Hudbay
112 hedge funds and large institutions have $1.25B invested in Hudbay in 2020 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 40 increasing their positions, 34 reducing their positions, and 9 closing their positions.
237% more call options, than puts
Call options by funds: $7.17M | Put options by funds: $2.13M
144% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 9
65% more capital invested
Capital invested by funds: $756M → $1.25B (+$491M)
18% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 34
13% more funds holding
Funds holding: 99 → 112 (+13)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.55% less ownership
Funds ownership: 68.66% → 68.12% (-0.55%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$30.7M |
| 2 |
Morgan Stanley
New York
|
+$9.89M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$9.36M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$6.33M |
| 5 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
+$5.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
-$27.2M |
| 2 |
GC
GMT Capital
Atlanta,
Georgia
|
-$17.4M |
| 3 |
HCM
Heathbridge Capital Management
Toronto,
Ontario, Canada
|
-$11.6M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$9.72M |
| 5 |
SRAIM
Scheer Rowlett & Associates Investment Management
Toronto,
Ontario, Canada
|
-$9.1M |
HBM Hedge Fund Activity: Q4 2020 in Review
112 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q4 2020, worth a combined $1.25B — up 65% from $756M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new HBM positions and 9 closed out — a net gain of 13 holders — while 40 added to existing stakes and 34 trimmed.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), adding an estimated $30.7M. The largest seller was Letko, Brosseau & Associates, cutting an estimated $27.2M.
- 112 institutional investors held Hudbay (HBM) as of Q4 2020, up from 99 in Q3 2020.
- Funds reported $1.25B of Hudbay stock for Q4 2020, up 65% quarter-over-quarter.
- 22 funds opened new Hudbay positions in Q4 2020 and 9 closed out, a net change of +13 holders.
- The largest Hudbay buyer in Q4 2020 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $30.7M added.
- The largest Hudbay seller in Q4 2020 was Letko, Brosseau & Associates, an estimated $27.2M sold.
Based on aggregated 13F filings for Q4 2020.