Hudbay
HBM
89 hedge funds and large institutions have $347M invested in Hudbay in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 33 increasing their positions, 36 reducing their positions, and 16 closing their positions.
93% more call options, than puts
Call options by funds: $877K | Put options by funds: $454K
4.51% more ownership
Funds ownership: 65.84% → 70.36% (+4.5%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 36
10% less funds holding
Funds holding: 99 → 89 (-10)
51% less capital invested
Capital invested by funds: $715M → $347M (-$368M)
56% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
+$29.1M |
| 2 |
Morgan Stanley
New York
|
+$28.5M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$26.8M |
| 4 |
WGRM
Waterton Global Resource Management
Toronto,
Ontario, Canada
|
+$12.4M |
| 5 |
HCM
Heathbridge Capital Management
Toronto,
Ontario, Canada
|
+$3.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$24.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$18.3M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
-$8.93M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$7.51M |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$3.46M |
HBM Hedge Fund Activity: Q1 2020 in Review
89 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q1 2020, worth a combined $347M — down 51% from $715M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of HBM and 7 opened new positions — a net loss of 9 holders — while 36 trimmed existing stakes and 33 added.
The largest buyer was GMT Capital, adding an estimated $29.1M. The largest seller was Allianz Asset Management, cutting an estimated $24.4M.
- 89 institutional investors held Hudbay (HBM) as of Q1 2020, down from 99 in Q4 2019.
- Funds reported $347M of Hudbay stock for Q1 2020, down 51% quarter-over-quarter.
- 7 funds opened new Hudbay positions in Q1 2020 and 16 closed out, a net change of -9 holders.
- The largest Hudbay buyer in Q1 2020 was GMT Capital, an estimated $29.1M added.
- The largest Hudbay seller in Q1 2020 was Allianz Asset Management, an estimated $24.4M sold.
Based on aggregated 13F filings for Q1 2020.