Fortuna Silver Mines
233 hedge funds and large institutions have $2.05B invested in Fortuna Silver Mines in 2025 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 78 increasing their positions, 68 reducing their positions, and 20 closing their positions.
140% more call options, than puts
Call options by funds: $48.8M | Put options by funds: $20.3M
115% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 20
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
15% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 68
11% more capital invested
Capital invested by funds: $1.84B → $2.05B (+$208M)
9% more funds holding
Funds holding: 214 → 233 (+19)
1.04% more ownership
Funds ownership: 66.75% → 67.79% (+1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
+$38.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$33.2M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$21.6M |
| 4 |
Jane Street
New York
|
+$17.3M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$45.9M |
| 2 |
Goldman Sachs
New York
|
-$30.1M |
| 3 |
Millennium Management
New York
|
-$23.5M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$18.7M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$15M |
FSM Hedge Fund Activity: Q4 2025 in Review
233 of the 8,265 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q4 2025, worth a combined $2.05B — up 11% from $1.84B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new FSM positions and 20 closed out — a net gain of 23 holders — while 78 added to existing stakes and 68 trimmed.
The largest buyer was Mirae Asset Global ETFs Holdings, adding an estimated $38.8M. The largest seller was VanEck Associates, cutting an estimated $45.9M.
- 233 institutional investors held Fortuna Silver Mines (FSM) as of Q4 2025, up from 214 in Q3 2025.
- Funds reported $2.05B of Fortuna Silver Mines stock for Q4 2025, up 11% quarter-over-quarter.
- 43 funds opened new Fortuna Silver Mines positions in Q4 2025 and 20 closed out, a net change of +23 holders.
- The largest Fortuna Silver Mines buyer in Q4 2025 was Mirae Asset Global ETFs Holdings, an estimated $38.8M added.
- The largest Fortuna Silver Mines seller in Q4 2025 was VanEck Associates, an estimated $45.9M sold.
Based on aggregated 13F filings for Q4 2025.