Hudbay
HBM
77 hedge funds and large institutions have $1.3B invested in Hudbay in 2014 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 42 increasing their positions, 10 reducing their positions, and 7 closing their positions.
320% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 10
233% more call options, than puts
Call options by funds: $5.03M | Put options by funds: $1.51M
143% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 7
20% more capital invested
Capital invested by funds: $1.09B → $1.3B (+$213M)
13% more funds holding
Funds holding: 68 → 77 (+9)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6.41% less ownership
Funds ownership: 60.85% → 54.44% (-6.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$47.4M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$37M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$31.2M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$17.1M |
| 5 |
JP Morgan Chase
New York
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$13.5M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$12.7M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$9.19M |
| 4 |
SCCM
Schafer Cullen Capital Management
New York
|
-$3.78M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$1.45M |
HBM Hedge Fund Activity: Q3 2014 in Review
77 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q3 2014, worth a combined $1.3B — up 20% from $1.09B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new HBM positions and 7 closed out — a net gain of 10 holders — while 42 added to existing stakes and 10 trimmed.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), adding an estimated $47.4M. The largest seller was Invesco, cutting an estimated $13.5M.
- 77 institutional investors held Hudbay (HBM) as of Q3 2014, up from 68 in Q2 2014.
- Funds reported $1.3B of Hudbay stock for Q3 2014, up 20% quarter-over-quarter.
- 17 funds opened new Hudbay positions in Q3 2014 and 7 closed out, a net change of +10 holders.
- The largest Hudbay buyer in Q3 2014 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $47.4M added.
- The largest Hudbay seller in Q3 2014 was Invesco, an estimated $13.5M sold.
Based on aggregated 13F filings for Q3 2014.