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164 hedge funds and large institutions have $958M invested in Hudbay in 2023 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 69 increasing their positions, 36 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 19

92% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 36

87% more call options, than puts

Call options by funds: $8.08M | Put options by funds: $4.32M

12% more funds holding

Funds holding: 147164 (+17)

6% more capital invested

Capital invested by funds: $900M → $958M (+$57.9M)

0.64% more ownership

Funds ownership: 67.35%67.99% (+0.64%)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

Holders
164
Holders Change
+17
Holders Change %
+11.56%
% of All Funds
2.61%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
38
Increased
69
Reduced
36
Closed
19
Calls
$8.08M
Puts
$4.32M
Net Calls
+$3.76M
Net Calls Change
+$775K
Name Holding Trade Value Shares
Change
Change in
Stake
GC
1
GMT Capital
Georgia
$161M -$4.6M -874,000 -3%
WGRM
2
Waterton Global Resource Management
Ontario, Canada
$114M -$84.7M -16,099,682 -43%
LBA
3
Letko, Brosseau & Associates
Quebec, Canada
$88.9M -$2.7M -514,200 -3%
LC
4
L1 Capital
Australia
$84M +$19.1M +3,622,951 +44%
Vanguard Group
5
Vanguard Group
Pennsylvania
$40.3M +$173K +32,812 +0.4%
EIG
6
EdgePoint Investment Group
Ontario, Canada
$32.6M +$240K +45,672 +0.7%
Acadian Asset Management
7
Acadian Asset Management
Massachusetts
$31.8M +$29.3M +5,561,117 +1,066%
Invesco
8
Invesco
Georgia
$28.9M +$3.43M +652,355 +13%
Mirae Asset Global Investments
9
Mirae Asset Global Investments
South Korea
$28.9M +$1.7M +322,416 +6%
Citadel Advisors
10
Citadel Advisors
Florida
$28.2M +$22.5M +4,276,322 +387%
Morgan Stanley
11
Morgan Stanley
New York
$21.6M +$3.03M +576,507 +16%
Millennium Management
12
Millennium Management
New York
$20.1M +$5.57M +1,058,657 +38%
Connor, Clark & Lunn Investment Management (CC&L)
13
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$17M +$4.65M +883,700 +37%
Renaissance Technologies
14
Renaissance Technologies
New York
$11.4M +$175K +33,300 +2%
SC
15
Scotia Capital
Ontario, Canada
$10.2M +$320K +60,768 +3%
HCM
16
Heathbridge Capital Management
Ontario, Canada
$10.1M -$634K -120,600 -6%
WCM
17
Woodson Capital Management
Connecticut
$9.81M +$9.83M +1,869,000 New
BCA
18
Boundary Creek Advisors
New York
$9.74M -$4.6M -875,349 -32%
Macquarie Group
19
Macquarie Group
Australia
$9.65M -$1.08M -205,235 -10%
Janus Henderson Group
20
Janus Henderson Group
United Kingdom
$9.55M +$8.62M +1,638,521 +895%
Bank of Montreal
21
Bank of Montreal
Ontario, Canada
$9.35M +$632K +120,086 +7%
Dimensional Fund Advisors
22
Dimensional Fund Advisors
Texas
$8.98M +$1.44M +274,435 +19%
Goldman Sachs
23
Goldman Sachs
New York
$8.96M +$6.21M +1,179,742 +224%
Verition Fund Management
24
Verition Fund Management
Connecticut
$8.58M +$8.6M +1,634,131 New
WBC
25
Westpac Banking Corp
Australia
$6.69M +$4.96M +943,193 New

HBM Hedge Fund Activity: Q1 2023 in Review

164 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q1 2023, worth a combined $958M — up 6.4% from $900M a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new HBM positions and 19 closed out — a net gain of 19 holders — while 69 added to existing stakes and 36 trimmed.

The largest buyer was Acadian Asset Management, adding an estimated $29.3M. The largest seller was Waterton Global Resource Management, cutting an estimated $84.7M.

  • 164 institutional investors held Hudbay (HBM) as of Q1 2023, up from 147 in Q4 2022.
  • Funds reported $958M of Hudbay stock for Q1 2023, up 6.4% quarter-over-quarter.
  • 38 funds opened new Hudbay positions in Q1 2023 and 19 closed out, a net change of +19 holders.
  • The largest Hudbay buyer in Q1 2023 was Acadian Asset Management, an estimated $29.3M added.
  • The largest Hudbay seller in Q1 2023 was Waterton Global Resource Management, an estimated $84.7M sold.

Based on aggregated 13F filings for Q1 2023.