Hudbay
115 hedge funds and large institutions have $920M invested in Hudbay in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 41 increasing their positions, 44 reducing their positions, and 17 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
1% less funds holding
Funds holding: 116 → 115 (-1)
6% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 17
7% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 44
2.74% less ownership
Funds ownership: 67.81% → 65.07% (-2.7%)
15% less call options, than puts
Call options by funds: $1.25M | Put options by funds: $1.47M
28% less capital invested
Capital invested by funds: $1.27B → $920M (-$350M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WGRM
Waterton Global Resource Management
Toronto,
Ontario, Canada
|
+$12.2M |
| 2 |
Renaissance Technologies
New York
|
+$9.65M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$8.91M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.58M |
| 5 |
AFM
Anson Funds Management
Dallas,
Texas
|
+$2.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$20.8M |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$16.3M |
| 3 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$9.51M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$8.31M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$7.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Assenagon Asset Management
Senningerberg,
Luxembourg
| – | -$164K | -22,916 | Closed |
|
|
BCM
127
BlueCrest Capital Management
St Helier,
Jersey
| – | -$136K | -19,034 | Closed |
|
128
Jane Street
New York
| – | -$97K | -13,558 | Closed |
|
|
TI
129
Trexquant Investment
Stamford,
Connecticut
| – | -$84K | -11,700 | Closed |
|
|
BCM
130
Bayesian Capital Management
Brooklyn,
New York
| – | -$79K | -11,000 | Closed |
|
|
JWA
131
JFS Wealth Advisors
Hermitage,
Pennsylvania
| – | -$3K | -478 | Closed |
|
HBM Hedge Fund Activity: Q2 2019 in Review
115 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q2 2019, worth a combined $920M — down 28% from $1.27B a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of HBM and 16 opened new positions — a net loss of 1 holder — while 44 trimmed existing stakes and 41 added.
The largest buyer was Waterton Global Resource Management, adding an estimated $12.2M. The largest seller was Allianz Asset Management, cutting an estimated $20.8M.
- 115 institutional investors held Hudbay (HBM) as of Q2 2019, down from 116 in Q1 2019.
- Funds reported $920M of Hudbay stock for Q2 2019, down 28% quarter-over-quarter.
- 16 funds opened new Hudbay positions in Q2 2019 and 17 closed out, a net change of -1 holder.
- The largest Hudbay buyer in Q2 2019 was Waterton Global Resource Management, an estimated $12.2M added.
- The largest Hudbay seller in Q2 2019 was Allianz Asset Management, an estimated $20.8M sold.
Based on aggregated 13F filings for Q2 2019.