Hudbay
84 hedge funds and large institutions have $587M invested in Hudbay in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 38 increasing their positions, 24 reducing their positions, and 15 closing their positions.
748% more call options, than puts
Call options by funds: $178K | Put options by funds: $21K
58% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 24
0.75% less ownership
Funds ownership: 67.15% → 66.4% (-0.75%)
6% less funds holding
Funds holding: 89 → 84 (-5)
33% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 15
56% less capital invested
Capital invested by funds: $1.33B → $587M (-$741M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
+$12.7M |
| 2 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
+$8.7M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$8.14M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$6.4M |
| 5 |
HCM
Heathbridge Capital Management
Toronto,
Ontario, Canada
|
+$5.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$31.7M |
| 2 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
-$13.7M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$5.26M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.64M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.66M |
HBM Hedge Fund Activity: Q3 2015 in Review
84 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q3 2015, worth a combined $587M — down 56% from $1.33B a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of HBM and 10 opened new positions — a net loss of 5 holders — while 24 trimmed existing stakes and 38 added.
The largest buyer was Commonwealth Bank of Australia, opening a new position worth an estimated $12.7M. The largest seller was Allianz Asset Management, cutting an estimated $31.7M.
- 84 institutional investors held Hudbay (HBM) as of Q3 2015, down from 89 in Q2 2015.
- Funds reported $587M of Hudbay stock for Q3 2015, down 56% quarter-over-quarter.
- 10 funds opened new Hudbay positions in Q3 2015 and 15 closed out, a net change of -5 holders.
- The largest Hudbay buyer in Q3 2015 was Commonwealth Bank of Australia, an estimated $12.7M added.
- The largest Hudbay seller in Q3 2015 was Allianz Asset Management, an estimated $31.7M sold.
Based on aggregated 13F filings for Q3 2015.