Hudbay
HBM
170 hedge funds and large institutions have $971M invested in Hudbay in 2023 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 64 increasing their positions, 49 reducing their positions, and 25 closing their positions.
64% more call options, than puts
Call options by funds: $4.41M | Put options by funds: $2.69M
31% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 49
1% less capital invested
Capital invested by funds: $983M → $971M (-$12.8M)
4% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 25
1% less funds holding
Funds holding: 172 → 170 (-2)
2.35% less ownership
Funds ownership: 57.79% → 55.45% (-2.3%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$24.9M |
| 2 |
CM
Condire Management
Dallas,
Texas
|
+$23.3M |
| 3 |
GC
GMT Capital
Atlanta,
Georgia
|
+$20.6M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$13.3M |
| 5 |
ECA
Encompass Capital Advisors
New York
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$23.5M |
| 2 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
-$12.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$11M |
| 4 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
-$10.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$9.98M |
HBM Hedge Fund Activity: Q3 2023 in Review
170 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q3 2023, worth a combined $971M — down 1.3% from $983M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of HBM and 24 opened new positions — a net loss of 1 holder — while 49 trimmed existing stakes and 64 added.
The largest buyer was T. Rowe Price Associates, opening a new position worth an estimated $24.9M. The largest seller was Acadian Asset Management, cutting an estimated $23.5M.
- 170 institutional investors held Hudbay (HBM) as of Q3 2023, down from 172 in Q2 2023.
- Funds reported $971M of Hudbay stock for Q3 2023, down 1.3% quarter-over-quarter.
- 24 funds opened new Hudbay positions in Q3 2023 and 25 closed out, a net change of -1 holder.
- The largest Hudbay buyer in Q3 2023 was T. Rowe Price Associates, an estimated $24.9M added.
- The largest Hudbay seller in Q3 2023 was Acadian Asset Management, an estimated $23.5M sold.
Based on aggregated 13F filings for Q3 2023.