Hudbay
HBM
81 hedge funds and large institutions have $574M invested in Hudbay in 2016 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 27 increasing their positions, 29 reducing their positions, and 12 closing their positions.
1% more funds holding
Funds holding: 80 → 81 (+1)
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
7% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 29
2.15% less ownership
Funds ownership: 68.51% → 66.36% (-2.2%)
7% less capital invested
Capital invested by funds: $619M → $574M (-$45.4M)
91% less call options, than puts
Call options by funds: $215K | Put options by funds: $2.35M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$9.22M |
| 2 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
+$6.29M |
| 3 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
+$5.95M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$3.29M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$23.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$16.6M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$3.63M |
| 4 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
-$3.49M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.58M |
HBM Hedge Fund Activity: Q1 2016 in Review
81 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q1 2016, worth a combined $574M — down 7.3% from $619M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new HBM positions and 12 closed out — a net gain of 1 holder — while 27 added to existing stakes and 29 trimmed.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), adding an estimated $9.22M. The largest seller was T. Rowe Price Associates, exiting entirely with an estimated $23.7M sold.
- 81 institutional investors held Hudbay (HBM) as of Q1 2016, up from 80 in Q4 2015.
- Funds reported $574M of Hudbay stock for Q1 2016, down 7.3% quarter-over-quarter.
- 13 funds opened new Hudbay positions in Q1 2016 and 12 closed out, a net change of +1 holder.
- The largest Hudbay buyer in Q1 2016 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $9.22M added.
- The largest Hudbay seller in Q1 2016 was T. Rowe Price Associates, an estimated $23.7M sold.
Based on aggregated 13F filings for Q1 2016.