Fortuna Silver Mines
109 hedge funds and large institutions have $369M invested in Fortuna Silver Mines in 2017 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 31 increasing their positions, 33 reducing their positions, and 15 closing their positions.
294% more call options, than puts
Call options by funds: $4.2M | Put options by funds: $1.07M
73% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 15
31% more capital invested
Capital invested by funds: $281M → $369M (+$87.9M)
9% more funds holding
Funds holding: 100 → 109 (+9)
3.98% more ownership
Funds ownership: 40.28% → 44.26% (+4%)
6% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPIM
Equinox Partners Investment Management
Stamford,
Connecticut
|
+$18.9M |
| 2 |
VanEck Associates
New York
|
+$6.82M |
| 3 |
ISL
Ingalls & Snyder LLC
New York
|
+$6.68M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$4.59M |
| 5 |
SA
Sicart Associates
New York
|
+$3.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.02M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.88M |
| 3 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$3.85M |
| 4 |
O
OppenheimerFunds
New York
|
-$2.63M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$2.18M |
FSM Hedge Fund Activity: Q4 2017 in Review
109 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q4 2017, worth a combined $369M — up 31% from $281M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FSM positions and 15 closed out — a net gain of 11 holders — while 31 added to existing stakes and 33 trimmed.
The largest buyer was Equinox Partners Investment Management, opening a new position worth an estimated $18.9M. The largest seller was Millennium Management, cutting an estimated $4.02M.
- 109 institutional investors held Fortuna Silver Mines (FSM) as of Q4 2017, up from 100 in Q3 2017.
- Funds reported $369M of Fortuna Silver Mines stock for Q4 2017, up 31% quarter-over-quarter.
- 26 funds opened new Fortuna Silver Mines positions in Q4 2017 and 15 closed out, a net change of +11 holders.
- The largest Fortuna Silver Mines buyer in Q4 2017 was Equinox Partners Investment Management, an estimated $18.9M added.
- The largest Fortuna Silver Mines seller in Q4 2017 was Millennium Management, an estimated $4.02M sold.
Based on aggregated 13F filings for Q4 2017.