Hudbay
HBM
92 hedge funds and large institutions have $741M invested in Hudbay in 2016 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 26 increasing their positions, 32 reducing their positions, and 10 closing their positions.
110% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 10
29% more capital invested
Capital invested by funds: $574M → $741M (+$167M)
14% more funds holding
Funds holding: 81 → 92 (+11)
0.27% less ownership
Funds ownership: 66.36% → 66.09% (-0.27%)
19% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 32
86% less call options, than puts
Call options by funds: $966K | Put options by funds: $6.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$10.4M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$6.18M |
| 3 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
+$5.28M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$4.67M |
| 5 |
Morgan Stanley
New York
|
+$4.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
-$20.9M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$13.5M |
| 3 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$4.95M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$2.7M |
| 5 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$2.15M |
HBM Hedge Fund Activity: Q2 2016 in Review
92 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q2 2016, worth a combined $741M — up 29% from $574M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new HBM positions and 10 closed out — a net gain of 11 holders — while 26 added to existing stakes and 32 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $10.4M. The largest seller was Guardian Capital (Canada), exiting entirely with an estimated $20.9M sold.
- 92 institutional investors held Hudbay (HBM) as of Q2 2016, up from 81 in Q1 2016.
- Funds reported $741M of Hudbay stock for Q2 2016, up 29% quarter-over-quarter.
- 21 funds opened new Hudbay positions in Q2 2016 and 10 closed out, a net change of +11 holders.
- The largest Hudbay buyer in Q2 2016 was Arrowstreet Capital, an estimated $10.4M added.
- The largest Hudbay seller in Q2 2016 was Guardian Capital (Canada), an estimated $20.9M sold.
Based on aggregated 13F filings for Q2 2016.