Hecla Mining
180 hedge funds and large institutions have $470M invested in Hecla Mining in 2013 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 58 increasing their positions, 70 reducing their positions, and 26 closing their positions.
1.97% less ownership
Funds ownership: 46.6% → 44.62% (-2%)
4% less funds holding
Funds holding: 187 → 180 (-7)
17% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 70
23% less capital invested
Capital invested by funds: $607M → $470M (-$137M)
23% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 26
56% less call options, than puts
Call options by funds: $13.5M | Put options by funds: $30.7M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$9.02M |
| 2 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
+$8.99M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.97M |
| 4 |
Jane Street
New York
|
+$1.88M |
| 5 |
SCM
Summit Capital Management
Seattle,
Washington
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIC
Water Island Capital
New York
|
-$114M |
| 2 |
CM
CS McKee
Pittsburgh,
Pennsylvania
|
-$5.93M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$5.05M |
| 4 |
Morgan Stanley
New York
|
-$4.27M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.26M |
HL Hedge Fund Activity: Q4 2013 in Review
180 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Hecla Mining (HL) for Q4 2013, worth a combined $470M — down 23% from $607M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of HL and 20 opened new positions — a net loss of 6 holders — while 70 trimmed existing stakes and 58 added.
The largest buyer was Suntrust Banks, adding an estimated $9.02M. The largest seller was Water Island Capital, exiting entirely with an estimated $114M sold.
- 180 institutional investors held Hecla Mining (HL) as of Q4 2013, down from 187 in Q3 2013.
- Funds reported $470M of Hecla Mining stock for Q4 2013, down 23% quarter-over-quarter.
- 20 funds opened new Hecla Mining positions in Q4 2013 and 26 closed out, a net change of -6 holders.
- The largest Hecla Mining buyer in Q4 2013 was Suntrust Banks, an estimated $9.02M added.
- The largest Hecla Mining seller in Q4 2013 was Water Island Capital, an estimated $114M sold.
Based on aggregated 13F filings for Q4 2013.