Hudbay
59 hedge funds and large institutions have $1.14B invested in Hudbay in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 29 increasing their positions, 15 reducing their positions, and 5 closing their positions.
614% more call options, than puts
Call options by funds: $300K | Put options by funds: $42K
93% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 15
12% more capital invested
Capital invested by funds: $1.01B → $1.14B (+$124M)
3.81% more ownership
Funds ownership: 71.51% → 75.32% (+3.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less funds holding
Funds holding: 61 → 59 (-2)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$103M |
| 2 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
+$45M |
| 3 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
+$11.4M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$8.66M |
| 5 |
JP Morgan Chase
New York
|
+$6.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$6.24M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$5.8M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.14M |
| 4 |
RIM
RS Investment Management
San Francisco,
California
|
-$2.62M |
| 5 |
PI
PineBridge Investments
New York
|
-$2.11M |
HBM Hedge Fund Activity: Q1 2014 in Review
59 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q1 2014, worth a combined $1.14B — up 12% from $1.01B a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of HBM and 4 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 29 added.
The largest buyer was Credit Suisse, adding an estimated $103M. The largest seller was Canada Pension Plan Investment Board, cutting an estimated $6.24M.
- 59 institutional investors held Hudbay (HBM) as of Q1 2014, down from 61 in Q4 2013.
- Funds reported $1.14B of Hudbay stock for Q1 2014, up 12% quarter-over-quarter.
- 4 funds opened new Hudbay positions in Q1 2014 and 5 closed out, a net change of -1 holder.
- The largest Hudbay buyer in Q1 2014 was Credit Suisse, an estimated $103M added.
- The largest Hudbay seller in Q1 2014 was Canada Pension Plan Investment Board, an estimated $6.24M sold.
Based on aggregated 13F filings for Q1 2014.