Hudbay
HBM
295 hedge funds and large institutions have $6.2B invested in Hudbay in 2026 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 86 increasing their positions, 113 reducing their positions, and 45 closing their positions.
203% more call options, than puts
Call options by funds: $105M | Put options by funds: $34.8M
56% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 45
8% more funds holding
Funds holding: 273 → 295 (+22)
3% more capital invested
Capital invested by funds: $6.01B → $6.2B (+$195M)
1.48% less ownership
Funds ownership: 76.16% → 74.68% (-1.5%)
24% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 113
40% less funds holding in top 10
Funds holding in top 10: 10 → 6 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$227M |
| 2 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
+$123M |
| 3 |
Millennium Management
New York
|
+$89.8M |
| 4 |
HP
Hancock Prospecting
West Perth,
Australia
|
+$31.6M |
| 5 |
Janus Henderson Group
London,
|
+$29.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$94.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$70.8M |
| 3 |
GC
GMT Capital
Atlanta,
Georgia
|
-$64M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$63.3M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$59.3M |
HBM Hedge Fund Activity: Q1 2026 in Review
295 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Hudbay (HBM) for Q1 2026, worth a combined $6.2B — up 3.2% from $6.01B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new HBM positions and 45 closed out — a net gain of 25 holders — while 86 added to existing stakes and 113 trimmed.
The largest buyer was CIBC Asset Management, adding an estimated $227M. The largest seller was Artemis Investment Management, cutting an estimated $94.3M.
- 295 institutional investors held Hudbay (HBM) as of Q1 2026, up from 273 in Q4 2025.
- Funds reported $6.2B of Hudbay stock for Q1 2026, up 3.2% quarter-over-quarter.
- 70 funds opened new Hudbay positions in Q1 2026 and 45 closed out, a net change of +25 holders.
- The largest Hudbay buyer in Q1 2026 was CIBC Asset Management, an estimated $227M added.
- The largest Hudbay seller in Q1 2026 was Artemis Investment Management, an estimated $94.3M sold.
Based on aggregated 13F filings for Q1 2026.