2.93M +610,431 +209%
Public Sector Pension Investment Board (PSP Investments)
20
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$4.37M -$451K -93,900 -10%
CIBC Asset Management
21
CIBC Asset Management
Ontario, Canada
$4.27M -$4.74M -986,171 -53%
Connor, Clark & Lunn Investment Management (CC&L)
22
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$3.92M -$21.6M -4,498,721 -85%
HIM
23
Hillsdale Investment Management
Ontario, Canada
$3.88M +$3.03M +631,900 +392%
AII
24
AGF Investments Inc
Ontario, Canada
$3.36M
Goldman Sachs
25
Goldman Sachs
New York
$3.21M +$2.4M +499,544 +319%

FSM Hedge Fund Activity: Q2 2017 in Review

114 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q2 2017, worth a combined $330M — down 15% from $390M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new FSM positions and 14 closed out — a net gain of 7 holders — while 44 added to existing stakes and 33 trimmed.

The largest buyer was Fiera Capital (Canada), adding an estimated $8.04M. The largest seller was VanEck Associates, cutting an estimated $69.4M.

  • 114 institutional investors held Fortuna Silver Mines (FSM) as of Q2 2017, up from 109 in Q1 2017.
  • Funds reported $330M of Fortuna Silver Mines stock for Q2 2017, down 15% quarter-over-quarter.
  • 21 funds opened new Fortuna Silver Mines positions in Q2 2017 and 14 closed out, a net change of +7 holders.
  • The largest Fortuna Silver Mines buyer in Q2 2017 was Fiera Capital (Canada), an estimated $8.04M added.
  • The largest Fortuna Silver Mines seller in Q2 2017 was VanEck Associates, an estimated $69.4M sold.

Based on aggregated 13F filings for Q2 2017.