Hudbay
73 hedge funds and large institutions have $1.29B invested in Hudbay in 2014 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 33 reducing their positions, and 9 closing their positions.
8.78% more ownership
Funds ownership: 54.44% → 63.22% (+8.8%)
1% less capital invested
Capital invested by funds: $1.3B → $1.29B (-$12.6M)
5% less funds holding
Funds holding: 77 → 73 (-4)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
16% less call options, than puts
Call options by funds: $238K | Put options by funds: $285K
33% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 33
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$25.5M |
| 2 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
+$6.23M |
| 3 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
+$3.04M |
| 4 |
DSC
Donald Smith & Co
New York
|
+$2.94M |
| 5 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
+$2.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$12M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$11.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$7.42M |
| 4 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$6.1M |
| 5 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$4.77M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$522 | -54,736 | Closed |
|
|
LOAMS
77
Lombard Odier Asset Management (Switzerland)
Petit-Lancy,
Switzerland
| – | -$352K | -41,000 | Closed |
|
78
VanEck Associates
New York
| – | -$132K | -15,496 | Closed |
|
79
Renaissance Technologies
New York
| – | -$128K | -14,982 | Closed |
|
|
CLOS
80
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | -$27K | -3,150 | Closed |
|
81
Envestnet Asset Management
Chicago,
Illinois
| – | -$7K | -782 | Closed |
|
82
Group One Trading
Chicago,
Illinois
| – | -$2K | -203 | Closed |
|
HBM Hedge Fund Activity: Q4 2014 in Review
73 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q4 2014, worth a combined $1.29B — down 0.97% from $1.3B a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of HBM and 8 opened new positions — a net loss of 1 holder — while 33 trimmed existing stakes and 22 added.
The largest buyer was Allianz Asset Management, adding an estimated $25.5M. The largest seller was Royal Bank of Canada, cutting an estimated $12M.
- 73 institutional investors held Hudbay (HBM) as of Q4 2014, down from 77 in Q3 2014.
- Funds reported $1.29B of Hudbay stock for Q4 2014, down 0.97% quarter-over-quarter.
- 8 funds opened new Hudbay positions in Q4 2014 and 9 closed out, a net change of -1 holder.
- The largest Hudbay buyer in Q4 2014 was Allianz Asset Management, an estimated $25.5M added.
- The largest Hudbay seller in Q4 2014 was Royal Bank of Canada, an estimated $12M sold.
Based on aggregated 13F filings for Q4 2014.