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178 hedge funds and large institutions have $1.48B invested in Hudbay in 2024 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 70 increasing their positions, 59 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more capital invested

Capital invested by funds: $1.17B → $1.48B (+$313M)

19% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 59

0.04% more ownership

Funds ownership: 59.03%59.07% (+0.04%)

0% more funds holding

Funds holding: 178178 (0)

0% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 24

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

65% less call options, than puts

Call options by funds: $6.2M | Put options by funds: $17.7M

Holders
178
Holders Change
Holders Change %
0%
% of All Funds
2.56%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.04%
New
24
Increased
70
Reduced
59
Closed
24
Calls
$6.2M
Puts
$17.7M
Net Calls
-$11.5M
Net Calls Change
-$11.1M
Name Holding Trade Value Shares
Change
Change in
Stake
GC
1
GMT Capital
Georgia
$291M -$2.83M -487,100 -1%
LC
2
L1 Capital
Australia
$149M -$6.11M -1,050,171 -6%
LBA
3
Letko, Brosseau & Associates
Quebec, Canada
$115M -$626K -107,700 -0.6%
Invesco
4
Invesco
Georgia
$66M +$5.72M +982,666 +12%
Vanguard Group
5
Vanguard Group
Pennsylvania
$60.9M +$1.59M +272,635 +3%
EIG
6
EdgePoint Investment Group
Ontario, Canada
$54.6M -$1.35M -231,640 -3%
ECA
7
Encompass Capital Advisors
New York
$43.8M +$9.18M +1,578,639 +34%
Morgan Stanley
8
Morgan Stanley
New York
$39M +$4.89M +840,094 +18%
T. Rowe Price Investment Management
9
T. Rowe Price Investment Management
Maryland
$34.5M +$28.7M +4,933,889 New
Mackenzie Financial
10
Mackenzie Financial
Ontario, Canada
$31.7M -$2.81M -483,195 -10%
DSC
11
Donald Smith & Co
New York
$31.1M -$926K -159,225 -3%
CM
12
Condire Management
Texas
$29.6M +$985K +169,310 +4%
Millennium Management
13
Millennium Management
New York
$29M -$8.59M -1,476,830 -26%
Mirae Asset Global Investments
14
Mirae Asset Global Investments
South Korea
$27.6M -$22.6M -3,877,699 -41%
Bank of Montreal
15
Bank of Montreal
Ontario, Canada
$22M -$551K -94,731 -3%
Connor, Clark & Lunn Investment Management (CC&L)
16
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$21.6M -$688K -118,231 -4%
Goldman Sachs
17
Goldman Sachs
New York
$20.2M +$3.24M +557,657 +24%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$19.9M +$3.65M +628,313 +28%
Jennison Associates
19
Jennison Associates
New York
$19.8M +$7.89M +1,357,241 +93%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$18.7M +$5.74M +986,631 +59%
SAM
21
Scopus Asset Management
New York
$14.7M +$1.75M +300,000 +17%
GCM
22
Galibier Capital Management
Ontario, Canada
$12.6M +$10.5M +1,799,148 New
SC
23
Scotia Capital
Ontario, Canada
$12.2M -$161K -27,678 -2%
Macquarie Group
24
Macquarie Group
Australia
$11.9M -$866K -148,957 -8%
CIBC World Market
25
CIBC World Market
Ontario, Canada
$10.7M +$2.92M +502,304 +49%

HBM Hedge Fund Activity: Q1 2024 in Review

178 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q1 2024, worth a combined $1.48B — up 27% from $1.17B a quarter earlier.

Fund positioning in HBM was balanced in Q1 2024: 24 funds opened new positions, 24 closed out, 70 added to existing stakes and 59 trimmed.

The largest buyer was T. Rowe Price Investment Management, opening a new position worth an estimated $28.7M. The largest seller was Mirae Asset Global Investments, cutting an estimated $22.6M.

  • 178 institutional investors held Hudbay (HBM) as of Q1 2024, unchanged from Q4 2023.
  • Funds reported $1.48B of Hudbay stock for Q1 2024, up 27% quarter-over-quarter.
  • 24 funds opened new Hudbay positions in Q1 2024 and 24 closed out, a net change of 0 holders.
  • The largest Hudbay buyer in Q1 2024 was T. Rowe Price Investment Management, an estimated $28.7M added.
  • The largest Hudbay seller in Q1 2024 was Mirae Asset Global Investments, an estimated $22.6M sold.

Based on aggregated 13F filings for Q1 2024.