Hudbay
HBM
102 hedge funds and large institutions have $840M invested in Hudbay in 2016 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 26 increasing their positions, 35 reducing their positions, and 15 closing their positions.
73% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 15
64% more capital invested
Capital invested by funds: $511M → $840M (+$329M)
12% more funds holding
Funds holding: 91 → 102 (+11)
7.25% more ownership
Funds ownership: 51.92% → 59.17% (+7.2%)
26% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 35
97% less call options, than puts
Call options by funds: $38K | Put options by funds: $1.24M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
+$141M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$27.3M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$19.9M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$8.58M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$7.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$55M |
| 2 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$28.7M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$14.6M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$11.3M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$9.43M |
HBM Hedge Fund Activity: Q4 2016 in Review
102 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q4 2016, worth a combined $840M — up 64% from $511M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new HBM positions and 15 closed out — a net gain of 11 holders — while 26 added to existing stakes and 35 trimmed.
The largest buyer was GMT Capital, opening a new position worth an estimated $141M. The largest seller was Franklin Resources, cutting an estimated $55M.
- 102 institutional investors held Hudbay (HBM) as of Q4 2016, up from 91 in Q3 2016.
- Funds reported $840M of Hudbay stock for Q4 2016, up 64% quarter-over-quarter.
- 26 funds opened new Hudbay positions in Q4 2016 and 15 closed out, a net change of +11 holders.
- The largest Hudbay buyer in Q4 2016 was GMT Capital, an estimated $141M added.
- The largest Hudbay seller in Q4 2016 was Franklin Resources, an estimated $55M sold.
Based on aggregated 13F filings for Q4 2016.