Hecla Mining
291 hedge funds and large institutions have $1.4B invested in Hecla Mining in 2023 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 93 increasing their positions, 92 reducing their positions, and 38 closing their positions.
94% more call options, than puts
Call options by funds: $21.6M | Put options by funds: $11.2M
1% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 92
8% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 38
1.61% less ownership
Funds ownership: 58.97% → 57.35% (-1.6%)
2% less funds holding
Funds holding: 297 → 291 (-6)
25% less capital invested
Capital invested by funds: $1.87B → $1.4B (-$471M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$20.2M |
| 2 |
Millennium Management
New York
|
+$10.4M |
| 3 |
VanEck Associates
New York
|
+$3.49M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$3.26M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$24.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.5M |
| 3 |
Goldman Sachs
New York
|
-$7.76M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.98M |
| 5 |
MAM
Monaco Asset Management
Monaco
|
-$5.92M |
HL Hedge Fund Activity: Q3 2023 in Review
291 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Hecla Mining (HL) for Q3 2023, worth a combined $1.4B — down 25% from $1.87B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of HL and 35 opened new positions — a net loss of 3 holders — while 92 trimmed existing stakes and 93 added.
The largest buyer was State Street, adding an estimated $20.2M. The largest seller was Bank of America, cutting an estimated $24.1M.
- 291 institutional investors held Hecla Mining (HL) as of Q3 2023, down from 297 in Q2 2023.
- Funds reported $1.4B of Hecla Mining stock for Q3 2023, down 25% quarter-over-quarter.
- 35 funds opened new Hecla Mining positions in Q3 2023 and 38 closed out, a net change of -3 holders.
- The largest Hecla Mining buyer in Q3 2023 was State Street, an estimated $20.2M added.
- The largest Hecla Mining seller in Q3 2023 was Bank of America, an estimated $24.1M sold.
Based on aggregated 13F filings for Q3 2023.