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Fortuna Silver Mines

112 hedge funds and large institutions have $358M invested in Fortuna Silver Mines in 2018 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 29 increasing their positions, 39 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

450% more call options, than puts

Call options by funds: $6.48M | Put options by funds: $1.18M

21% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 14

3% more funds holding

Funds holding: 109112 (+3)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

3% less capital invested

Capital invested by funds: $369M → $358M (-$11.6M)

1.37% less ownership

Funds ownership: 44.27%42.9% (-1.4%)

26% less repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 39

Holders
112
Holders Change
+3
Holders Change %
+2.75%
% of All Funds
2.57%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
17
Increased
29
Reduced
39
Closed
14
Calls
$6.48M
Puts
$1.18M
Net Calls
+$5.3M
Net Calls Change
+$2.17M
Name Holding Trade Value Shares
Change
Change in
Stake
VanEck Associates
1
VanEck Associates
New York
$94.3M -$1.47M -305,203 -2%
MBI
2
Montrusco Bolton Investments
Quebec, Canada
$25.1M -$30.3M -6,286,111 -57%
EPIM
3
Equinox Partners Investment Management
Connecticut
$21.9M
ISL
4
Ingalls & Snyder LLC
New York
$15.7M +$81.9K +17,000 +0.6%
Connor, Clark & Lunn Investment Management (CC&L)
5
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$13.9M +$425K +88,300 +3%
Manulife (Manufacturers Life Insurance)
6
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$12.8M -$563K -116,955 -5%
GXMC
7
Global X Management Company
New York
$12M +$740K +153,568 +7%
DC
8
Davenport & Co
Virginia
$11.4M +$109K +22,559 +1%
Deutsche Bank
9
Deutsche Bank
Germany
$10.3M +$8.38M +1,739,914 +726%
Bank of Montreal
10
Bank of Montreal
Ontario, Canada
$9.04M -$3.41K -708 -0%
GF
11
Gabelli Funds
New York
$8.99M
TD Asset Management
12
TD Asset Management
Ontario, Canada
$8.65M -$833K -172,954 -9%
SI
13
Sprott Inc
Ontario, Canada
$7.72M +$3.66M +759,484 +105%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$7.39M +$6.63M +1,376,055 +3,240%
AA
15
ALPS Advisors
Colorado
$6.99M -$1.9M -395,297 -23%
Morgan Stanley
16
Morgan Stanley
New York
$6.82M -$1.44M -299,745 -19%
CS
17
Credit Suisse
Switzerland
$6.4M -$618K -128,389 -9%
Renaissance Technologies
18
Renaissance Technologies
New York
$5.98M +$3.34M +692,600 +152%
UBS Group
19
UBS Group
Switzerland
$5.4M -$567K -117,638 -10%
SA
20
Sicart Associates
New York
$4.65M +$84.7K +17,590 +2%
Millennium Management
21
Millennium Management
New York
$4.39M +$3.25M +674,261 +398%
HIM
22
Hillsdale Investment Management
Ontario, Canada
$4.16M +$3.84M +797,345 New
D.E. Shaw & Co
23
D.E. Shaw & Co
New York
$3.93M -$406K -84,400 -10%
Mackenzie Financial
24
Mackenzie Financial
Ontario, Canada
$3.9M -$1.73M -359,090 -32%
NEI
25
Northwest & Ethical Investments
Ontario, Canada
$3.32M -$1.27M -264,114 -29%

FSM Hedge Fund Activity: Q1 2018 in Review

112 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q1 2018, worth a combined $358M — down 3.2% from $369M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new FSM positions and 14 closed out — a net gain of 3 holders — while 29 added to existing stakes and 39 trimmed.

The largest buyer was Deutsche Bank, adding an estimated $8.38M. The largest seller was Montrusco Bolton Investments, cutting an estimated $30.3M.

  • 112 institutional investors held Fortuna Silver Mines (FSM) as of Q1 2018, up from 109 in Q4 2017.
  • Funds reported $358M of Fortuna Silver Mines stock for Q1 2018, down 3.2% quarter-over-quarter.
  • 17 funds opened new Fortuna Silver Mines positions in Q1 2018 and 14 closed out, a net change of +3 holders.
  • The largest Fortuna Silver Mines buyer in Q1 2018 was Deutsche Bank, an estimated $8.38M added.
  • The largest Fortuna Silver Mines seller in Q1 2018 was Montrusco Bolton Investments, an estimated $30.3M sold.

Based on aggregated 13F filings for Q1 2018.