Hudbay
HBM
91 hedge funds and large institutions have $511M invested in Hudbay in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 34 increasing their positions, 30 reducing their positions, and 11 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 30
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
1% less funds holding
Funds holding: 92 → 91 (-1)
14.17% less ownership
Funds ownership: 66.09% → 51.92% (-14%)
31% less capital invested
Capital invested by funds: $741M → $511M (-$230M)
91% less call options, than puts
Call options by funds: $36K | Put options by funds: $414K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$16.5M |
| 2 |
Morgan Stanley
New York
|
+$5.81M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$4.86M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$2.71M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$74.5M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$45.1M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$24.4M |
| 4 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
-$13.3M |
| 5 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$9.1M |
HBM Hedge Fund Activity: Q3 2016 in Review
91 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q3 2016, worth a combined $511M — down 31% from $741M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of HBM and 10 opened new positions — a net loss of 1 holder — while 30 trimmed existing stakes and 34 added.
The largest buyer was Allianz Asset Management, adding an estimated $16.5M. The largest seller was Franklin Resources, cutting an estimated $74.5M.
- 91 institutional investors held Hudbay (HBM) as of Q3 2016, down from 92 in Q2 2016.
- Funds reported $511M of Hudbay stock for Q3 2016, down 31% quarter-over-quarter.
- 10 funds opened new Hudbay positions in Q3 2016 and 11 closed out, a net change of -1 holder.
- The largest Hudbay buyer in Q3 2016 was Allianz Asset Management, an estimated $16.5M added.
- The largest Hudbay seller in Q3 2016 was Franklin Resources, an estimated $74.5M sold.
Based on aggregated 13F filings for Q3 2016.