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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, 32 increasing their positions, 33 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

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: 100109 (+9)

3.99% more ownership

Funds ownership: 40.28%44.27% (+4%)

3% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 33

Holders
109
Holders Change
+9
Holders Change %
+9%
% of All Funds
2.47%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.05%
New
26
Increased
32
Reduced
33
Closed
15
Calls
$4.2M
Puts
$1.07M
Net Calls
+$3.13M
Net Calls Change
-$1.38M
Name Holding Trade Value Shares
Change
Change in
Stake
VanEck Associates
1
VanEck Associates
New York
$96.1M +$6.82M +1,513,430 +9%
MBI
2
Montrusco Bolton Investments
Quebec, Canada
$58.2M -$1.01M -223,450 -2%
EPIM
3
Equinox Partners Investment Management
Connecticut
$21.9M +$18.9M +4,197,010 New
ISL
4
Ingalls & Snyder LLC
New York
$15.6M +$6.68M +1,483,000 +98%
Connor, Clark & Lunn Investment Management (CC&L)
5
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$13.5M +$1.59M +353,300 +16%
Manulife (Manufacturers Life Insurance)
6
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$13.4M +$4.59M +1,019,487 +66%
GXMC
7
Global X Management Company
New York
$11.3M +$582K +129,101 +6%
DC
8
Davenport & Co
Virginia
$11.3M -$731K -162,200 -7%
TD Asset Management
9
TD Asset Management
Ontario, Canada
$9.59M +$18.5K +4,100 +0.2%
AA
10
ALPS Advisors
Colorado
$9.07M +$2.24M +498,250 +40%
Bank of Montreal
11
Bank of Montreal
Ontario, Canada
$9.06M +$175K +38,869 +2%
GF
12
Gabelli Funds
New York
$9.01M -$113K -25,000 -1%
Morgan Stanley
13
Morgan Stanley
New York
$8.4M +$912K +202,393 +14%
CS
14
Credit Suisse
Switzerland
$7.08M +$696K +154,536 +13%
UBS Group
15
UBS Group
Switzerland
$6.02M -$50.2K -11,137 -1%
Mackenzie Financial
16
Mackenzie Financial
Ontario, Canada
$5.78M +$2.6M +578,200 +109%
NEI
17
Northwest & Ethical Investments
Ontario, Canada
$4.7M -$225K -49,926 -5%
CIBC Asset Management
18
CIBC Asset Management
Ontario, Canada
$4.59M +$8.08K +1,794 +0.2%
SA
19
Sicart Associates
New York
$4.57M +$3.94M +874,900 New
D.E. Shaw & Co
20
D.E. Shaw & Co
New York
$4.37M +$510K +113,200 +16%
Public Sector Pension Investment Board (PSP Investments)
21
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$4.04M -$550K -122,000 -14%
SI
22
Sprott Inc
Ontario, Canada
$3.77M +$22.1K +4,900 +0.7%
AII
23
AGF Investments Inc
Ontario, Canada
$3.58M
DZ Bank
24
DZ Bank
Germany
$3.13M
NP
25
Ninepoint Partners
Ontario, Canada
$2.52M +$1.19M +265,200 +122%

FSM Hedge Fund Activity: Q4 2017 in Review

109 of the 4,409 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 32 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.