National Bank of Canada’s Hudbay HBM Stock Holding History

National Bank of Canada’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 Q2	$1.62M	Sell	685 -461	-40%	-$11.7K	﹤0.01%	1175
2026 Q1	$2.4M	Buy	1,146 +426	+59%	+$9.96K	﹤0.01%	1034
2025 Q4	$1.43M	Sell	720 -266	-27%	-$4.5K	﹤0.01%	1132
2025 Q3	$1.49M	Buy	986 +57	+6%	+$653	﹤0.01%	1143
2025 Q2	$985K	Sell	929 -660	-42%	-$5.5K	﹤0.01%	1288
2025 Q1	$1.2M	Buy	1,589 +707	+80%	+$5.76K	﹤0.01%	1161
2024 Q4	$716K	Buy	+882	New	+$7.91K	﹤0.01%	1361

Other funds holding HBM

Fidelity International Hamilton, Bermuda $139B AUM 29.06% 1-Year Est. Return

Mackenzie Financial Toronto Ontario, Ontario, Canada $100B AUM 36.93% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

L1 Capital Melbourne VIC 3000, Australia $2.97B AUM 43.46% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $304B AUM 35.64% 1-Year Est. Return

CIBC Asset Management Toronto, Ontario, Canada $45.6B AUM 44.74% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

Acadian Asset Management Boston, Massachusetts $84.2B AUM 55.88% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

American Century Companies Kansas City, Missouri $226B AUM 44.75% 1-Year Est. Return

National Bank of Canada's HBM Position: Q2 2026 in Review

National Bank of Canada reduced its Hudbay (HBM) stake by 40% in Q2 2026, selling an estimated $27.8M and leaving 1,668,804 shares worth $39M. The position accounts for 0.03% of the portfolio, ranked #396.

National Bank of Canada first reported a position in HBM in Q4 2021 and has held it in 19 quarters since. The position peaked at $71.6M in Q4 2025. 220 funds tracked by Wall St. Rank hold HBM as of Q2 2026.

National Bank of Canada held 1,668,804 shares of Hudbay worth $39M as of Q2 2026.
National Bank of Canada sold 1,100,087 Hudbay shares in Q2 2026, an estimated $27.8M.
Hudbay made up 0.03% of National Bank of Canada's portfolio in Q2 2026, its #396 holding.
National Bank of Canada first reported a position in Hudbay in Q4 2021 and has held it in 19 quarters since.
National Bank of Canada's Hudbay position peaked at $71.6M in Q4 2025.
220 funds tracked by Wall St. Rank held Hudbay as of Q2 2026.

Based on National Bank of Canada's 13F filing for Q2 2026, filed 10 Aug 2026.