FORTUNA MNG CORP FSM
COM NEW · Common Stock · CUSIP 349942102 · ISIN CA3499421020
- SectorMaterials
- IndustryGold and Silver Ores
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($764.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $8.48. Options: 12 managers hold calls ($26.3m notional), 14 hold puts ($12.0m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q1 2024 | 1 |
| Q2 2024 | 146 |
| Q3 2024 | 172 |
| Q4 2024 | 172 |
| Q1 2025 | 179 |
| Q2 2025 | 204 |
| Q3 2025 | 213 |
| Q4 2025 | 232 |
| Q1 2026 | 252 |
| Q2 2026 | 243 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 88 | 66 |
| Q4 2024 | 76 | 80 |
| Q1 2025 | 83 | 79 |
| Q2 2025 | 104 | 86 |
| Q3 2025 | 113 | 97 |
| Q4 2025 | 114 | 88 |
| Q1 2026 | 134 | 106 |
| Q2 2026 | 117 | 121 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $62.3m | $19.8m | 0.32 |
| Q4 2025 | $50.7m | $20.3m | 0.40 |
| Q1 2026 | $31.3m | $13.8m | 0.44 |
| Q2 2026 | $26.3m | $12.0m | 0.46 |
Biggest buyers
| DAVENPORT & Co LLC | Added | +1.6m |
| PICTON MAHONEY ASSET MANAGEMENT | Added | +1.5m |
| BARCLAYS PLC | Added | +1.5m |
| Point72 Asset Management, L.P. | Added | +1.3m |
| MILLENNIUM MANAGEMENT LLC | Added | +1.1m |
| BANK OF AMERICA CORP /DE/ | Added | +964.4k |
| CAUSEWAY CAPITAL MANAGEMENT LLC | Added | +835.6k |
| D. E. Shaw & Co., Inc. | Added | +685.4k |
| LAZARD ASSET MANAGEMENT LLC | Added | +600.3k |
| JUPITER ASSET MANAGEMENT LTD | Added | +598.3k |
Biggest sellers
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -8.4m |
| Tidal Investments LLC | Reduced | -6.3m |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | Reduced | -2.3m |
| Amundi | Reduced | -1.7m |
| MORGAN STANLEY | Reduced | -973.0k |
| JANE STREET GROUP, LLC | Reduced | -928.9k |
| Qube Research & Technologies Ltd | Reduced | -835.4k |
| ROYAL BANK OF CANADA | Reduced | -677.9k |
| MACKENZIE FINANCIAL CORP | Reduced | -570.9k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -528.4k |
Biggest calls
| GROUP ONE TRADING LLC | Added | $7.2m854.6k shares |
| JANE STREET GROUP, LLC | Added | $5.0m586.0k shares |
| Parallax Volatility Advisers, L.P. | Unchanged | $3.4m400.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.3m392.7k shares |
| IMC-Chicago, LLC | Reduced | $2.3m278.0k shares |
| CITADEL ADVISORS LLC | Added | $2.2m259.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.7m200.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $652.3k77.2k shares |
| SIG North Trading, ULC | Reduced | $214.6k25.4k shares |
| Walleye Capital LLC | Reduced | $182.5k21.6k shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $2.9m344.3k shares |
| Parallax Volatility Advisers, L.P. | Added | $2.6m302.5k shares |
| CITADEL ADVISORS LLC | Reduced | $2.3m271.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.5m182.6k shares |
| IMC-Chicago, LLC | Reduced | $752.9k89.1k shares |
| GROUP ONE TRADING LLC | Reduced | $566.1k67.0k shares |
| Squarepoint Ops LLC | New | $401.4k47.5k shares |
| SIMPLEX TRADING, LLC | Added | $239.1k28.3k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Unchanged | $231.5k27.4k shares |
| SIG North Trading, ULC | Reduced | $189.3k22.4k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VAN ECK ASSOCIATES CORP 13G · institution -2.9 pts · filed 2026-05-15 | 6.8% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution +1.0 pts · filed 2026-10-08 | 6.2% |
| Global X Management CO LLC 13G · institution new · filed 2026-02-17 | 5.9% |
Fell to 5% or below in the last year: ARROWSTREET CAPITAL, LIMITED PARTNERSHIP (5.0%, 2026-05-15)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| VAN ECK ASSOCIATES CORP 0.11% of their portfolio | 21.0m $177.4m | Added +97.6k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.15% of their portfolio | 15.0m $127.1m | Reduced -2.3m |
| ACADIAN ASSET MANAGEMENT LLC 0.12% of their portfolio | 12.0m $101.5m | Added +30.0k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 10.6m $89.2m | Reduced -71.9k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 8.8m $74.7m | Added +62.0k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 8.5m $72.1m | Reduced -233.5k |
| D. E. Shaw & Co., Inc. 0.04% of their portfolio | 8.0m $67.4m | Added +685.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 6.6m $55.4m | Reduced -8.4m |
| MORGAN STANLEY 0.00% of their portfolio | 5.3m $44.7m | Reduced -973.0k |
| BARCLAYS PLC 0.01% of their portfolio | 5.3m $44.6m | Added +1.5m |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 5.2m $44.3m | Reduced -226.8k |
| Euro Pacific Asset Management, LLC 4.37% of their portfolio | 4.5m $38.4m | Added +10.7k |
| NORGES BANK 0.00% of their portfolio | 4.0m $34.1m | Not comparable |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 3.8m $32.3m | Added +964.4k |
| Invesco Ltd. 0.00% of their portfolio | 3.6m $30.1m | Reduced -396.7k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 3.3m $28.2m | Added +1.1m |
| Point72 Asset Management, L.P. 0.04% of their portfolio | 3.0m $25.2m | Added +1.3m |
| TORONTO DOMINION BANK 0.04% of their portfolio | 2.8m $23.6m | Reduced -72.7k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 2.7m $22.5m | Reduced -752 |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 2.6m $21.9m | Added +32.3k |
| Nuveen, LLC 0.01% of their portfolio | 2.5m $21.0m | Added +57.0k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 2.2m $18.3m | Reduced -22.4k |
| CAUSEWAY CAPITAL MANAGEMENT LLC 0.19% of their portfolio | 2.1m $17.6m | Added +835.6k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 2.0m $16.5m | Reduced -835.4k |
| TD Asset Management Inc 0.01% of their portfolio | 1.7m $14.6m | Reduced -198.3k |
| DAVENPORT & Co LLC 0.07% of their portfolio | 1.7m $14.2m | Added +1.6m |
| PICTON MAHONEY ASSET MANAGEMENT 0.13% of their portfolio | 1.6m $13.9m | Added +1.5m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio | 1.5m $12.9m | Reduced -72.3k |
| Amundi 0.00% of their portfolio | 1.4m $12.0m | Reduced -1.7m |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 1.4m $11.9m | Reduced -928.9k |
| JUPITER ASSET MANAGEMENT LTD 0.05% of their portfolio | 1.3m $11.0m | Added +598.3k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 1.3m $10.8m | Reduced -1.9k |
| Sicart Associates LLC 2.43% of their portfolio | 1.2m $9.9m | Added +524.1k |
| Groupe la Francaise 0.12% of their portfolio | 1.1m $9.6m | Added +106.6k |
| Trexquant Investment LP 0.06% of their portfolio | 1.1m $9.4m | Reduced -409.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.1m $12.5m | Added +123.5k |
| Hillsdale Investment Management Inc. 0.21% of their portfolio | 1.1m $9.3m | Reduced -208.4k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 1.0m $8.8m | Reduced -508.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.0m $8.5m | Added +533.0k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 1.0m $8.5m | Added +55.2k |
| GLOBAL STRATEGIC MANAGEMENT INC 6.53% of their portfolio | 1.0m $8.5m | Added +23.4k |
| Man Group plc 0.02% of their portfolio | 974.0k $8.2m | Added +275.4k |
| Legal & General Group Plc 0.00% of their portfolio | 969.3k $8.2m | Reduced -471.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 919.4k $7.8m | Added +14.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 866.1k $7.3m | Reduced -6.4k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio | 837.3k $7.1m | Added +21.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 822.6k $7.0m | Reduced -9.6k |
| U S GLOBAL INVESTORS INC 0.60% of their portfolio | 743.6k $6.3m | Added +359.9k |
| Gotham Asset Management, LLC 0.01% of their portfolio | 725.7k $6.1m | Added +195.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 716.7k $6.1m | Reduced -677.9k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 702.1k $5.9m | Reduced -528.4k |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 672.5k $5.7m | Added +600.3k |
| CAPITAL FUND MANAGEMENT S.A. 0.04% of their portfolio | 633.7k $5.4m | Reduced -178.9k |
| Swiss National Bank 0.00% of their portfolio | 615.6k $5.2m | Added +7.7k |
| Extract Advisors LLC 3.35% of their portfolio | 575.0k $4.9m | New |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 562.8k $4.8m | Reduced -226.8k |
| MACKENZIE FINANCIAL CORP 0.01% of their portfolio | 543.5k $6.5m | Reduced -570.9k |
| UBS Group AG 0.00% of their portfolio | 533.0k $4.5m | Added +46.3k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.02% of their portfolio | 518.8k $4.4m | Added +41.3k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 456.8k $3.9m | Reduced -109.9k |
| CIBC WORLD MARKET INC. 0.01% of their portfolio | 451.1k $3.8m | Added +224.6k |
| TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC 0.01% of their portfolio | 436.5k $3.7m | Unchanged |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 433.4k $3.7m | Added +32.3k |
| Pine Valley Investments Ltd Liability Co 0.15% of their portfolio | 408.9k $3.5m | Added +109.7k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 403.5k $3.4m | Reduced -236.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 403.2k $3.4m | Added +366.7k |
| GUGGENHEIM CAPITAL LLC 0.02% of their portfolio | 400.9k $3.4m | Added +6.8k |
| PCJ Investment Counsel Ltd. 0.95% of their portfolio | 391.3k $3.3m | Added +133.0k |
| HRT FINANCIAL LP 0.01% of their portfolio | 378.8k $3.2m | Added +130.4k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.02% of their portfolio | 375.3k $3.2m | Added +114.3k |
| CIBC Asset Management Inc 0.01% of their portfolio | 343.0k $2.9m | Added +46.1k |
| Tidal Investments LLC 0.01% of their portfolio | 339.9k $2.9m | Reduced -6.3m |
| Engineers Gate Manager LP 0.04% of their portfolio | 330.4k $2.8m | Added +101.3k |
| SPROTT INC. 0.09% of their portfolio | 316.7k $2.7m | Added +98.9k |
| Caisse de depot et placement du Quebec 0.00% of their portfolio | 303.2k $2.6m | New |
| Y-Intercept (Hong Kong) Ltd 0.05% of their portfolio | 300.0k $2.5m | Reduced -53.5k |
| GABELLI FUNDS LLC 0.02% of their portfolio | 300.0k $2.5m | New |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 295.8k $2.5m | Added +19.6k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 286.1k $2.4m | Added +44.8k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio | 281.4k $2.4m | Reduced -81.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 272.2k $2.3m | Reduced -3.9k |
| Vident Advisory, LLC 0.02% of their portfolio | 261.1k $2.2m | Added +40.2k |
| De Lisle Partners LLP 0.21% of their portfolio | 230.3k $1.9m | Unchanged |
| RITHOLTZ WEALTH MANAGEMENT 0.03% of their portfolio | 225.5k $1.9m | Added +2.2k |
| XTX Topco Ltd 0.02% of their portfolio | 204.6k $1.7m | Added +136.1k |
| WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio | 204.1k $1.7m | New |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 192.1k $1.6m | Added +739 |
| MARSHALL WACE, LLP 0.00% of their portfolio | 192.1k $1.6m | Reduced -138.2k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 183.5k $1.8m | Reduced -4.5k |
| Numerai GP LLC 0.12% of their portfolio | 170.0k $1.4m | Added +126.1k |
| Boston Partners 0.00% of their portfolio | 165.4k $1.4m | New |
| INTACT INVESTMENT MANAGEMENT INC. 0.04% of their portfolio | 154.4k $1.3m | Added +7.3k |
| Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. 2.75% of their portfolio | 151.5k $1.3m | Added +25.6k |
| PKO Investment Management Joint-Stock Co 0.09% of their portfolio | 151.4k $1.3m | Unchanged |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio | 144.5k $1.2m | Reduced -121.5k |
| CastleKnight Management LP 0.04% of their portfolio | 135.3k $1.1m | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 135.0k $1.1m | New |
| ABBINGTON INVESTMENT GROUP 0.69% of their portfolio | 127.6k $1.1m | Reduced -189 |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 125.7k $1.1m | Reduced -454 |
| KLEIN PAVLIS & PEASLEY FINANCIAL, INC. 0.54% of their portfolio | 123.9k $1.0m | Added +7.3k |