Hudbay
HBM
92 hedge funds and large institutions have $512M invested in Hudbay in 2020 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 38 increasing their positions, 29 reducing their positions, and 9 closing their positions.
190% more call options, than puts
Call options by funds: $1.53M | Put options by funds: $529K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
48% more capital invested
Capital invested by funds: $347M → $512M (+$165M)
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
31% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 29
3% more funds holding
Funds holding: 89 → 92 (+3)
5.57% less ownership
Funds ownership: 70.36% → 64.79% (-5.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
+$9.39M |
| 2 |
WGRM
Waterton Global Resource Management
Toronto,
Ontario, Canada
|
+$5.19M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.95M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.46M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$30M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$22M |
| 3 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
-$7.84M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$1.96M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.37M |
HBM Hedge Fund Activity: Q2 2020 in Review
92 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q2 2020, worth a combined $512M — up 48% from $347M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new HBM positions and 9 closed out — a net gain of 3 holders — while 38 added to existing stakes and 29 trimmed.
The largest buyer was GMT Capital, adding an estimated $9.39M. The largest seller was Morgan Stanley, cutting an estimated $30M.
- 92 institutional investors held Hudbay (HBM) as of Q2 2020, up from 89 in Q1 2020.
- Funds reported $512M of Hudbay stock for Q2 2020, up 48% quarter-over-quarter.
- 12 funds opened new Hudbay positions in Q2 2020 and 9 closed out, a net change of +3 holders.
- The largest Hudbay buyer in Q2 2020 was GMT Capital, an estimated $9.39M added.
- The largest Hudbay seller in Q2 2020 was Morgan Stanley, an estimated $30M sold.
Based on aggregated 13F filings for Q2 2020.