Hudbay
HBM
124 hedge funds and large institutions have $1.32B invested in Hudbay in 2017 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 59 increasing their positions, 32 reducing their positions, and 13 closing their positions.
151% more call options, than puts
Call options by funds: $5.6M | Put options by funds: $2.24M
84% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 32
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
38% more capital invested
Capital invested by funds: $955M → $1.32B (+$360M)
5.91% more ownership
Funds ownership: 67.53% → 73.44% (+5.9%)
3% more funds holding
Funds holding: 120 → 124 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$26.7M |
| 2 |
GC
GMT Capital
Atlanta,
Georgia
|
+$19.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$18.7M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
+$18.1M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$37.8M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$9.64M |
| 3 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$6.78M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.01M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.88M |
HBM Hedge Fund Activity: Q3 2017 in Review
124 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q3 2017, worth a combined $1.32B — up 38% from $955M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new HBM positions and 13 closed out — a net gain of 5 holders — while 59 added to existing stakes and 32 trimmed.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), adding an estimated $26.7M. The largest seller was SailingStone Capital Partners, cutting an estimated $37.8M.
- 124 institutional investors held Hudbay (HBM) as of Q3 2017, up from 120 in Q2 2017.
- Funds reported $1.32B of Hudbay stock for Q3 2017, up 38% quarter-over-quarter.
- 18 funds opened new Hudbay positions in Q3 2017 and 13 closed out, a net change of +5 holders.
- The largest Hudbay buyer in Q3 2017 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $26.7M added.
- The largest Hudbay seller in Q3 2017 was SailingStone Capital Partners, an estimated $37.8M sold.
Based on aggregated 13F filings for Q3 2017.