Hudbay
164 hedge funds and large institutions have $958M invested in Hudbay in 2023 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 69 increasing their positions, 36 reducing their positions, and 19 closing their positions.
100% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 19
92% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 36
87% more call options, than puts
Call options by funds: $8.08M | Put options by funds: $4.32M
12% more funds holding
Funds holding: 147 → 164 (+17)
6% more capital invested
Capital invested by funds: $900M → $958M (+$57.9M)
0.64% more ownership
Funds ownership: 67.35% → 67.99% (+0.64%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$29.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$22.5M |
| 3 |
LC
L1 Capital
Melbourne VIC 3000,
Australia
|
+$19.1M |
| 4 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
+$9.83M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
+$8.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WGRM
Waterton Global Resource Management
Toronto,
Ontario, Canada
|
-$84.7M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$22.9M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$10.5M |
| 4 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$10.3M |
| 5 |
BCA
Boundary Creek Advisors
New York
|
-$4.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWA
176
Stratos Wealth Advisors
Beachwood,
Ohio
| – | -$51.3K | -10,109 | Closed |
|
|
PCM
177
Perritt Capital Management
Chicago,
Illinois
| – | -$43.4K | -8,567 | Closed |
|
178
Rockefeller Capital Management
New York
| – | -$16K | -3,352 | Closed |
|
|
SSG
179
Summit Securities Group
New York
| – | -$12K | -2,393 | Closed |
|
|
USCWA
180
U.S. Capital Wealth Advisors
Austin,
Texas
| – | -$8.62K | -1,700 | Closed |
|
181
Point72 Asset Management
Stamford,
Connecticut
| – | -$1.51K | -297 | Closed |
|
|
MWM
182
MinichMacGregor Wealth Management
Saratoga Springs,
New York
| – | -$329 | -65 | Closed |
|
|
BWL
183
Bogart Wealth LLC
Mclean,
Virginia
| – | -$51 | -10 | Closed |
|
HBM Hedge Fund Activity: Q1 2023 in Review
164 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q1 2023, worth a combined $958M — up 6.4% from $900M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new HBM positions and 19 closed out — a net gain of 19 holders — while 69 added to existing stakes and 36 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $29.3M. The largest seller was Waterton Global Resource Management, cutting an estimated $84.7M.
- 164 institutional investors held Hudbay (HBM) as of Q1 2023, up from 147 in Q4 2022.
- Funds reported $958M of Hudbay stock for Q1 2023, up 6.4% quarter-over-quarter.
- 38 funds opened new Hudbay positions in Q1 2023 and 19 closed out, a net change of +19 holders.
- The largest Hudbay buyer in Q1 2023 was Acadian Asset Management, an estimated $29.3M added.
- The largest Hudbay seller in Q1 2023 was Waterton Global Resource Management, an estimated $84.7M sold.
Based on aggregated 13F filings for Q1 2023.