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Fortuna Silver Mines

106 hedge funds and large institutions have $180M invested in Fortuna Silver Mines in 2019 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 35 increasing their positions, 31 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

13% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 31

5% more capital invested

Capital invested by funds: $172M → $180M (+$7.96M)

1% less funds holding

Funds holding: 107106 (-1)

5% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 21

1.37% less ownership

Funds ownership: 37.2%35.83% (-1.4%)

45% less call options, than puts

Call options by funds: $1.43M | Put options by funds: $2.62M

Holders
106
Holders Change
-1
Holders Change %
-0.93%
% of All Funds
2.32%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
20
Increased
35
Reduced
31
Closed
21
Calls
$1.43M
Puts
$2.62M
Net Calls
-$1.19M
Net Calls Change
-$1.51M
Name Holding Trade Value Shares
Change
Change in
Stake
VanEck Associates
1
VanEck Associates
New York
$25.9M -$1.95M -533,100 -6%
Renaissance Technologies
2
Renaissance Technologies
New York
$25.1M -$2.24M -615,066 -7%
SI
3
Sprott Inc
Ontario, Canada
$11.9M +$1.55M +426,061 +16%
Mirae Asset Global Investments
4
Mirae Asset Global Investments
South Korea
$10.6M +$3.36M +922,016 +37%
ISL
5
Ingalls & Snyder LLC
New York
$8.9M -$660K -181,000 -6%
Millennium Management
6
Millennium Management
New York
$7.99M -$804K -220,273 -8%
GSM
7
Global Strategic Management
Puerto Rico
$7.71M -$205K -56,050 -2%
Morgan Stanley
8
Morgan Stanley
New York
$7.25M -$13.2M -3,614,915 -61%
Deutsche Bank
9
Deutsche Bank
Germany
$6.93M -$330K -90,426 -4%
PCM
10
Penn Capital Management
Pennsylvania
$5.42M +$6.4M +1,753,064 New
RL
11
Ruffer LLP
United Kingdom
$5.22M +$1.15M +315,615 +23%
Citadel Advisors
12
Citadel Advisors
Florida
$5.01M +$1.64M +448,944 +38%
DC
13
Davenport & Co
Virginia
$4.23M
JP Morgan Chase
14
JP Morgan Chase
New York
$3.95M -$460K -125,949 -9%
Susquehanna International Group
15
Susquehanna International Group
Pennsylvania
$3.87M +$2.87M +785,528 +168%
GF
16
Gabelli Funds
New York
$3.4M +$639K +175,000 +19%
SA
17
Sicart Associates
New York
$2.91M +$232K +63,550 +7%
Arrowstreet Capital
18
Arrowstreet Capital
Massachusetts
$2.81M +$2.77M +759,730 +509%
Wells Fargo
19
Wells Fargo
California
$2.15M +$247K +67,649 +11%
Manulife (Manufacturers Life Insurance)
20
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$2.09M +$1.26M +344,650 +104%
DZ Bank
21
DZ Bank
Germany
$1.86M
EMG
22
ETF Managers Group
New Jersey
$1.82M +$739K +202,449 +57%
Two Sigma Advisers
23
Two Sigma Advisers
New York
$1.75M +$994K +272,500 +92%
Macquarie Group
24
Macquarie Group
Australia
$1.75M +$2.06M +563,527 New
Schroder Investment Management Group
25
Schroder Investment Management Group
United Kingdom
$1.35M -$385K -105,500 -25%

FSM Hedge Fund Activity: Q3 2019 in Review

106 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q3 2019, worth a combined $180M — up 4.6% from $172M a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of FSM and 20 opened new positions — a net loss of 1 holder — while 31 trimmed existing stakes and 35 added.

The largest buyer was Penn Capital Management, opening a new position worth an estimated $6.4M. The largest seller was Morgan Stanley, cutting an estimated $13.2M.

  • 106 institutional investors held Fortuna Silver Mines (FSM) as of Q3 2019, down from 107 in Q2 2019.
  • Funds reported $180M of Fortuna Silver Mines stock for Q3 2019, up 4.6% quarter-over-quarter.
  • 20 funds opened new Fortuna Silver Mines positions in Q3 2019 and 21 closed out, a net change of -1 holder.
  • The largest Fortuna Silver Mines buyer in Q3 2019 was Penn Capital Management, an estimated $6.4M added.
  • The largest Fortuna Silver Mines seller in Q3 2019 was Morgan Stanley, an estimated $13.2M sold.

Based on aggregated 13F filings for Q3 2019.