Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Fortuna Mng Corp (FSM)

243 + 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
↓ -5
Streak
1Q ▼
Buyers last Q
51%

Smart Money Signals — FSM

Based on 246 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their FSM positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (98% of max)

98% of all-time peak
246 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 — +24% more funds vs a year ago

fund count last 6Q
+48 new funds entered over the past year (+24% 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 — 51% buying

131 buying126 selling
Last quarter: 131 funds bought or added vs 126 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.
⚠️

Fewer new buyers each quarter (-13 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 44 → 46 → 52 → 39. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
📌

Mixed — 32% long-term, 30% new

■ 32% conviction (2yr+) ■ 38% medium ■ 30% new
Of the 246 current holders: 79 (32%) held >2 years, 94 held 1–2 years, and 73 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
➡️

Steady discovery — ~39 new funds/quarter

45 → 44 → 46 → 52 → 39 new funds/Q
New funds entering each quarter: 44 → 46 → 52 → 39. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊

Mixed cohorts — 3% veterans, 39% new entrants

■ 3% veterans ■ 58% 1-2yr ■ 39% new
Of 262 current holders: 7 (3%) held 2+ years, 153 held 1–2 years, 102 (39%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆

Elite ownership — 46% AUM from top-100 funds

46% from top-100 AUM funds
43 of 243 holders are among the 100 largest funds by AUM, controlling 46% 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.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — 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 Q2, 131 hedge funds were net buyers of FSM (39 opened a new position, 92 added to an existing one), while 126 reduced or exited (82 trimmed, 44 sold completely) — a 51% buyer ratio, indicating a slight buying edge. 46% of total institutional value in FSM is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -5 funds (more exits than new entries). Total institutional holders: 246.

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

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

13 top-rated funds 3 high-conviction
Consensus
5.0
/ 10
breadth
×
Elite
2.5
/ 10
conviction
Hedge Fund Positioning: FSM
243 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 243 251 -3.19%
13F Shares 198M 206M -3.85%
Total Value $1.53B $1.68B -8.6%
New Positions 39 52 -13
Increased Positions 83 88 -5
Closed Positions 44 36 +8
Reduced Positions 81 76 +5
Total Calls 8 10 -20.0%
Total Puts 11 10 10.0%
PUT/CALL Ratio 1.38 1.0 Bearish

Statistics: FSM

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Institutional Holders (2026 Q2)

243 + 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 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Global Strategic Management Inc 6.53% 1,000,419 $8.5M
2 Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. 2.75% 151,500 $1.3M
3 Sicart Associates LLC 2.43% 1,172,808 $9.9M
4 Extract Advisors LLC 1.36% 575,000 $4.9M
5 PCJ Investment Counsel Ltd. 0.95% 391,330 $3.3M
6 Spark Investment Management LLC 0.74% 45,000 $380K
7 Abbington Investment Group 0.69% 127,627 $1.1M
8 U S Global Investors Inc 0.60% 743,591 $6.3M
9 Klein Pavlis & Peasley Financial, INC. 0.54% 123,888 $1.0M
10 De Lisle Partners LLP 0.21% 230,349 $1.9M
11 Hillsdale Investment Management Inc. 0.21% 1,096,125 $9.3M
12 Causeway Capital Management LLC 0.19% 2,086,645 $17.6M
13 Jump Financial, LLC 0.19% 2,307,495 $14.1M
14 Channing Global Advisors, LLC 0.18% 40,331 $341K
15 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.15% 15,035,452 $127.1M
16 SPWM Advisors LLC 0.15% 20,010 $163K
17 Realta Investment Advisors 0.15% 55,550 $469K
18 Pine Valley Investments Ltd Liability Co 0.14% 408,858 $3.5M
19 Integrated Quantitative Investments LLC 0.14% 97,568 $824K
20 Virtus Advisers, LLC 0.13% 39,571 $334K
21 Numerai GP LLC 0.12% 169,986 $1.4M
22 Van Eck Associates Corp 0.11% 20,986,066 $177.4M
23 Picton Mahoney Asset Management 0.10% 1,643,665 $13.9M
24 Dynamic Technology Lab Private Ltd 0.09% 49,691 $420K
25 PKO Investment Management Joint-Stock Co 0.09% 151,438 $1.3M
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?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their FSM positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for FSM?

Slight buying edge — 51% buying: Last quarter: 131 funds bought or added vs 126 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 — 46% AUM from top-100 funds: 43 of 243 holders are among the 100 largest funds by AUM, controlling 46% 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?

Mixed — 32% long-term, 30% new: Of the 246 current holders: 79 (32%) held >2 years, 94 held 1–2 years, and 73 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

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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