Hudbay
172 hedge funds and large institutions have $983M invested in Hudbay in 2023 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 74 increasing their positions, 33 reducing their positions, and 26 closing their positions.
124% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 33
31% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 26
22% more call options, than puts
Call options by funds: $5.05M | Put options by funds: $4.15M
5% more funds holding
Funds holding: 164 → 172 (+8)
3% more capital invested
Capital invested by funds: $958M → $983M (+$25.6M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
10.2% less ownership
Funds ownership: 67.99% → 57.79% (-10%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$21.5M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$20.7M |
| 3 |
GC
GMT Capital
Atlanta,
Georgia
|
+$17.5M |
| 4 |
Millennium Management
New York
|
+$14.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WGRM
Waterton Global Resource Management
Toronto,
Ontario, Canada
|
-$60.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$16M |
| 3 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
-$6.69M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$5.57M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.39M |
HBM Hedge Fund Activity: Q2 2023 in Review
172 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q2 2023, worth a combined $983M — up 2.7% from $958M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new HBM positions and 26 closed out — a net gain of 8 holders — while 74 added to existing stakes and 33 trimmed.
The largest buyer was EdgePoint Investment Group, adding an estimated $21.5M. The largest seller was Waterton Global Resource Management, cutting an estimated $60.6M.
- 172 institutional investors held Hudbay (HBM) as of Q2 2023, up from 164 in Q1 2023.
- Funds reported $983M of Hudbay stock for Q2 2023, up 2.7% quarter-over-quarter.
- 34 funds opened new Hudbay positions in Q2 2023 and 26 closed out, a net change of +8 holders.
- The largest Hudbay buyer in Q2 2023 was EdgePoint Investment Group, an estimated $21.5M added.
- The largest Hudbay seller in Q2 2023 was Waterton Global Resource Management, an estimated $60.6M sold.
Based on aggregated 13F filings for Q2 2023.