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147 hedge funds and large institutions have $900M invested in Hudbay in 2022 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 49 increasing their positions, 40 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

388% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 8

42% more call options, than puts

Call options by funds: $10.1M | Put options by funds: $7.1M

27% more funds holding

Funds holding: 116147 (+31)

25% more capital invested

Capital invested by funds: $721M → $900M (+$179M)

23% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 40

1.14% more ownership

Funds ownership: 66.21%67.35% (+1.1%)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

Holders
147
Holders Change
+31
Holders Change %
+26.72%
% of All Funds
2.36%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
39
Increased
49
Reduced
40
Closed
8
Calls
$10.1M
Puts
$7.1M
Net Calls
+$2.98M
Net Calls Change
+$1.23M
Name Holding Trade Value Shares
Change
Change in
Stake
WGRM
1
Waterton Global Resource Management
Ontario, Canada
$192M -$28.9M -6,000,000 -14%
GC
2
GMT Capital
Georgia
$160M
LBA
3
Letko, Brosseau & Associates
Quebec, Canada
$88.3M +$1.81M +375,700 +2%
LC
4
L1 Capital
Australia
$56.2M -$47.5M -9,853,225 -55%
Vanguard Group
5
Vanguard Group
Pennsylvania
$38.7M +$416K +86,316 +1%
EIG
6
EdgePoint Investment Group
Ontario, Canada
$31.2M -$7.89M -1,638,733 -21%
Mirae Asset Global Investments
7
Mirae Asset Global Investments
South Korea
$26.2M -$1.32M -273,517 -5%
Arrowstreet Capital
8
Arrowstreet Capital
Massachusetts
$25.3M +$11.9M +2,460,627 +97%
Invesco
9
Invesco
Georgia
$24.6M -$3.5M -725,695 -13%
Morgan Stanley
10
Morgan Stanley
New York
$18M +$14.3M +2,970,160 +518%
Allianz Asset Management
11
Allianz Asset Management
Germany
$15.4M +$9.19M +1,906,859 +166%
Millennium Management
12
Millennium Management
New York
$14M +$10.9M +2,262,022 +449%
BCA
13
Boundary Creek Advisors
New York
$13.8M +$1.02M +212,233 +8%
National Bank of Canada
14
National Bank of Canada
Quebec, Canada
$12.2M +$9.76M +2,026,123 +526%
Connor, Clark & Lunn Investment Management (CC&L)
15
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$11.9M +$6.97M +1,446,400 +159%
Renaissance Technologies
16
Renaissance Technologies
New York
$10.8M -$4.69M -974,500 -31%
Macquarie Group
17
Macquarie Group
Australia
$10.4M +$506K +105,073 +5%
HCM
18
Heathbridge Capital Management
Ontario, Canada
$10.4M -$8.05M -1,670,900 -45%
SC
19
Scotia Capital
Ontario, Canada
$9.52M -$446K -92,483 -5%
Bank of Montreal
20
Bank of Montreal
Ontario, Canada
$8.99M -$380K -78,896 -5%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$8.86M +$2.72M +563,765 +48%
Two Sigma Investments
22
Two Sigma Investments
New York
$6.69M +$6.11M +1,269,082 +2,559%
CIBC World Market
23
CIBC World Market
Ontario, Canada
$6.21M +$2.91M +603,601 +96%
Citadel Advisors
24
Citadel Advisors
Florida
$5.6M +$5.21M +1,082,105 +4,824%
Norges Bank
25
Norges Bank
Norway
$4.93M +$4.44M +922,195 +1,746%

HBM Hedge Fund Activity: Q4 2022 in Review

147 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q4 2022, worth a combined $900M — up 25% from $721M a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new HBM positions and 8 closed out — a net gain of 31 holders — while 49 added to existing stakes and 40 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $14.3M. The largest seller was L1 Capital, cutting an estimated $47.5M.

  • 147 institutional investors held Hudbay (HBM) as of Q4 2022, up from 116 in Q3 2022.
  • Funds reported $900M of Hudbay stock for Q4 2022, up 25% quarter-over-quarter.
  • 39 funds opened new Hudbay positions in Q4 2022 and 8 closed out, a net change of +31 holders.
  • The largest Hudbay buyer in Q4 2022 was Morgan Stanley, an estimated $14.3M added.
  • The largest Hudbay seller in Q4 2022 was L1 Capital, an estimated $47.5M sold.

Based on aggregated 13F filings for Q4 2022.