Hudbay
147 hedge funds and large institutions have $900M invested in Hudbay in 2022 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 49 increasing their positions, 40 reducing their positions, and 8 closing their positions.
388% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 8
42% more call options, than puts
Call options by funds: $10.1M | Put options by funds: $7.1M
27% more funds holding
Funds holding: 116 → 147 (+31)
25% more capital invested
Capital invested by funds: $721M → $900M (+$179M)
23% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 40
1.14% more ownership
Funds ownership: 66.21% → 67.35% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$14.3M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$11.9M |
| 3 |
Millennium Management
New York
|
+$10.9M |
| 4 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$9.76M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$9.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LC
L1 Capital
Melbourne VIC 3000,
Australia
|
-$47.5M |
| 2 |
WGRM
Waterton Global Resource Management
Toronto,
Ontario, Canada
|
-$28.9M |
| 3 |
HCM
Heathbridge Capital Management
Toronto,
Ontario, Canada
|
-$8.05M |
| 4 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
-$7.89M |
| 5 |
Renaissance Technologies
New York
|
-$4.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Envestnet Asset Management
Chicago,
Illinois
| – | -$163K | -40,354 | Closed |
|
|
BCM
152
Bayesian Capital Management
Brooklyn,
New York
| – | -$48K | -11,870 | Closed |
|
153
Bank of Nova Scotia
Toronto,
Ontario, Canada
| – | -$45K | -11,100 | Closed |
|
154
Barclays
London,
United Kingdom
| – | -$6K | -1,400 | Closed |
|
|
AIM
155
Axiom Investment Management
New York
| – | -$1K | -300 | Closed |
|
HBM Hedge Fund Activity: Q4 2022 in Review
147 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q4 2022, worth a combined $900M — up 25% from $721M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new HBM positions and 8 closed out — a net gain of 31 holders — while 49 added to existing stakes and 40 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $14.3M. The largest seller was L1 Capital, cutting an estimated $47.5M.
- 147 institutional investors held Hudbay (HBM) as of Q4 2022, up from 116 in Q3 2022.
- Funds reported $900M of Hudbay stock for Q4 2022, up 25% quarter-over-quarter.
- 39 funds opened new Hudbay positions in Q4 2022 and 8 closed out, a net change of +31 holders.
- The largest Hudbay buyer in Q4 2022 was Morgan Stanley, an estimated $14.3M added.
- The largest Hudbay seller in Q4 2022 was L1 Capital, an estimated $47.5M sold.
Based on aggregated 13F filings for Q4 2022.