Fortuna Silver Mines
105 hedge funds and large institutions have $123M invested in Fortuna Silver Mines in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 30 increasing their positions, 35 reducing their positions, and 19 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 19
7% less call options, than puts
Call options by funds: $1.56M | Put options by funds: $1.68M
2.06% less ownership
Funds ownership: 33.93% → 31.87% (-2.1%)
5% less funds holding
Funds holding: 110 → 105 (-5)
14% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 35
45% less capital invested
Capital invested by funds: $226M → $123M (-$103M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RL
Ruffer LLP
London,
United Kingdom
|
+$11.6M |
| 2 |
EPAM
Euro Pacific Asset Management
Dorado,
Puerto Rico
|
+$4.31M |
| 3 |
Millennium Management
New York
|
+$2.24M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.94M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$7.45M |
| 2 |
Morgan Stanley
New York
|
-$7.04M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$6.09M |
| 4 |
JP Morgan Chase
New York
|
-$2.98M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$2.29M |
FSM Hedge Fund Activity: Q1 2020 in Review
105 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q1 2020, worth a combined $123M — down 45% from $226M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of FSM and 18 opened new positions — a net loss of 1 holder — while 35 trimmed existing stakes and 30 added.
The largest buyer was Ruffer LLP, adding an estimated $11.6M. The largest seller was Penn Capital Management, exiting entirely with an estimated $7.45M sold.
- 105 institutional investors held Fortuna Silver Mines (FSM) as of Q1 2020, down from 110 in Q4 2019.
- Funds reported $123M of Fortuna Silver Mines stock for Q1 2020, down 45% quarter-over-quarter.
- 18 funds opened new Fortuna Silver Mines positions in Q1 2020 and 19 closed out, a net change of -1 holder.
- The largest Fortuna Silver Mines buyer in Q1 2020 was Ruffer LLP, an estimated $11.6M added.
- The largest Fortuna Silver Mines seller in Q1 2020 was Penn Capital Management, an estimated $7.45M sold.
Based on aggregated 13F filings for Q1 2020.