Vault-13

FORTUNA MNG CORP FSM

COM NEW · Common Stock · CUSIP 349942102 · ISIN CA3499421020

204 institutional holders +25 vs Q1 2025
191,385,428191.4m shares reported held*
$1.3bnreported value*
45 new 59 added 65 reduced 21 sold out net bought ≈ $96.5m (+14.8m shares)

* 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 ($227.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $6.54. Options: 13 managers hold calls ($35.5m notional), 13 hold puts ($11.3m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q1 24: 1Q2 24: 146Q3 24: 172Q4 24: 172Q1 25: 179Q2 25: 204204Q1 24Q2 24Q3 24Q4 24Q1 25Q2 25
Numbers
QuarterHolders
Q1 20241
Q2 2024146
Q3 2024172
Q4 2024172
Q1 2025179
Q2 2025204

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q2 24: 142 bought or addedQ2 24: 0 cut or sold outQ2 24Q3 24: 88 bought or addedQ3 24: 66 cut or sold outQ3 24Q4 24: 76 bought or addedQ4 24: 80 cut or sold outQ4 24Q1 25: 83 bought or addedQ1 25: 79 cut or sold outQ1 25Q2 25: 104 bought or addedQ2 25: 86 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q2 20241420
Q3 20248866
Q4 20247680
Q1 20258379
Q2 202510486

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30m$40mQ3 24 calls: $12.6mQ3 24 puts: $8.7mQ3 24P/C 0.69Q4 24 calls: $10.8mQ4 24 puts: $8.8mQ4 24P/C 0.81Q1 25 calls: $19.9mQ1 25 puts: $8.2mQ1 25P/C 0.41Q2 25 calls: $35.5mQ2 25 puts: $11.3mQ2 25P/C 0.32
Numbers
QuarterCallsPutsP/C
Q3 2024$12.6m$8.7m0.69
Q4 2024$10.8m$8.8m0.81
Q1 2025$19.9m$8.2m0.41
Q2 2025$35.5m$11.3m0.32

Biggest buyers

MORGAN STANLEY Added +7,019,505+7.0m
RENAISSANCE TECHNOLOGIES LLC Added +5,251,900+5.3m
Euro Pacific Asset Management, LLC Added +4,481,470+4.5m
MILLENNIUM MANAGEMENT LLC Added +4,398,471+4.4m
JANE STREET GROUP, LLC Added +2,316,918+2.3m
D. E. Shaw & Co., Inc. Added +2,231,884+2.2m
ACADIAN ASSET MANAGEMENT LLC Added +2,171,847+2.2m
CITADEL ADVISORS LLC Added +1,629,568+1.6m
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Added +1,554,963+1.6m
Qube Research & Technologies Ltd Added +1,353,605+1.4m

Biggest sellers

VAN ECK ASSOCIATES CORP Reduced -3,198,072-3.2m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -3,063,731-3.1m
Invesco Ltd. Reduced -2,438,706-2.4m
Man Group plc Reduced -2,070,336-2.1m
Jump Financial, LLC Reduced -2,028,215-2.0m
Point72 Asset Management, L.P. Sold out -1,881,600-1.9m
JPMORGAN CHASE & CO Reduced -1,714,680-1.7m
TWO SIGMA INVESTMENTS, LP Reduced -1,537,215-1.5m
Tidal Investments LLC Reduced -1,522,943-1.5m
Hillsdale Investment Management Inc. Reduced -1,451,020-1.5m

Biggest calls

PEAK6 LLC Added $20.0m3.1m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.9m1.1m shares
SIMPLEX TRADING, LLC Reduced $2.3m356.8k shares
CITADEL ADVISORS LLC Added $2.1m319.3k shares
GROUP ONE TRADING LLC Reduced $1.7m258.1k shares
IMC-Chicago, LLC Added $1.0m153.0k shares
D. E. Shaw & Co., Inc. Unchanged $669.0k102.3k shares
SIG North Trading, ULC Added $482.7k73.8k shares
Walleye Capital LLC Added $172.0k26.3k shares
JANE STREET GROUP, LLC Reduced $139.3k21.3k shares

Biggest puts

WOLVERINE ASSET MANAGEMENT LLC Added $3.3m507.5k shares
UBS Group AG New $2.0m300.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.9m286.2k shares
SIG North Trading, ULC Added $1.3m198.8k shares
CAPITAL FUND MANAGEMENT S.A. New $897.9k137.3k shares
CITADEL ADVISORS LLC Reduced $822.1k125.7k shares
SIMPLEX TRADING, LLC Added $429.0k65.6k shares
IMC-Chicago, LLC Reduced $410.1k62.7k shares
GROUP ONE TRADING LLC Reduced $210.6k32.2k shares
Squarepoint Ops LLC Unchanged $73.9k11.3k 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.

HolderStakeChangeShares Last filed
VAN ECK ASSOCIATES CORP 13G · institution -2.9 pts · filed 2026-05-15 6.8% -2.9 pts 20.9m≈ $176.6m 2026-05-15
DIMENSIONAL FUND ADVISORS LP 13G · institution +1.0 pts · filed 2026-10-08 6.2% +1.0 pts 18.4m≈ $155.7m 2026-10-08
Global X Management CO LLC 13G · institution new · filed 2026-02-17 5.9% new 18.0m≈ $152.3m 2026-02-17

Fell to 5% or below in the last year: ARROWSTREET CAPITAL, LIMITED PARTNERSHIP (5.0%, 2026-05-15)

Insider purchases and sales in Q2 2025

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 in Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VAN ECK ASSOCIATES CORP 0.15% of their portfolio NEW YORK, NY 20,401,87020.4m $133.5m $133.5m 0.15% Reduced -3.2m -3,198,072
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 12,967,20313.0m $84.8m $84.8m 0.01% Added +7.0m +7,019,505
3 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio BOSTON, MA 10,823,43710.8m $70.9m $70.9m 0.05% Reduced -3.1m -3,063,731
4 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.13% of their portfolio CAUSEWAY BAY, K3 9,927,1349.9m $64.8m $64.8m 0.13% Added +1.6m +1,554,963
5 Euro Pacific Asset Management, LLC 5.28% of their portfolio DORADO, PR 8,835,9248.8m $56.6m $56.6m 5.28% Added +4.5m +4,481,470
6 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 8,629,6648.6m $56.4m $56.4m 0.01% Added +261.4k +261,392
7 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 7,955,9718.0m $52.0m $52.0m 0.01% Reduced -558.8k -558,846
8 ACADIAN ASSET MANAGEMENT LLC 0.09% of their portfolio Boston, MA 7,021,1697.0m $45.8m $45.8m 0.09% Added +2.2m +2,171,847
9 Tidal Investments LLC 0.29% of their portfolio Milwaukee, WI 6,809,3376.8m $44.5m $44.5m 0.29% Reduced -1.5m -1,522,943
10 RENAISSANCE TECHNOLOGIES LLC 0.06% of their portfolio NEW YORK, NY 6,648,5006.6m $43.5m $43.5m 0.06% Added +5.3m +5,251,900
11 D. E. Shaw & Co., Inc. 0.04% of their portfolio New York, NY 6,573,2886.6m $43.0m $43.0m 0.04% Added +2.2m +2,231,884
12 AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio KANSAS CITY, MO 6,363,0586.4m $41.6m $41.6m 0.02% Added +434.3k +434,295
13 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 5,422,1025.4m $35.5m $35.5m 0.03% Added +4.4m +4,398,471
14 Connor, Clark & Lunn Investment Management Ltd. 0.10% of their portfolio VANCOUVER, A1 4,450,0004.5m $29.2m $29.2m 0.10% Reduced -409.6k -409,600
15 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 3,930,0753.9m $25.7m $25.7m 0.02% Added +1.6m +1,629,568
16 TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio NEW YORK, NY 3,775,6173.8m $24.7m $24.7m 0.04% Reduced -1.5m -1,537,215
17 Hillsdale Investment Management Inc. 0.89% of their portfolio Toronto, A6 3,670,1153.7m $24.0m $24.0m 0.89% Reduced -1.5m -1,451,020
18 Amundi 0.01% of their portfolio Paris, I0 3,567,5753.6m $23.7m $23.7m 0.01% Added +466.4k +466,387
19 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.09% of their portfolio JUPITER, FL 3,538,5383.5m $23.1m $23.1m 0.09% Reduced -821.4k -821,369
20 Nuveen, LLC 0.01% of their portfolio CHARLOTTE, NC 2,980,0623.0m $19.5m $19.5m 0.01% Added +178.6k +178,584
21 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 2,829,2392.8m $18.5m $18.5m 0.03% Added +2.3m +2,316,918
22 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 2,775,3102.8m $18.2m $18.2m 0.01% Added +28.6k +28,602
23 Trexquant Investment LP 0.18% of their portfolio STAMFORD, CT 2,473,2852.5m $16.2m $16.2m 0.18% Added +1.0m +1,031,455
24 UBS Group AG 0.00% of their portfolio ZURICH, V8 2,393,8352.4m $15.7m $15.7m 0.00% Added +1.1m +1,060,692
25 TD Asset Management Inc 0.01% of their portfolio Toronto, A6 2,294,9552.3m $15.0m $15.0m 0.01% Added +231.1k +231,104
26 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,130,3362.1m $13.9m $13.9m 0.00% Added +970.8k +970,814
27 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 1,777,2671.8m $11.6m $11.6m 0.01% Added +538.8k +538,760
28 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 1,731,7331.7m $11.3m $11.3m 0.01% Reduced -223.3k -223,274
29 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,643,6351.6m $10.7m $10.7m 0.00% Reduced -1.7m -1,714,680
30 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 1,616,4451.6m $10.6m $10.6m 0.01% Added +1.4m +1,353,605
31 TWO SIGMA ADVISERS, LP 0.02% of their portfolio NEW YORK, NY 1,343,0001.3m $8.8m $8.8m 0.02% Reduced -771.7k -771,700
32 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 1,138,3671.1m $7.4m $7.4m 0.01% Added +203.3k +203,268
33 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.05% of their portfolio Stamford, CT 1,032,9801.0m $6.8m $6.8m 0.05% New
34 Legal & General Group Plc 0.00% of their portfolio London, X0 1,007,8081.0m $6.6m $6.6m 0.00% Added +163.0k +163,017
35 Cubist Systematic Strategies, LLC 0.07% of their portfolio STAMFORD, CT 963,559963.6k $6.3m $6.3m 0.07% Reduced -1.1m -1,119,587
36 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 829,745829.7k $5.4m $5.4m 0.00% Added +91.8k +91,791
37 SPROTT INC. 0.26% of their portfolio TORONTO, A6 801,778801.8k $5.2m $5.2m 0.26% Reduced -43.9k -43,932
38 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio COLUMBUS, OH 769,736769.7k $5.1m $5.1m 0.02% Added +124.7k +124,687
39 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 646,301646.3k $4.2m $4.2m 0.00% Reduced -471.3k -471,305
40 Sicart Associates LLC 1.46% of their portfolio NEW YORK, NY 638,736638.7k $4.2m $4.2m 1.46% Reduced -11.5k -11,547
41 Y-Intercept (Hong Kong) Ltd 0.10% of their portfolio HONG KONG, K3 606,418606.4k $4.0m $4.0m 0.10% New
42 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 594,167594.2k $3.9m $3.9m 0.01% Added +125.2k +125,200
43 Swiss National Bank 0.00% of their portfolio ZURICH, V8 589,730589.7k $3.8m $3.8m 0.00% Reduced -21.1k -21,100
44 Gotham Asset Management, LLC 0.02% of their portfolio NEW YORK, NY 563,300563.3k $3.7m $3.7m 0.02% Added +162.0k +161,974
45 U S GLOBAL INVESTORS INC 0.43% of their portfolio SAN ANTONIO, TX 553,143553.1k $3.6m $3.6m 0.43% Reduced -23.6k -23,571
46 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 546,462546.5k $3.6m $3.6m 0.00% Reduced -294.0k -294,034
47 TIAA TRUST, NATIONAL ASSOCIATION 0.01% of their portfolio CHARLOTTE, NC 436,540436.5k $2.9m $2.9m 0.01% New
48 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 399,243399.2k $2.6m $2.6m 0.01% Added +349.2k +349,209
49 De Lisle Partners LLP 0.35% of their portfolio POOLE, X0 373,775373.8k $2.4m $2.4m 0.35% Added +13.8k +13,775
50 Pine Valley Investments Ltd Liability Co 0.14% of their portfolio MARLTON, NJ 368,672368.7k $2.4m $2.4m 0.14% Reduced -7.6k -7,640
51 PCJ Investment Counsel Ltd. 0.83% of their portfolio TORONTO, A6 368,110368.1k $2.4m $2.4m 0.83% Reduced -62.6k -62,590
52 Penn Capital Management Company, LLC 0.20% of their portfolio PHILADELPHIA, PA 350,622350.6k $2.3m $2.3m 0.20% New
53 GUGGENHEIM CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 349,762349.8k $2.3m $2.3m 0.02% Added +53.8k +53,785
54 CAPITAL FUND MANAGEMENT S.A. 0.02% of their portfolio PARIS, I0 331,574331.6k $2.2m $2.2m 0.02% New
55 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 326,584326.6k $2.1m $2.1m 0.00% Reduced -48.2k -48,194
56 Engineers Gate Manager LP 0.02% of their portfolio NEW YORK, NY 296,088296.1k $1.9m $1.9m 0.02% Added +178.3k +178,288
57 CIBC Asset Management Inc 0.01% of their portfolio TORONTO, Z4 292,939292.9k $1.9m $1.9m 0.01% Reduced -87.1k -87,124
58 ExodusPoint Capital Management, LP 0.02% of their portfolio NEW YORK, NY 289,000289.0k $1.9m $1.9m 0.02% New
59 Jump Financial, LLC 0.02% of their portfolio Chicago, IL 279,280279.3k $1.8m $1.8m 0.02% Reduced -2.0m -2,028,215
60 SUSQUEHANNA ADVISORS GROUP, INC. 0.07% of their portfolio BALA CYNWYD, PA 277,100277.1k $1.8m $1.8m 0.07% New
61 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 264,653264.7k $1.7m $1.7m 0.00% Reduced -18.3k -18,316
62 Dynamic Technology Lab Private Ltd 0.23% of their portfolio SINGAPORE, U0 263,225263.2k $1.7m $1.7m 0.23% New
63 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 253,385253.4k $1.7m $1.7m 0.00% Reduced -2.4m -2,438,706
64 Centiva Capital, LP 0.10% of their portfolio New York, NY 241,150241.2k $1.6m $1.6m 0.10% Added +8.9k +8,896
65 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 228,271228.3k $1.5m $1.5m 0.00% Added +209 +209
66 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 226,174226.2k $1.5m $1.5m 0.00% Reduced -19.3k -19,344
67 Virtu Financial LLC 0.07% of their portfolio New York, NY 216,021216.0k $1.4m $1.4m 0.07% New
68 Erste Asset Management GmbH 0.02% of their portfolio VIENNA, C4 196,800196.8k $2.4m $2.4m 0.02% New
69 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 194,746194.7k $1.3m $1.3m 0.00% New
70 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 194,715194.7k $1.3m $1.3m 0.01% Reduced -188.7k -188,685
71 Vident Advisory, LLC 0.01% of their portfolio Alpharetta, GA 192,732192.7k $1.3m $1.3m 0.01% Reduced -15.4k -15,398
72 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.01% of their portfolio VICTORIA, A1 186,258186.3k $1.2m $1.2m 0.01% Reduced -173.1k -173,149
73 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 184,352184.4k $1.2m $1.2m 0.00% Reduced -61.4k -61,356
74 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 179,654179.7k $1.2m $1.2m 0.00% Reduced -481.9k -481,907
75 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 170,952171.0k $1.1m $1.1m 0.00% Added +6.4k +6,405
76 Point72 Asia (Singapore) Pte. Ltd. 0.20% of their portfolio SINGAPORE, U0 170,946170.9k $1.1m $1.1m 0.20% Added +163.4k +163,422
77 Man Group plc 0.00% of their portfolio LONDON, X0 163,681163.7k $1.1m $1.1m 0.00% Reduced -2.1m -2,070,336
78 Quantbot Technologies LP 0.03% of their portfolio NEW YORK, NY 160,260160.3k $1.0m $1.0m 0.03% New
79 Graham Capital Management, L.P. 0.03% of their portfolio ROWAYTON, CT 156,462156.5k $1.0m $1.0m 0.03% Added +102.7k +102,703
80 PICTON MAHONEY ASSET MANAGEMENT 0.01% of their portfolio Toronto, A6 145,920145.9k $951.0k $951.0k 0.01% New
81 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 141,144141.1k $924.1k $924.1k 0.00% Reduced -174.5k -174,462
82 Northwest & Ethical Investments L.P. 0.02% of their portfolio TORONTO, A6 132,642132.6k $867.5k $867.5k 0.02% Reduced -49.0k -48,950
83 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 130,360130.4k $852.6k $852.6k 0.00% Added +75.3k +75,296
84 PDT Partners, LLC 0.05% of their portfolio New York, NY 127,914127.9k $836.6k $836.6k 0.05% Reduced -125.3k -125,286
85 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 126,406126.4k $826.7k $826.7k 0.01% New
86 Capula Management Ltd 0.01% of their portfolio Grand Cayman, E9 123,200123.2k $1.1m $1.1m 0.01% Not comparable
87 KLEIN PAVLIS & PEASLEY FINANCIAL, INC. 0.54% of their portfolio IRVINE, CA 122,877122.9k $803.6k $803.6k 0.54% Added +2.9k +2,887
88 SIG North Trading, ULC 0.17% of their portfolio Bala Cynwyd, PA 118,966119.0k $778.0k $778.0k 0.17% Reduced -28.0k -27,976
89 HOLLENCREST CAPITAL MANAGEMENT 0.03% of their portfolio NEWPORT BEACH, CA 118,357118.4k $774.1k $774.1k 0.03% Unchanged
90 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 118,109118.1k $772.4k $772.4k 0.00% Unchanged
91 OXFORD ASSET MANAGEMENT LLP 0.23% of their portfolio OXFORD, X0 108,276108.3k $708.1k $708.1k 0.23% Not comparable
92 PKO Investment Management Joint-Stock Co 0.07% of their portfolio WARSAW, R9 104,377104.4k $680.1k $680.1k 0.07% Reduced -50.0k -50,000
93 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 103,809103.8k $679.0k $679.0k 0.00% Reduced -74.4k -74,441
94 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 101,373101.4k $662.0k $662.0k 0.00% Added +75.6k +75,553
95 TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio STAMFORD, CT 99,17799.2k $648.6k $648.6k 0.00% New
96 Versor Investments LP 0.11% of their portfolio New York, NY 97,40097.4k $637.8k $637.8k 0.11% New
97 Catalyst Funds Management Pty Ltd 0.16% of their portfolio SYDNEY NSW, C3 89,30089.3k $584.0k $584.0k 0.16% New
98 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 84,78184.8k $554.5k $554.5k 0.01% Added +77.5k +77,505
99 State of Tennessee, Department of Treasury 0.00% of their portfolio NASHVILLE, TN 83,75283.8k $547.1k $547.1k 0.00% Added +35.5k +35,469
100 XTX Topco Ltd 0.02% of their portfolio LONDON, X0 82,88982.9k $542.1k $542.1k 0.02% Reduced -3.6k -3,567