Fortuna Silver Mines
110 hedge funds and large institutions have $208M invested in Fortuna Silver Mines in 2019 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 28 increasing their positions, 38 reducing their positions, and 19 closing their positions.
21% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 19
15% more capital invested
Capital invested by funds: $180M → $208M (+$27.9M)
4% more funds holding
Funds holding: 106 → 110 (+4)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.9% less ownership
Funds ownership: 35.83% → 33.93% (-1.9%)
26% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 38
30% less call options, than puts
Call options by funds: $2.4M | Put options by funds: $3.44M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$4.51M |
| 2 |
RL
Ruffer LLP
London,
United Kingdom
|
+$2.86M |
| 3 |
DC
Davenport & Co
Richmond,
Virginia
|
+$2.07M |
| 4 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$1.73M |
| 5 |
VanEck Associates
New York
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GSM
Global Strategic Management
San Juan,
Puerto Rico
|
-$5.27M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.66M |
| 3 |
Millennium Management
New York
|
-$4.37M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.61M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.23M |
FSM Hedge Fund Activity: Q4 2019 in Review
110 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q4 2019, worth a combined $208M — up 15% from $180M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FSM positions and 19 closed out — a net gain of 4 holders — while 28 added to existing stakes and 38 trimmed.
The largest buyer was Assenagon Asset Management, adding an estimated $4.51M. The largest seller was Global Strategic Management, cutting an estimated $5.27M.
- 110 institutional investors held Fortuna Silver Mines (FSM) as of Q4 2019, up from 106 in Q3 2019.
- Funds reported $208M of Fortuna Silver Mines stock for Q4 2019, up 15% quarter-over-quarter.
- 23 funds opened new Fortuna Silver Mines positions in Q4 2019 and 19 closed out, a net change of +4 holders.
- The largest Fortuna Silver Mines buyer in Q4 2019 was Assenagon Asset Management, an estimated $4.51M added.
- The largest Fortuna Silver Mines seller in Q4 2019 was Global Strategic Management, an estimated $5.27M sold.
Based on aggregated 13F filings for Q4 2019.