Hecla Mining
280 hedge funds and large institutions have $1.74B invested in Hecla Mining in 2023 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 112 increasing their positions, 72 reducing their positions, and 40 closing their positions.
141% more call options, than puts
Call options by funds: $24.6M | Put options by funds: $10.2M
56% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 72
25% more capital invested
Capital invested by funds: $1.4B → $1.74B (+$346M)
1.29% more ownership
Funds ownership: 57.35% → 58.64% (+1.3%)
4% less funds holding
Funds holding: 291 → 280 (-11)
13% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$18.6M |
| 2 |
Morgan Stanley
New York
|
+$17.7M |
| 3 |
BlackRock
New York
|
+$13.8M |
| 4 |
JP Morgan Chase
New York
|
+$10.8M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$6.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$15.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$12.8M |
| 3 |
Millennium Management
New York
|
-$11.2M |
| 4 |
Goldman Sachs
New York
|
-$6.07M |
| 5 |
QP
Quilter Plc
London,
United Kingdom
|
-$5.21M |
HL Hedge Fund Activity: Q4 2023 in Review
280 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Hecla Mining (HL) for Q4 2023, worth a combined $1.74B — up 25% from $1.4B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of HL and 35 opened new positions — a net loss of 5 holders — while 72 trimmed existing stakes and 112 added.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $18.6M. The largest seller was Mirae Asset Global Investments, cutting an estimated $15.4M.
- 280 institutional investors held Hecla Mining (HL) as of Q4 2023, down from 291 in Q3 2023.
- Funds reported $1.74B of Hecla Mining stock for Q4 2023, up 25% quarter-over-quarter.
- 35 funds opened new Hecla Mining positions in Q4 2023 and 40 closed out, a net change of -5 holders.
- The largest Hecla Mining buyer in Q4 2023 was Balyasny Asset Management, an estimated $18.6M added.
- The largest Hecla Mining seller in Q4 2023 was Mirae Asset Global Investments, an estimated $15.4M sold.
Based on aggregated 13F filings for Q4 2023.