Hudbay
240 hedge funds and large institutions have $3.06B invested in Hudbay in 2025 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 83 increasing their positions, 86 reducing their positions, and 22 closing their positions.
224% more call options, than puts
Call options by funds: $15.5M | Put options by funds: $4.78M
141% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 22
72% more capital invested
Capital invested by funds: $1.79B → $3.06B (+$1.28B)
50% more funds holding in top 10
Funds holding in top 10: 8 → 12 (+4)
14% more funds holding
Funds holding: 211 → 240 (+29)
13.53% more ownership
Funds ownership: 59.4% → 72.93% (+14%)
3% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 86
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
+$266M |
| 2 |
HP
Hancock Prospecting
West Perth,
Australia
|
+$121M |
| 3 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$48.4M |
| 4 |
JP Morgan Chase
New York
|
+$22.5M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
-$45.6M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$32.7M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
-$31.4M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$18.5M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$13.2M |
HBM Hedge Fund Activity: Q2 2025 in Review
240 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q2 2025, worth a combined $3.06B — up 72% from $1.79B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new HBM positions and 22 closed out — a net gain of 31 holders — while 83 added to existing stakes and 86 trimmed.
The largest buyer was GMT Capital, opening a new position worth an estimated $266M. The largest seller was Mirae Asset Global ETFs Holdings, cutting an estimated $45.6M.
- 240 institutional investors held Hudbay (HBM) as of Q2 2025, up from 211 in Q1 2025.
- Funds reported $3.06B of Hudbay stock for Q2 2025, up 72% quarter-over-quarter.
- 53 funds opened new Hudbay positions in Q2 2025 and 22 closed out, a net change of +31 holders.
- The largest Hudbay buyer in Q2 2025 was GMT Capital, an estimated $266M added.
- The largest Hudbay seller in Q2 2025 was Mirae Asset Global ETFs Holdings, an estimated $45.6M sold.
Based on aggregated 13F filings for Q2 2025.