Hudbay
178 hedge funds and large institutions have $1.17B invested in Hudbay in 2023 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 68 increasing their positions, 53 reducing their positions, and 19 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
47% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 19
28% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 53
20% more capital invested
Capital invested by funds: $971M → $1.17B (+$198M)
5% more funds holding
Funds holding: 170 → 178 (+8)
3.58% more ownership
Funds ownership: 55.45% → 59.03% (+3.6%)
10% less call options, than puts
Call options by funds: $3.79M | Put options by funds: $4.22M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
+$17.8M |
| 2 |
GC
GMT Capital
Atlanta,
Georgia
|
+$16.8M |
| 3 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
+$12.4M |
| 4 |
ECA
Encompass Capital Advisors
New York
|
+$10.2M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$9.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$21.2M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$13.3M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$8.85M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$6.64M |
| 5 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$3.66M |
HBM Hedge Fund Activity: Q4 2023 in Review
178 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q4 2023, worth a combined $1.17B — up 20% from $971M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new HBM positions and 19 closed out — a net gain of 9 holders — while 68 added to existing stakes and 53 trimmed.
The largest buyer was Donald Smith & Co, adding an estimated $17.8M. The largest seller was T. Rowe Price Associates, cutting an estimated $21.2M.
- 178 institutional investors held Hudbay (HBM) as of Q4 2023, up from 170 in Q3 2023.
- Funds reported $1.17B of Hudbay stock for Q4 2023, up 20% quarter-over-quarter.
- 28 funds opened new Hudbay positions in Q4 2023 and 19 closed out, a net change of +9 holders.
- The largest Hudbay buyer in Q4 2023 was Donald Smith & Co, an estimated $17.8M added.
- The largest Hudbay seller in Q4 2023 was T. Rowe Price Associates, an estimated $21.2M sold.
Based on aggregated 13F filings for Q4 2023.