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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.

New
Increased
Maintained
Reduced
Closed

1.97% less ownership

Funds ownership: 46.6%44.62% (-2%)

4% less funds holding

Funds holding: 187180 (-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: 20 (-2)

Holders
180
Holders Change
-7
Holders Change %
-3.74%
% of All Funds
5.22%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
20
Increased
58
Reduced
70
Closed
26
Calls
$13.5M
Puts
$30.7M
Net Calls
-$17.3M
Net Calls Change
+$3M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$60.4M +$100K +33,196 +0.2%
VanEck Associates
2
VanEck Associates
New York
$58.9M -$3.33M -1,102,169 -5%
State Street
3
State Street
Massachusetts
$37.6M +$876K +289,949 +2%
BIT
4
BlackRock Institutional Trust
California
$28.4M -$679K -224,815 -2%
BFA
5
BlackRock Fund Advisors
California
$26.5M -$879K -291,087 -3%
Susquehanna International Group
6
Susquehanna International Group
Pennsylvania
$18.9M +$3.97M +1,314,794 +27%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$16M -$316K -104,595 -2%
Northern Trust
8
Northern Trust
Illinois
$14.6M -$1.89M -627,027 -12%
HCS
9
Harvest Capital Strategies
California
$13.8M +$8.99M +2,975,000 +198%
D.E. Shaw & Co
10
D.E. Shaw & Co
New York
$11.7M -$1.36M -451,301 -11%
Ameriprise
11
Ameriprise
Minnesota
$10.1M -$750K -248,272 -7%
GXMC
12
Global X Management Company
New York
$10.1M -$873K -288,890 -8%
SB
13
Suntrust Banks
Georgia
$9.35M +$9.02M +2,985,152 +5,713%
CM
14
CS McKee
Pennsylvania
$8.89M -$5.93M -1,963,743 -40%
VOYA Investment Management
15
VOYA Investment Management
Georgia
$8.31M +$674K +223,000 +9%
CS
16
Credit Suisse
Switzerland
$7.11M +$240K +79,333 +4%
Axa
17
Axa
France
$7.03M -$414K -137,189 -6%
Norges Bank
18
Norges Bank
Norway
$6.44M
Morgan Stanley
19
Morgan Stanley
New York
$6.07M -$4.27M -1,414,561 -42%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$5.74M -$790K -261,484 -12%
SONJCPFA
21
State of New Jersey Common Pension Fund A
New Jersey
$5.39M
Geode Capital Management
22
Geode Capital Management
Massachusetts
$5.26M +$505K +167,209 +11%
TCIM
23
TIAA CREF Investment Management
New York
$4.7M -$42.7K -14,135 -0.9%
SCM
24
Summit Capital Management
Washington
$4.62M +$1.5M +497,750 +50%
RA
25
Royce & Associates
New York
$4.42M +$1.48M +490,000 +52%

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.