Hudbay
HBM
62 hedge funds and large institutions have $966M invested in Hudbay in 2013 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 25 increasing their positions, 27 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
31% more capital invested
Capital invested by funds: $735M → $966M (+$231M)
3.84% more ownership
Funds ownership: 64.57% → 68.41% (+3.8%)
7% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 27
9% less call options, than puts
Call options by funds: $304K | Put options by funds: $334K
10% less funds holding
Funds holding: 69 → 62 (-7)
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$69.9M |
| 2 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
+$5.23M |
| 3 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
+$4.36M |
| 4 |
RIM
RS Investment Management
San Francisco,
California
|
+$3.95M |
| 5 |
HCM
Heathbridge Capital Management
Toronto,
Ontario, Canada
|
+$3.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$17.1M |
| 2 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$12.6M |
| 3 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$5.78M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.44M |
| 5 |
BII
Baring International Investment
London,
United Kingdom
|
-$2.26M |
HBM Hedge Fund Activity: Q3 2013 in Review
62 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q3 2013, worth a combined $966M — up 31% from $735M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of HBM and 1 opened new positions — a net loss of 7 holders — while 27 trimmed existing stakes and 25 added.
The largest buyer was Franklin Resources, adding an estimated $69.9M. The largest seller was Royal Bank of Canada, cutting an estimated $17.1M.
- 62 institutional investors held Hudbay (HBM) as of Q3 2013, down from 69 in Q2 2013.
- Funds reported $966M of Hudbay stock for Q3 2013, up 31% quarter-over-quarter.
- 1 fund opened new Hudbay positions in Q3 2013 and 8 closed out, a net change of -7 holders.
- The largest Hudbay buyer in Q3 2013 was Franklin Resources, an estimated $69.9M added.
- The largest Hudbay seller in Q3 2013 was Royal Bank of Canada, an estimated $17.1M sold.
Based on aggregated 13F filings for Q3 2013.