Hudbay
HBM
99 hedge funds and large institutions have $759M invested in Hudbay in 2020 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 31 increasing their positions, 37 reducing their positions, and 9 closing their positions.
301% more call options, than puts
Call options by funds: $2.32M | Put options by funds: $579K
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
48% more capital invested
Capital invested by funds: $512M → $759M (+$247M)
8% more funds holding
Funds holding: 92 → 99 (+7)
3.88% more ownership
Funds ownership: 64.79% → 68.66% (+3.9%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
16% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$13.8M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$9.71M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.8M |
| 4 |
ECA
Encompass Capital Advisors
New York
|
+$8.19M |
| 5 |
GC
GMT Capital
Atlanta,
Georgia
|
+$7.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
-$16.1M |
| 2 |
Millennium Management
New York
|
-$3.77M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$2.69M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.77M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.67M |
HBM Hedge Fund Activity: Q3 2020 in Review
99 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q3 2020, worth a combined $759M — up 48% from $512M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new HBM positions and 9 closed out — a net gain of 7 holders — while 31 added to existing stakes and 37 trimmed.
The largest buyer was Allianz Asset Management, opening a new position worth an estimated $13.8M. The largest seller was Letko, Brosseau & Associates, cutting an estimated $16.1M.
- 99 institutional investors held Hudbay (HBM) as of Q3 2020, up from 92 in Q2 2020.
- Funds reported $759M of Hudbay stock for Q3 2020, up 48% quarter-over-quarter.
- 16 funds opened new Hudbay positions in Q3 2020 and 9 closed out, a net change of +7 holders.
- The largest Hudbay buyer in Q3 2020 was Allianz Asset Management, an estimated $13.8M added.
- The largest Hudbay seller in Q3 2020 was Letko, Brosseau & Associates, an estimated $16.1M sold.
Based on aggregated 13F filings for Q3 2020.