Hudbay
HBM
99 hedge funds and large institutions have $715M invested in Hudbay in 2019 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 30 increasing their positions, 42 reducing their positions, and 20 closing their positions.
16% more capital invested
Capital invested by funds: $617M → $715M (+$97.3M)
0.53% more ownership
Funds ownership: 65.31% → 65.84% (+0.53%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
10% less funds holding
Funds holding: 110 → 99 (-11)
29% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 42
50% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 20
91% less call options, than puts
Call options by funds: $250K | Put options by funds: $2.69M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$18.3M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$3.16M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
+$3.09M |
| 4 |
Renaissance Technologies
New York
|
+$2.86M |
| 5 |
Millennium Management
New York
|
+$2.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$5.37M |
| 2 |
H
Hexavest
Montreal,
Quebec, Canada
|
-$5.22M |
| 3 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
-$3.43M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$3.12M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.47M |
HBM Hedge Fund Activity: Q4 2019 in Review
99 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q4 2019, worth a combined $715M — up 16% from $617M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of HBM and 10 opened new positions — a net loss of 10 holders — while 42 trimmed existing stakes and 30 added.
The largest buyer was Citadel Advisors, adding an estimated $18.3M. The largest seller was Norges Bank, cutting an estimated $5.37M.
- 99 institutional investors held Hudbay (HBM) as of Q4 2019, down from 110 in Q3 2019.
- Funds reported $715M of Hudbay stock for Q4 2019, up 16% quarter-over-quarter.
- 10 funds opened new Hudbay positions in Q4 2019 and 20 closed out, a net change of -10 holders.
- The largest Hudbay buyer in Q4 2019 was Citadel Advisors, an estimated $18.3M added.
- The largest Hudbay seller in Q4 2019 was Norges Bank, an estimated $5.37M sold.
Based on aggregated 13F filings for Q4 2019.