Fortuna Silver Mines
160 hedge funds and large institutions have $356M invested in Fortuna Silver Mines in 2021 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 58 increasing their positions, 38 reducing their positions, and 17 closing their positions.
82% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 17
53% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 38
10% more funds holding
Funds holding: 146 → 160 (+14)
2.7% more ownership
Funds ownership: 31.83% → 34.53% (+2.7%)
7% less capital invested
Capital invested by funds: $382M → $356M (-$26.1M)
32% less call options, than puts
Call options by funds: $10.7M | Put options by funds: $15.6M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Voloridge Investment Management
Jupiter,
Florida
|
+$8.88M |
| 2 |
Morgan Stanley
New York
|
+$7.6M |
| 3 |
CM
CoreCommodity Management
Stamford,
Connecticut
|
+$5.55M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$5.25M |
| 5 |
VanEck Associates
New York
|
+$4.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DC
Davenport & Co
Richmond,
Virginia
|
-$7.83M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$4.51M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$4.25M |
| 4 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$4.22M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$3.81M |
FSM Hedge Fund Activity: Q2 2021 in Review
160 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q2 2021, worth a combined $356M — down 6.8% from $382M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new FSM positions and 17 closed out — a net gain of 14 holders — while 58 added to existing stakes and 38 trimmed.
The largest buyer was Voloridge Investment Management, opening a new position worth an estimated $8.88M. The largest seller was Davenport & Co, cutting an estimated $7.83M.
- 160 institutional investors held Fortuna Silver Mines (FSM) as of Q2 2021, up from 146 in Q1 2021.
- Funds reported $356M of Fortuna Silver Mines stock for Q2 2021, down 6.8% quarter-over-quarter.
- 31 funds opened new Fortuna Silver Mines positions in Q2 2021 and 17 closed out, a net change of +14 holders.
- The largest Fortuna Silver Mines buyer in Q2 2021 was Voloridge Investment Management, an estimated $8.88M added.
- The largest Fortuna Silver Mines seller in Q2 2021 was Davenport & Co, an estimated $7.83M sold.
Based on aggregated 13F filings for Q2 2021.