State of Wyoming’s Hudbay HBM Stock Holding History

State of Wyoming’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
2025 Q4	–	Sell	-52,768	Closed	-$800K	–	1934
2025 Q3	$800K	Buy	+52,768	New	+$604K	0.09%	136
2025 Q2	–	Sell	-7,702	Closed	-$58.5K	–	1952
2025 Q1	$58.5K	Sell	7,702 -4,445	-37%	-$36.2K	0.01%	1384
2024 Q4	$98.4K	Sell	12,147 -24,932	-67%	-$224K	0.01%	1193
2024 Q3	$341K	Buy	+37,079	New	+$299K	0.05%	352

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

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

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

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

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

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

Arrowstreet Capital Boston, Massachusetts $185B AUM 39.58% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

State of Wyoming's HBM Position: Q4 2025 in Review

State of Wyoming sold out of Hudbay (HBM) in Q4 2025, closing a stake of 52,768 shares — an estimated $800K sold.

State of Wyoming first reported a position in HBM in Q3 2024 and held it in 4 quarters. The position peaked at $800K in Q3 2025. 273 funds tracked by Wall St. Rank hold HBM as of Q4 2025.

State of Wyoming reported no remaining Hudbay position as of Q4 2025 after selling out during the quarter.
State of Wyoming sold 52,768 Hudbay shares in Q4 2025, an estimated $800K.
State of Wyoming first reported a position in Hudbay in Q3 2024 and held it in 4 quarters.
State of Wyoming's Hudbay position peaked at $800K in Q3 2025.
273 funds tracked by Wall St. Rank held Hudbay as of Q4 2025.

Based on State of Wyoming's 13F filing for Q4 2025, filed 11 Feb 2026.