We are live on ! Find out more

264 hedge funds and large institutions have $4.31B invested in Hudbay in 2025 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 88 increasing their positions, 91 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

424% more call options, than puts

Call options by funds: $67.6M | Put options by funds: $12.9M

66% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 38

41% more capital invested

Capital invested by funds: $3.06B → $4.31B (+$1.25B)

10% more funds holding

Funds holding: 240264 (+24)

0% more funds holding in top 10

Funds holding in top 10: 1212 (0)

3% less repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 91

1.25% less ownership

Funds ownership: 72.93%71.69% (-1.2%)

Holders
264
Holders Change
+24
Holders Change %
+10%
% of All Funds
3.47%
Holding in Top 10
12
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.16%
New
63
Increased
88
Reduced
91
Closed
38
Calls
$67.6M
Puts
$12.9M
Net Calls
+$54.7M
Net Calls Change
+$44M
Name Holding Trade Value Shares
Change
Change in
Stake
GC
1
GMT Capital
Georgia
$426M -$43.5M -3,795,400 -12%
Vanguard Group
2
Vanguard Group
Pennsylvania
$245M +$4.28M +373,399 +2%
HP
3
Hancock Prospecting
Australia
$220M
Invesco
4
Invesco
Georgia
$173M +$538K +46,948 +0.4%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$172M +$3.99M +348,278 +3%
Fidelity International
6
Fidelity International
Bermuda
$166M +$126M +10,973,833 New
Mirae Asset Global ETFs Holdings
7
Mirae Asset Global ETFs Holdings
Hong Kong
$159M +$11.3M +986,278 +10%
LC
8
L1 Capital
Australia
$134M -$76.4M -6,674,123 -44%
Arrowstreet Capital
9
Arrowstreet Capital
Massachusetts
$124M +$93.5M +8,164,275 New
Morgan Stanley
10
Morgan Stanley
New York
$117M +$17.1M +1,494,277 +24%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$99.2M +$5.28M +460,722 +8%
Connor, Clark & Lunn Investment Management (CC&L)
12
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$98.5M +$44.1M +3,851,771 +145%
PMAM
13
Picton Mahoney Asset Management
Ontario, Canada
$96.2M +$6.16M +537,964 +9%
Bank of Montreal
14
Bank of Montreal
Ontario, Canada
$95.3M +$25.7M +2,246,871 +56%
DSC
15
Donald Smith & Co
New York
$87.3M -$19.3M -1,681,847 -23%
American Century Companies
16
American Century Companies
Missouri
$85.5M +$15.7M +1,373,204 +32%
EIG
17
EdgePoint Investment Group
Ontario, Canada
$79.1M -$17.9M -1,566,712 -23%
Acadian Asset Management
18
Acadian Asset Management
Massachusetts
$77.1M +$41.9M +3,660,800 +256%
AIM
19
Artemis Investment Management
United Kingdom
$74.8M +$34M +2,969,353 +151%
Mackenzie Financial
20
Mackenzie Financial
Ontario, Canada
$71.3M -$4.2M -366,458 -7%
Bank of Nova Scotia
21
Bank of Nova Scotia
Ontario, Canada
$64.8M +$42.5M +3,712,572 +662%
Renaissance Technologies
22
Renaissance Technologies
New York
$59.9M -$3.14M -274,000 -6%
JP Morgan Chase
23
JP Morgan Chase
New York
$58.5M -$3.89M -339,943 -8%
Goldman Sachs
24
Goldman Sachs
New York
$57.7M -$29M -2,531,226 -40%
Man Group
25
Man Group
United Kingdom
$57.2M +$19.2M +1,675,770 +80%

HBM Hedge Fund Activity: Q3 2025 in Review

264 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q3 2025, worth a combined $4.31B — up 41% from $3.06B a quarter earlier.

Buyers outnumbered sellers: 63 funds opened new HBM positions and 38 closed out — a net gain of 25 holders — while 88 added to existing stakes and 91 trimmed.

The largest buyer was Fidelity International, opening a new position worth an estimated $126M. The largest seller was Condire Management, exiting entirely with an estimated $77.2M sold.

  • 264 institutional investors held Hudbay (HBM) as of Q3 2025, up from 240 in Q2 2025.
  • Funds reported $4.31B of Hudbay stock for Q3 2025, up 41% quarter-over-quarter.
  • 63 funds opened new Hudbay positions in Q3 2025 and 38 closed out, a net change of +25 holders.
  • The largest Hudbay buyer in Q3 2025 was Fidelity International, an estimated $126M added.
  • The largest Hudbay seller in Q3 2025 was Condire Management, an estimated $77.2M sold.

Based on aggregated 13F filings for Q3 2025.