We are live on ! Find out more
HBM icon

Hudbay
HBM

273 hedge funds and large institutions have $6.01B invested in Hudbay in 2025 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 78 increasing their positions, 103 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

361% more call options, than puts

Call options by funds: $51M | Put options by funds: $11.1M

39% more capital invested

Capital invested by funds: $4.31B → $6.01B (+$1.69B)

35% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 48

4.47% more ownership

Funds ownership: 71.69% → 76.16% (+4.5%)

3% more funds holding

Funds holding: 264 → 273 (+9)

17% less funds holding in top 10

Funds holding in top 10: 12 → 10 (-2)

24% less repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 103

Holders
273
Holders Change
+9
Holders Change %
+3.41%
% of All Funds
3.32%
Holding in Top 10
10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-16.67%
% of All Funds
0.12%
New
65
Increased
78
Reduced
103
Closed
48
Calls
$51M
Puts
$11.1M
Net Calls
+$39.9M
Net Calls Change
-$14.8M

Top Buyers

1
Fidelity International
Fidelity International
Bermuda
+$375M
2
Mackenzie Financial
Mackenzie Financial
Ontario, Canada
+$92.5M
3
Acadian Asset Management
Acadian Asset Management
Massachusetts
+$79.4M
4
Fidelity Investments
Fidelity Investments
Massachusetts
+$69.8M
5
Bank of Nova Scotia
Bank of Nova Scotia
Ontario, Canada
+$57.3M

Top Sellers

1
LC
L1 Capital
Australia
-$134M
2
DSC
Donald Smith & Co
New York
-$96.8M
3
GC
GMT Capital
Georgia
-$58.6M
4
Goldman Sachs
Goldman Sachs
New York
-$48.7M
5
EIG
EdgePoint Investment Group
Ontario, Canada
-$34.3M
Name Holding Trade Value Shares
Change 		Change in
Stake
ECM
276
ExodusPoint Capital Management
New York
– -$11.1M -730,499 Closed
SSA
277
Schonfeld Strategic Advisors
New York
– -$10.6M -700,307 Closed
TI
278
Trexquant Investment
Connecticut
– -$7.59M -500,927 Closed
Qube Research & Technologies (QRT)
279
Qube Research & Technologies (QRT)
United Kingdom
– -$6.45M -425,268 Closed
1CM
280
1492 Capital Management
Wisconsin
– -$2.77M -182,769 Closed
Balyasny Asset Management
281
Balyasny Asset Management
Illinois
– -$2.68M -177,058 Closed
ORP
282
Orion Resource Partners
New York
– -$2.53M -167,225 Closed
AC
283
Amitell Capital
Singapore
– -$2.14M -141,077 Closed
JF
284
Jump Financial
Illinois
– -$2M -131,600 Closed
Zurich Cantonal Bank
285
Zurich Cantonal Bank
Switzerland
– -$2.16M -127,880 Closed
Squarepoint
286
Squarepoint
New York
– -$1.8M -118,756 Closed
TAM
287
TFG Asset Management
Cayman Islands
– -$1.78M -117,500 Closed
Verition Fund Management
288
Verition Fund Management
Connecticut
– -$1.74M -115,000 Closed
Blackstone Inc
289
Blackstone Inc
New York
– -$1.54M -101,705 Closed
XT
290
XTX Topco
Cayman Islands
– -$1.42M -93,338 Closed
Group One Trading
291
Group One Trading
Illinois
– -$1.37M -80,884 Closed
PAP
292
Persistent Asset Partners
Hong Kong
– -$1.03M -67,754 Closed
AIM
293
Aigen Investment Management
New York
– -$1.35M -65,955 Closed
CM
294
Caption Management
Oklahoma
– -$940K -62,000 Closed
ET
295
Entropy Technologies
New York
– -$872K -57,519 Closed
SOW
296
State of Wyoming
Wyoming
– -$800K -52,768 Closed
HF
297
HRT Financial
New York
– -$612K -40,415 Closed
SI
298
SCP Investment
California
– -$588K -38,800 Closed
JAM
299
Jupiter Asset Management
United Kingdom
– -$525K -34,631 Closed
OAC
300
OMERS Administration Corp
Ontario, Canada
– -$442K -29,200 Closed
9 10 11
12
13

HBM Hedge Fund Activity: Q4 2025 in Review

273 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q4 2025, worth a combined $6.01B — up 39% from $4.31B a quarter earlier.

Buyers outnumbered sellers: 65 funds opened new HBM positions and 48 closed out — a net gain of 17 holders — while 78 added to existing stakes and 103 trimmed.

The largest buyer was Fidelity International, adding an estimated $375M. The largest seller was L1 Capital, exiting entirely with an estimated $134M sold.

  • 273 institutional investors held Hudbay (HBM) as of Q4 2025, up from 264 in Q3 2025.
  • Funds reported $6.01B of Hudbay stock for Q4 2025, up 39% quarter-over-quarter.
  • 65 funds opened new Hudbay positions in Q4 2025 and 48 closed out, a net change of +17 holders.
  • The largest Hudbay buyer in Q4 2025 was Fidelity International, an estimated $375M added.
  • The largest Hudbay seller in Q4 2025 was L1 Capital, an estimated $134M sold.

Based on aggregated 13F filings for Q4 2025.