Fortuna Silver Mines
146 hedge funds and large institutions have $382M invested in Fortuna Silver Mines in 2021 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 46 increasing their positions, 43 reducing their positions, and 29 closing their positions.
17% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 29
3% more funds holding
Funds holding: 142 → 146 (+4)
7% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 43
1.4% less ownership
Funds ownership: 33.23% → 31.83% (-1.4%)
23% less call options, than puts
Call options by funds: $13.5M | Put options by funds: $17.5M
25% less capital invested
Capital invested by funds: $507M → $382M (-$125M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$4.94M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$3.38M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$2.92M |
| 4 |
EMG
ETF Managers Group
Summit,
New Jersey
|
+$2.67M |
| 5 |
Jane Street
New York
|
+$2.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
CPMG Inc
Dallas,
Texas
|
-$22.3M |
| 2 |
VanEck Associates
New York
|
-$12.3M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$9.83M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$6.69M |
| 5 |
DC
Davenport & Co
Richmond,
Virginia
|
-$4.38M |
FSM Hedge Fund Activity: Q1 2021 in Review
146 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q1 2021, worth a combined $382M — down 25% from $507M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new FSM positions and 29 closed out — a net gain of 5 holders — while 46 added to existing stakes and 43 trimmed.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), adding an estimated $4.94M. The largest seller was CPMG Inc, exiting entirely with an estimated $22.3M sold.
- 146 institutional investors held Fortuna Silver Mines (FSM) as of Q1 2021, up from 142 in Q4 2020.
- Funds reported $382M of Fortuna Silver Mines stock for Q1 2021, down 25% quarter-over-quarter.
- 34 funds opened new Fortuna Silver Mines positions in Q1 2021 and 29 closed out, a net change of +5 holders.
- The largest Fortuna Silver Mines buyer in Q1 2021 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $4.94M added.
- The largest Fortuna Silver Mines seller in Q1 2021 was CPMG Inc, an estimated $22.3M sold.
Based on aggregated 13F filings for Q1 2021.