Hudbay
128 hedge funds and large institutions have $735M invested in Hudbay in 2018 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 46 increasing their positions, 51 reducing their positions, and 22 closing their positions.
24% more call options, than puts
Call options by funds: $910K | Put options by funds: $732K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 51
4% less funds holding
Funds holding: 134 → 128 (-6)
5.24% less ownership
Funds ownership: 60.57% → 55.33% (-5.2%)
17% less capital invested
Capital invested by funds: $884M → $735M (-$149M)
23% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
+$20.3M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$10.9M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.71M |
| 4 |
GC
GMT Capital
Atlanta,
Georgia
|
+$7.75M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$7.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$23.6M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$19.8M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$14.9M |
| 4 |
MWNA
Marshall Wace North America
New York
|
-$11.1M |
| 5 |
Goldman Sachs
New York
|
-$9.09M |
HBM Hedge Fund Activity: Q3 2018 in Review
128 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q3 2018, worth a combined $735M — down 17% from $884M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of HBM and 17 opened new positions — a net loss of 5 holders — while 51 trimmed existing stakes and 46 added.
The largest buyer was Letko, Brosseau & Associates, adding an estimated $20.3M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $23.6M sold.
- 128 institutional investors held Hudbay (HBM) as of Q3 2018, down from 134 in Q2 2018.
- Funds reported $735M of Hudbay stock for Q3 2018, down 17% quarter-over-quarter.
- 17 funds opened new Hudbay positions in Q3 2018 and 22 closed out, a net change of -5 holders.
- The largest Hudbay buyer in Q3 2018 was Letko, Brosseau & Associates, an estimated $20.3M added.
- The largest Hudbay seller in Q3 2018 was Capital Research Global Investors, an estimated $23.6M sold.
Based on aggregated 13F filings for Q3 2018.