Hudbay
HBM
61 hedge funds and large institutions have $1.01B invested in Hudbay in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 20 reducing their positions, and 8 closing their positions.
3.1% more ownership
Funds ownership: 68.41% → 71.51% (+3.1%)
5% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 20
5% more capital invested
Capital invested by funds: $966M → $1.01B (+$45.6M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less funds holding
Funds holding: 62 → 61 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
22% less call options, than puts
Call options by funds: $352K | Put options by funds: $449K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$33.8M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$13.9M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$11.5M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$7.06M |
| 5 |
RIM
RS Investment Management
San Francisco,
California
|
+$3.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$19M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$5.85M |
| 3 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$5.72M |
| 4 |
MM
Midas Management
New York
|
-$1.44M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$1.23M |
HBM Hedge Fund Activity: Q4 2013 in Review
61 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q4 2013, worth a combined $1.01B — up 4.7% from $966M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of HBM and 7 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 21 added.
The largest buyer was Capital World Investors, adding an estimated $33.8M. The largest seller was Royal Bank of Canada, cutting an estimated $19M.
- 61 institutional investors held Hudbay (HBM) as of Q4 2013, down from 62 in Q3 2013.
- Funds reported $1.01B of Hudbay stock for Q4 2013, up 4.7% quarter-over-quarter.
- 7 funds opened new Hudbay positions in Q4 2013 and 8 closed out, a net change of -1 holder.
- The largest Hudbay buyer in Q4 2013 was Capital World Investors, an estimated $33.8M added.
- The largest Hudbay seller in Q4 2013 was Royal Bank of Canada, an estimated $19M sold.
Based on aggregated 13F filings for Q4 2013.