Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Fortuna Mng Corp (FSM)

250 + Investors. Track Smart Money conviction in FSM. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +17
Streak
5Q ▲
Buyers last Q
56%

Smart Money Signals — FSM

Based on 251 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 5 quarters in a row

last 6Q
For 5 consecutive quarters, more hedge funds added FSM than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
251 hedge funds hold FSM right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +43% more funds vs a year ago

fund count last 6Q
+76 new funds entered over the past year (+43% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 56% buying

146 buying116 selling
Last quarter: 146 funds bought or added vs 116 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+6 vs last Q)

new funds entering per quarter
Funds opening a new FSM position: 45 → 43 → 46 → 52. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 39% entered in last year

■ 8% conviction (2yr+) ■ 53% medium ■ 39% new
Only 20 funds (8%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💎

Buying through price weakness — shares -3%, value -20%

Value
-19%
Shares
-3%
Last quarter: funds added -3% more shares while total portfolio value only changed -20%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

33 → 45 → 43 → 46 → 52 new funds/Q
New funds entering each quarter: 45 → 43 → 46 → 52. A growing number of institutions are discovering FSM each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
📊

Mixed cohorts — 3% veterans, 44% new entrants

■ 3% veterans ■ 53% 1-2yr ■ 44% new
Of 268 current holders: 7 (3%) held 2+ years, 143 held 1–2 years, 118 (44%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆

Elite ownership — 52% AUM from top-100 funds

52% from top-100 AUM funds
41 of 248 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in FSM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.5
out of 10
Moderate Exit Risk
Exit risk score 4.5/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — FSM

In 2026 Q1, 146 hedge funds were net buyers of FSM (52 opened a new position, 94 added to an existing one), while 116 reduced or exited (81 trimmed, 35 sold completely) — a 56% buyer ratio, indicating a slight buying edge. This marks 5 consecutive quarters of net institutional buying — a persistent conviction signal. 52% of total institutional value in FSM is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +17 funds (more new holders than closures). Total institutional holders: 251.

Hedge Fund Ownership: FSM

How many hedge funds hold FSM — quarterly history vs. share price
Quarterly hedge fund ownership of FSM vs. share price

Market Analysis: FSM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FSM

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Fortuna Mng Corp (FSM) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much FSM has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 85d ago
FSM
-13.4%
SPY
+14.9%

FSM outperformed SPY by -28.3% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 40d ago
FSM
-9.9%
SPY
+1.1%

Since the filing became public, FSM outperformed SPY by -11.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

18 top-rated funds 3 high-conviction
Consensus
5.6
/ 10
breadth
×
Elite
2.5
/ 10
conviction
Hedge Fund Positioning: FSM
250 + Investors

Track Smart Money conviction in FSM. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 250 234 6.84%
13F Shares 206M 213M -3.43%
Total Value $1.68B $2.09B -19.67%
New Positions 52 46 +6
Increased Positions 88 78 +10
Closed Positions 36 22 +14
Reduced Positions 75 69 +6
Total Calls 10 14 -28.57%
Total Puts 10 12 -16.67%
PUT/CALL Ratio 1.0 0.86 Neutral

Statistics: FSM

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

250 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in FSM. Verified SEC 13F-HR filings.

QUARTER:
Top 25 FSM holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Global Strategic Management Inc 8.02% 977,049 $9.7M
2 Global IMC LLC 3.83% 181,802 $1.8M
3 Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. 2.23% 125,900 $1.3M
4 Sicart Associates LLC 1.65% 648,736 $6.4M
5 Chase Investment Counsel Corp 1.04% 398,548 $4.0M
6 Abbington Investment Group 0.74% 127,816 $1.3M
7 PCJ Investment Counsel Ltd. 0.73% 258,330 $2.6M
8 Channing Global Advisors, LLC 0.72% 124,082 $1.2M
9 Klein Pavlis & Peasley Financial, INC. 0.64% 116,582 $1.2M
10 U S Global Investors Inc 0.44% 383,650 $3.8M
11 Integrated Quantitative Investments LLC 0.40% 223,506 $2.2M
12 Hillsdale Investment Management Inc. 0.35% 1,304,555 $13.0M
13 Exit Wealth Advisors, LLC. 0.30% 59,288 $589K
14 De Lisle Partners LLP 0.27% 230,349 $2.3M
15 Informed Momentum Co LLC 0.25% 222,240 $2.2M
16 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.23% 17,333,350 $171.8M
17 Auxano Advisors, LLC 0.21% 106,000 $1.1M
18 Realta Investment Advisors 0.19% 55,550 $552K
19 SPWM Advisors LLC 0.19% 20,010 $217K
20 Precision Wealth Strategies, LLC 0.18% 55,513 $551K
21 Virtus Advisers, LLC 0.17% 37,681 $374K
22 Oxford Asset Management LLP 0.16% 37,503 $372K
23 Causeway Capital Management LLC 0.15% 1,251,045 $12.4M
24 Tidal Investments LLC 0.14% 6,648,627 $66.0M
25 Groupe la Francaise 0.14% 1,023,380 $10.1M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Fortuna Mng Corp (FSM)

What does the Smart Money Trend signal show for FSM?

Buying streak — 5 quarters in a row: For 5 consecutive quarters, more hedge funds added FSM than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for FSM?

Slight buying edge — 56% buying: Last quarter: 146 funds bought or added vs 116 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for FSM holders?

Elite ownership — 52% AUM from top-100 funds: 41 of 248 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in FSM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held FSM?

Mostly new holders — 39% entered in last year: Only 20 funds (8%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Fortuna Mng Corp (FSM) following the 2026 Q1 hedge fund 13F filings?

As of today, FSM has moved -9.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.1% for the SPY sector ETF — an outperformance of -11.0%. Since the quarter end (March 31, 2026), FSM has gained -13.4% vs +14.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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