Hudbay
HBM
134 hedge funds and large institutions have $884M invested in Hudbay in 2018 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 54 increasing their positions, 47 reducing their positions, and 17 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 47
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
1% more funds holding
Funds holding: 133 → 134 (+1)
6% less call options, than puts
Call options by funds: $868K | Put options by funds: $928K
5.4% less ownership
Funds ownership: 65.97% → 60.57% (-5.4%)
28% less capital invested
Capital invested by funds: $1.22B → $884M (-$337M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$10.9M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$10.7M |
| 3 |
Goldman Sachs
New York
|
+$10.6M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.55M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$8.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$62.8M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$33.4M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$33M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$15.3M |
| 5 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
-$8.09M |
HBM Hedge Fund Activity: Q2 2018 in Review
134 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q2 2018, worth a combined $884M — down 28% from $1.22B a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new HBM positions and 17 closed out — a net gain of 1 holder — while 54 added to existing stakes and 47 trimmed.
The largest buyer was Jennison Associates, opening a new position worth an estimated $10.9M. The largest seller was Fidelity Investments, cutting an estimated $62.8M.
- 134 institutional investors held Hudbay (HBM) as of Q2 2018, up from 133 in Q1 2018.
- Funds reported $884M of Hudbay stock for Q2 2018, down 28% quarter-over-quarter.
- 18 funds opened new Hudbay positions in Q2 2018 and 17 closed out, a net change of +1 holder.
- The largest Hudbay buyer in Q2 2018 was Jennison Associates, an estimated $10.9M added.
- The largest Hudbay seller in Q2 2018 was Fidelity Investments, an estimated $62.8M sold.
Based on aggregated 13F filings for Q2 2018.