Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake
Trade Value Portfolio Weight Portfolio Position
2026
Q2
$236M Buy
+9,977,133
New +$252M 7.92% 7
2025
Q4
Sell
-8,379,964
Closed -$134M 26
2025
Q3
$134M Sell
8,379,964
-6,674,123
-44% -$76.4M 8.46% 5
2025
Q2
$160M Buy
15,054,087
+630,703
+4% +$5.26M 9.66% 2
2025
Q1
$109M Buy
14,423,384
+4,410,778
+44% +$35.9M 10.18% 5
2024
Q4
$117M Sell
10,012,606
-3,625,056
-27% -$32.5M 9.99% 2
2024
Q3
$170M Buy
13,637,662
+2,878,134
+27% +$23.2M 14.59% 2
2024
Q2
$133M Sell
10,759,528
-5,130,936
-32% -$44.5M 12.17% 3
2024
Q1
$149M Sell
15,890,464
-1,050,171
-6% -$6.11M 12.38% 3
2023
Q4
$124M Buy
16,940,635
+641,279
+4% +$3.01M 11.6% 5
2023
Q3
$108M Buy
16,299,356
+2,141,437
+15% +$10.9M 9.18% 5
2023
Q2
$89.9M Buy
14,157,919
+2,312,179
+20% +$11.3M 10.82% 4
2023
Q1
$84M Buy
11,845,740
+3,622,951
+44% +$19.1M 11.7% 3
2022
Q4
$56.2M Sell
8,222,789
-9,853,225
-55% -$47.5M 8.68% 6
2022
Q3
$101M Sell
18,076,014
-263,440
-1% -$1.06M 19.65% 1
2022
Q2
$90.4M Buy
18,339,454
+5,567,414
+44% +$33.2M 17.64% 1
2022
Q1
$105M Buy
12,772,040
+1,462,480
+13% +$11.4M 12.73% 3
2021
Q4
$104M Buy
11,309,560
+1,596,887
+16% +$11.1M 11.96% 3
2021
Q3
$76.7M Buy
9,712,673
+125,716
+1% +$796K 9.54% 5
2021
Q2
$79.1M Buy
+9,586,957
New +$71.7M 16.33% 3

Other funds holding HBM

L1 Capital's HBM Position: Q2 2026 in Review

L1 Capital opened a new position in Hudbay (HBM) in Q2 2026: 9,977,133 shares worth $236M. The stake represents 7.92% of the portfolio and ranks #7 among its holdings. This is a return to the name: L1 Capital previously reported a position in HBM as recently as Q3 2025.

L1 Capital first reported a position in HBM in Q2 2021 and has held it in 19 quarters since. 320 funds tracked by Wall St. Rank hold HBM as of Q2 2026.

  • L1 Capital held 9,977,133 shares of Hudbay worth $236M as of Q2 2026.
  • Hudbay was a new L1 Capital position in Q2 2026.
  • Hudbay made up 7.92% of L1 Capital's portfolio in Q2 2026, its #7 holding.
  • L1 Capital first reported a position in Hudbay in Q2 2021 and has held it in 19 quarters since.
  • 320 funds tracked by Wall St. Rank held Hudbay as of Q2 2026.

Based on L1 Capital's 13F filing for Q2 2026, filed 13 Aug 2026.