Hudbay
HBM
122 hedge funds and large institutions have $821M invested in Hudbay in 2018 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 39 increasing their positions, 52 reducing their positions, and 23 closing their positions.
300% more call options, than puts
Call options by funds: $1.27M | Put options by funds: $319K
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
12% more capital invested
Capital invested by funds: $735M → $821M (+$85.9M)
11.05% more ownership
Funds ownership: 55.33% → 66.38% (+11%)
5% less funds holding
Funds holding: 128 → 122 (-6)
25% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 52
26% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
+$20.7M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$14.4M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.68M |
| 4 |
GC
GMT Capital
Atlanta,
Georgia
|
+$8.17M |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$2.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$7.28M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$7.23M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$6.18M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$5.67M |
| 5 |
ACG
Anchorage Capital Group
New York
|
-$5.05M |
HBM Hedge Fund Activity: Q4 2018 in Review
122 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q4 2018, worth a combined $821M — up 12% from $735M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of HBM and 17 opened new positions — a net loss of 6 holders — while 52 trimmed existing stakes and 39 added.
The largest buyer was Letko, Brosseau & Associates, adding an estimated $20.7M. The largest seller was SailingStone Capital Partners, exiting entirely with an estimated $7.28M sold.
- 122 institutional investors held Hudbay (HBM) as of Q4 2018, down from 128 in Q3 2018.
- Funds reported $821M of Hudbay stock for Q4 2018, up 12% quarter-over-quarter.
- 17 funds opened new Hudbay positions in Q4 2018 and 23 closed out, a net change of -6 holders.
- The largest Hudbay buyer in Q4 2018 was Letko, Brosseau & Associates, an estimated $20.7M added.
- The largest Hudbay seller in Q4 2018 was SailingStone Capital Partners, an estimated $7.28M sold.
Based on aggregated 13F filings for Q4 2018.