Hudbay
110 hedge funds and large institutions have $1.21B invested in Hudbay in 2021 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 41 increasing their positions, 38 reducing their positions, and 16 closing their positions.
90% more call options, than puts
Call options by funds: $6.4M | Put options by funds: $3.37M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
8% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 38
0.61% less ownership
Funds ownership: 68.12% → 67.51% (-0.61%)
3% less capital invested
Capital invested by funds: $1.25B → $1.21B (-$37.3M)
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
2% less funds holding
Funds holding: 112 → 110 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$26M |
| 2 |
AG
Ashmore Group
London,
United Kingdom
|
+$13.9M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$13.6M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$13.3M |
| 5 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
-$44.4M |
| 2 |
GC
GMT Capital
Atlanta,
Georgia
|
-$16.5M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
-$9.85M |
| 4 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$8.38M |
| 5 |
Two Sigma Investments
New York
|
-$8.1M |
HBM Hedge Fund Activity: Q1 2021 in Review
110 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q1 2021, worth a combined $1.21B — down 3% from $1.25B a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of HBM and 15 opened new positions — a net loss of 1 holder — while 38 trimmed existing stakes and 41 added.
The largest buyer was Allianz Asset Management, adding an estimated $26M. The largest seller was Letko, Brosseau & Associates, cutting an estimated $44.4M.
- 110 institutional investors held Hudbay (HBM) as of Q1 2021, down from 112 in Q4 2020.
- Funds reported $1.21B of Hudbay stock for Q1 2021, down 3% quarter-over-quarter.
- 15 funds opened new Hudbay positions in Q1 2021 and 16 closed out, a net change of -1 holder.
- The largest Hudbay buyer in Q1 2021 was Allianz Asset Management, an estimated $26M added.
- The largest Hudbay seller in Q1 2021 was Letko, Brosseau & Associates, an estimated $44.4M sold.
Based on aggregated 13F filings for Q1 2021.