Mudita Advisors’s Hudbay HBM Stock Holding History

Mudita Advisors’s Portfolio HBM Stock Details HBM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$6.63M	Sell	317,389 -606,800	-66%	-$14.2M	1.35%	18
2025 Q4	$18.3M	Sell	924,189 -316	-0%	-$5.34K	3.96%	9
2025 Q3	$14M	Sell	924,505 -432,600	-32%	-$4.95M	4.05%	8
2025 Q2	$14.4M	Buy	1,357,105 +1,003,800	+284%	+$8.36M	4.83%	6
2025 Q1	$2.68M	Buy	353,305 +150,000	+74%	+$1.22M	1.35%	17
2024 Q4	$1.65M	Hold	203,305	–	–	0.93%	17
2024 Q3	$1.87M	Hold	203,305	–	–	1.02%	16
2024 Q2	$1.84M	Buy	203,305 +60,000	+42%	+$521K	0.94%	17
2024 Q1	$1M	Sell	143,305 -500,000	-78%	-$2.91M	0.6%	16
2023 Q4	$3.54M	Hold	643,305	–	–	2.46%	14
2023 Q3	$3.13M	Sell	643,305 -162,700	-20%	-$825K	2.29%	15
2023 Q2	$3.86M	Buy	+806,005	New	+$3.94M	2.96%	13

Other funds holding HBM

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

GMT Capital Atlanta, Georgia $2.19B AUM 72.3% 1-Year Est. Return

Mirae Asset Global ETFs Holdings Causeway Bay, Hong Kong $73.7B AUM 53.56% 1-Year Est. Return

Hancock Prospecting West Perth, Australia $3.33B AUM 65.96% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Mackenzie Financial Toronto Ontario, Ontario, Canada $83.3B AUM 31.19% 1-Year Est. Return

Acadian Asset Management Boston, Massachusetts $70.5B AUM 36% 1-Year Est. Return

CIBC Asset Management Toronto, Ontario, Canada $40.9B AUM 35.96% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Mudita Advisors's HBM Position: Q1 2026 in Review

Mudita Advisors reduced its Hudbay (HBM) stake by 66% in Q1 2026, selling an estimated $14.2M and leaving 317,389 shares worth $6.63M. The position accounts for 1.35% of the portfolio, ranked #18.

Mudita Advisors first reported a position in HBM in Q2 2023 and has held it in 12 quarters since. The position peaked at $18.3M in Q4 2025. 295 funds tracked by Wall St. Rank hold HBM as of Q1 2026.

Mudita Advisors held 317,389 shares of Hudbay worth $6.63M as of Q1 2026.
Mudita Advisors sold 606,800 Hudbay shares in Q1 2026, an estimated $14.2M.
Hudbay made up 1.35% of Mudita Advisors's portfolio in Q1 2026, its #18 holding.
Mudita Advisors first reported a position in Hudbay in Q2 2023 and has held it in 12 quarters since.
Mudita Advisors's Hudbay position peaked at $18.3M in Q4 2025.
295 funds tracked by Wall St. Rank held Hudbay as of Q1 2026.

Based on Mudita Advisors's 13F filing for Q1 2026, filed 14 May 2026.