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84 hedge funds and large institutions have $585M 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.

New
Increased
Maintained
Reduced
Closed

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: 8984 (-5)

33% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 15

56% less capital invested

Capital invested by funds: $1.32B → $585M (-$733M)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
84
Holders Change
-5
Holders Change %
-5.62%
% of All Funds
2.35%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
10
Increased
38
Reduced
24
Closed
15
Calls
$178K
Puts
$21K
Net Calls
+$157K
Net Calls Change
+$472K
Name Holding Trade Value Shares
Change
Change in
Stake
Franklin Resources
1
Franklin Resources
California
$106M +$2.96M +514,350 +2%
LBA
2
Letko, Brosseau & Associates
Quebec, Canada
$80.2M +$4.06M +705,800 +3%
SCP
3
SailingStone Capital Partners
Texas
$71.2M +$8.7M +1,512,173 +8%
Capital World Investors
4
Capital World Investors
California
$45.7M
GCC
5
Guardian Capital (Canada)
Ontario, Canada
$26.9M -$272K -47,370 -0.6%
Invesco
6
Invesco
Georgia
$20.9M +$1.39M +241,391 +4%
CIBC Asset Management
7
CIBC Asset Management
Ontario, Canada
$20.8M -$1.57M -273,203 -5%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$20.3M +$8.14M +1,415,200 +34%
HCM
9
Heathbridge Capital Management
Ontario, Canada
$19.2M +$5.46M +949,500 +32%
Connor, Clark & Lunn Investment Management (CC&L)
10
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$17.8M -$2.2M -382,425 -7%
Allianz Asset Management
11
Allianz Asset Management
Germany
$16.5M -$31.7M -5,515,008 -62%
TD Asset Management
12
TD Asset Management
Ontario, Canada
$15.7M -$2.31M -402,060 -9%
TAM
13
Taylor Asset Management
Ontario, Canada
$11.6M -$338K -58,800 -2%
IGIM
14
I.G. Investment Management
Manitoba, Canada
$11.4M +$1.49M +259,450 +9%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$10.7M -$3.64M -633,064 -18%
Vanguard Group
16
Vanguard Group
Pennsylvania
$9.8M +$1.76M +305,775 +13%
Capital Research Global Investors
17
Capital Research Global Investors
California
$8.55M
CBOA
18
Commonwealth Bank of Australia
Australia
$8.16M +$12.7M +2,204,302 New
1832 Asset Management
19
1832 Asset Management
Ontario, Canada
$7.63M -$163K -28,395 -1%
Public Sector Pension Investment Board (PSP Investments)
20
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$7.11M -$304K -52,800 -3%
Canada Pension Plan Investment Board
21
Canada Pension Plan Investment Board
Ontario, Canada
$5.43M +$6.4M +1,113,774 +307%
Norges Bank
22
Norges Bank
Norway
$4.39M
AIMCA
23
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$4.34M -$1.75M -304,030 -26%
AII
24
AGF Investments Inc
Ontario, Canada
$4.26M +$97.6K +16,979 +1%
DSC
25
Donald Smith & Co
New York
$3.69M +$579K +100,623 +11%

HBM Hedge Fund Activity: Q3 2015 in Review

84 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q3 2015, worth a combined $585M — down 56% from $1.32B 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 $585M 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.