Hecla Mining
297 hedge funds and large institutions have $2.33B invested in Hecla Mining in 2023 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 111 increasing their positions, 71 reducing their positions, and 34 closing their positions.
77% more call options, than puts
Call options by funds: $51.1M | Put options by funds: $28.8M
56% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 71
38% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 34
33% more capital invested
Capital invested by funds: $1.75B → $2.33B (+$584M)
3.22% more ownership
Funds ownership: 57.28% → 60.5% (+3.2%)
2% more funds holding
Funds holding: 290 → 297 (+7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$32.6M |
| 2 |
State Street
Boston,
Massachusetts
|
+$21.6M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
+$18.5M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$15.8M |
| 5 |
SI
Scout Investments
Kansas City,
Missouri
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$26.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$7.31M |
| 3 |
Bank of New York Mellon
New York
|
-$5.95M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$4.62M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.61M |
HL Hedge Fund Activity: Q1 2023 in Review
297 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Hecla Mining (HL) for Q1 2023, worth a combined $2.33B — up 33% from $1.75B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new HL positions and 34 closed out — a net gain of 13 holders — while 111 added to existing stakes and 71 trimmed.
The largest buyer was VanEck Associates, adding an estimated $32.6M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $26.6M sold.
- 297 institutional investors held Hecla Mining (HL) as of Q1 2023, up from 290 in Q4 2022.
- Funds reported $2.33B of Hecla Mining stock for Q1 2023, up 33% quarter-over-quarter.
- 47 funds opened new Hecla Mining positions in Q1 2023 and 34 closed out, a net change of +13 holders.
- The largest Hecla Mining buyer in Q1 2023 was VanEck Associates, an estimated $32.6M added.
- The largest Hecla Mining seller in Q1 2023 was Driehaus Capital Management, an estimated $26.6M sold.
Based on aggregated 13F filings for Q1 2023.