Vault-13

HUDBAY MINERALS INC HBM

COM · Common Stock · CUSIP 443628102 · ISIN CA4436281022

213 institutional holders +35 vs Q1 2024
263,313,365263.3m shares reported held*
$2.5bnreported value*
58 new 83 added 54 reduced 22 sold out net bought ≈ $335.8m (+32.9m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $9.68. Options: 14 managers hold calls ($45.8m notional), 8 hold puts ($5.4m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 116Q4 22: 147Q1 23: 165Q2 23: 173Q3 23: 172Q4 23: 179Q1 24: 178Q2 24: 213213Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022116
Q4 2022147
Q1 2023165
Q2 2023173
Q3 2023172
Q4 2023179
Q1 2024178
Q2 2024213

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 86 bought or addedQ4 22: 47 cut or sold outQ4 22Q1 23: 107 bought or addedQ1 23: 53 cut or sold outQ2 23: 109 bought or addedQ2 23: 60 cut or sold outQ2 23Q3 23: 87 bought or addedQ3 23: 74 cut or sold outQ4 23: 91 bought or addedQ4 23: 72 cut or sold outQ4 23Q1 24: 92 bought or addedQ1 24: 83 cut or sold outQ2 24: 141 bought or addedQ2 24: 76 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20228647
Q1 202310753
Q2 202310960
Q3 20238774
Q4 20239172
Q1 20249283
Q2 202414176

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20m$40m$60mQ3 23 calls: $4.2mQ3 23 puts: $2.6mQ3 23P/C 0.61Q4 23 calls: $3.6mQ4 23 puts: $4.1mQ4 23P/C 1.12Q1 24 calls: $6.1mQ1 24 puts: $17.6mQ1 24P/C 2.87Q2 24 calls: $45.8mQ2 24 puts: $5.4mQ2 24P/C 0.12
Numbers
QuarterCallsPutsP/C
Q3 2023$4.2m$2.6m0.61
Q4 2023$3.6m$4.1m1.12
Q1 2024$6.1m$17.6m2.87
Q2 2024$45.8m$5.4m0.12

Biggest buyers

FIL Ltd New +7,426,588+7.4m
VANGUARD GROUP INC Added +6,090,195+6.1m
Connor, Clark & Lunn Investment Management Ltd. Added +5,622,780+5.6m
Waratah Capital Advisors Ltd. Added +5,429,932+5.4m
NORGES BANK Added +4,348,700+4.3m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP New +3,199,927+3.2m
TWO SIGMA INVESTMENTS, LP Added +2,560,330+2.6m
Regal Partners Ltd New +2,536,575+2.5m
Invesco Ltd. Added +2,250,385+2.3m
JPMORGAN CHASE & CO Added +2,063,368+2.1m

Biggest sellers

MORGAN STANLEY Reduced -9,849,004-9.8m
LETKO, BROSSEAU & ASSOCIATES INC Reduced -6,871,100-6.9m
Mirae Asset Global Investments Co., Ltd. Sold out -5,498,286-5.5m
L1 Capital Pty Ltd Reduced -5,130,936-5.1m
MILLENNIUM MANAGEMENT LLC Reduced -2,964,255-3.0m
Encompass Capital Advisors LLC Reduced -2,784,139-2.8m
GMT Capital Corp Reduced -2,771,900-2.8m
SCOPUS ASSET MANAGEMENT, L.P. Sold out -2,100,000-2.1m
EdgePoint Investment Group Inc. Reduced -1,981,297-2.0m
SCOTIA CAPITAL INC. Reduced -1,650,779-1.7m

Biggest calls

BANK OF MONTREAL /CAN/ New $13.1m1.4m shares
Waratah Capital Advisors Ltd. New $5.0m400.0k shares
SIG North Trading, ULC Added $4.3m476.6k shares
CastleKnight Management LP New $4.1m450.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $4.0m437.0k shares
Hiddenite Capital Partners LP New $3.6m400.0k shares
JANE STREET GROUP, LLC New $3.5m383.1k shares
CIBC WORLD MARKET INC. Unchanged $1.9m206.0k shares
NOMURA HOLDINGS INC New $1.8m200.0k shares
GROUP ONE TRADING LLC Added $1.8m199.6k shares

Biggest puts

JANE STREET GROUP, LLC Added $1.9m211.4k shares
SIG North Trading, ULC Reduced $1.8m196.8k shares
BANK OF MONTREAL /CAN/ New $653.5k72.0k shares
CITADEL ADVISORS LLC Added $420.8k46.5k shares
GROUP ONE TRADING LLC Added $221.7k24.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $218.1k24.1k shares
SIMPLEX TRADING, LLC Added $186.0k20.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
FIL Ltd 13G · institution -2.1 pts · filed 2026-08-06 6.3% -2.1 pts 28.3m≈ $647.1m 2026-08-06

Fell to 5% or below in the last year: GMT CAPITAL CORP (4.6%, 2026-08-14), DIMENSIONAL FUND ADVISORS LP (4.9%, 2026-01-21)

Insider purchases and sales in Q2 2024

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GMT Capital Corp 17.73% of their portfolio ATLANTA, GA 38,754,02038.8m $479.8m $479.8m 17.73% Reduced -2.8m -2,771,900
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 14,784,63114.8m $133.8m $133.8m 0.00% Added +6.1m +6,090,195
3 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.27% of their portfolio CAUSEWAY BAY, K3 12,344,48612.3m $111.7m $111.7m 0.27% First filing
4 Invesco Ltd. 0.02% of their portfolio ATLANTA, GA 11,683,83211.7m $105.7m $105.7m 0.02% Added +2.3m +2,250,385
5 L1 Capital Pty Ltd 12.87% of their portfolio MELBOURNE VIC 3000, C3 10,759,52810.8m $133.2m $133.2m 12.87% Reduced -5.1m -5,130,936
6 LETKO, BROSSEAU & ASSOCIATES INC 1.65% of their portfolio MONTREAL, A8 9,591,1589.6m $86.8m $86.8m 1.65% Reduced -6.9m -6,871,100
7 Connor, Clark & Lunn Investment Management Ltd. 0.33% of their portfolio VANCOUVER, A1 8,701,0518.7m $78.7m $78.7m 0.33% Added +5.6m +5,622,780
8 FIL Ltd 0.07% of their portfolio HAMILTON, D0 7,426,5887.4m $67.2m $67.2m 0.07% New
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 6,886,2026.9m $62.3m $62.3m 0.00% Reduced -9.8m -9,849,004
10 EdgePoint Investment Group Inc. 0.44% of their portfolio TORONTO, A6 5,812,3215.8m $52.6m $52.6m 0.44% Reduced -2.0m -1,981,297
11 Waratah Capital Advisors Ltd. 3.01% of their portfolio TORONTO, A6 5,496,4865.5m $49.7m $49.7m 3.01% Added +5.4m +5,429,932
12 NORGES BANK 0.01% of their portfolio OSLO, Q8 5,323,7245.3m $48.2m $48.2m 0.01% Added +4.3m +4,348,700
13 Condire Management, LP 6.20% of their portfolio DALLAS, TX 5,075,5535.1m $45.9m $45.9m 6.20% Added +849.0k +849,000
14 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 4,873,5284.9m $44.2m $44.2m 0.01% Added +1.7m +1,746,519
15 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 4,711,3524.7m $42.6m $42.6m 0.01% Added +2.0m +2,043,902
16 MACKENZIE FINANCIAL CORP 0.06% of their portfolio TORONTO ONTARIO, A6 4,272,0684.3m $38.7m $38.7m 0.06% Reduced -259.7k -259,685
17 T. Rowe Price Investment Management, Inc. 0.02% of their portfolio BALTIMORE, MD 4,180,8674.2m $37.8m $37.8m 0.02% Reduced -753.0k -753,022
18 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 3,730,2393.7m $33.8m $33.8m 0.01% Added +840.4k +840,427
19 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 3,545,3403.5m $32.1m $32.1m 0.01% Added +702.2k +702,170
20 Encompass Capital Advisors LLC 1.69% of their portfolio New York, NY 3,465,2003.5m $31.3m $31.3m 1.69% Reduced -2.8m -2,784,139
21 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio BOSTON, MA 3,199,9273.2m $29.0m $29.0m 0.03% New
22 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,061,3243.1m $27.7m $27.7m 0.00% Added +2.1m +2,063,368
23 JENNISON ASSOCIATES LLC 0.02% of their portfolio NEW YORK, NY 2,939,6882.9m $26.6m $26.6m 0.02% Added +117.8k +117,768
24 TD Asset Management Inc 0.02% of their portfolio Toronto, A6 2,906,3012.9m $26.3m $26.3m 0.02% Added +1.9m +1,935,709
25 DONALD SMITH & CO., INC. 0.66% of their portfolio NEW YORK, NY 2,842,3632.8m $25.7m $25.7m 0.66% Reduced -1.6m -1,601,099
26 TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio NEW YORK, NY 2,730,7562.7m $24.7m $24.7m 0.06% Added +2.6m +2,560,330
27 D. E. Shaw & Co., Inc. 0.03% of their portfolio New York, NY 2,648,5362.6m $24.0m $24.0m 0.03% Added +1.6m +1,624,900
28 Regal Partners Ltd 2.38% of their portfolio SYDNEY, C3 2,536,5752.5m $23.0m $23.0m 2.38% New
29 Galibier Capital Management Ltd. 4.60% of their portfolio TORONTO, A6 2,046,1502.0m $18.5m $18.5m 4.60% Added +247.0k +247,002
30 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio JUPITER, FL 2,045,1042.0m $18.5m $18.5m 0.07% Added +1.5m +1,530,777
31 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 2,044,7202.0m $18.5m $18.5m 0.01% Added +1.4m +1,442,140
32 VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio ATLANTA, GA 1,950,4952.0m $17.7m $17.7m 0.02% New
33 Carrhae Capital LLP 2.73% of their portfolio London, X0 1,845,9911.8m $16.7m $16.7m 2.73% New
34 CIBC WORLD MARKET INC. 0.04% of their portfolio TORONTO, A6 1,790,9751.8m $16.2m $16.2m 0.04% Added +258.9k +258,899
35 Cubist Systematic Strategies, LLC 0.27% of their portfolio STAMFORD, CT 1,752,6851.8m $15.9m $15.9m 0.27% Added +1.7m +1,685,836
36 DECADE RENEWABLE PARTNERS LP 7.23% of their portfolio HOUSTON, TX 1,637,8451.6m $14.8m $14.8m 7.23% Added +689.5k +689,500
37 Driehaus Capital Management LLC 0.14% of their portfolio Chicago, IL 1,626,2441.6m $14.7m $14.7m 0.14% New
38 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 1,499,4091.5m $13.6m $13.6m 0.02% Added +366.3k +366,300
39 CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio TORONTO ONTARIO, A6 1,431,9001.4m $13.0m $13.0m 0.01% Added +326.4k +326,400
40 CastleKnight Management LP 1.68% of their portfolio New York, NY 1,389,6001.4m $12.6m $12.6m 1.68% Added +249.8k +249,800
41 Man Group plc 0.03% of their portfolio LONDON, X0 1,371,4761.4m $12.4m $12.4m 0.03% Added +1.3m +1,293,804
42 Yaupon Capital Management LP 1.10% of their portfolio NEW YORK, NY 1,358,0891.4m $12.3m $12.3m 1.10% Reduced -141.6k -141,604
43 MACQUARIE GROUP LTD 0.01% of their portfolio Sydney, NSW 2000, C3 1,329,2631.3m $12.0m $12.0m 0.01% Reduced -365.1k -365,126
44 Allianz Asset Management GmbH 0.02% of their portfolio MUNICH, 2M 1,299,1121.3m $11.8m $11.8m 0.02% Added +279.5k +279,548
45 Temasek Holdings (Private) Ltd 0.05% of their portfolio SINGAPORE, U0 1,283,2271.3m $11.6m $11.6m 0.05% New
46 Hillsdale Investment Management Inc. 0.90% of their portfolio Toronto, A6 1,256,7001.3m $11.4m $11.4m 0.90% New
47 ACADIAN ASSET MANAGEMENT LLC 0.03% of their portfolio Boston, MA 1,251,0491.3m $11.3m $11.3m 0.03% New
48 Verition Fund Management LLC 0.09% of their portfolio GREENWICH, CT 1,250,0631.3m $11.3m $11.3m 0.09% Added +160.7k +160,731
49 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.07% of their portfolio VICTORIA, A1 1,244,1921.2m $11.3m $11.3m 0.07% Added +1.0m +1,015,607
50 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 1,229,3841.2m $11.1m $11.1m 0.01% Added +302.7k +302,697
51 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 1,197,8191.2m $10.8m $10.8m 0.00% New
52 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 1,184,2581.2m $10.7m $10.7m 0.01% Reduced -3.0m -2,964,255
53 MBB PUBLIC MARKETS I LLC 0.22% of their portfolio CHICAGO, IL 1,169,9311.2m $10.6m $10.6m 0.22% Added +715.3k +715,343
54 Mountaineer Partners Management, LLC 5.45% of their portfolio New York, NY 1,156,6531.2m $10.5m $10.5m 5.45% Reduced -133.5k -133,473
55 Orchard Capital Management, LLC 3.08% of their portfolio CHICAGO, IL 1,126,3321.1m $10.2m $10.2m 3.08% Reduced -16.0k -16,045
56 Hartree Partners, LP 2.38% of their portfolio NEW YORK, NY 1,041,6691.0m $9.4m $9.4m 2.38% Added +880.0k +880,043
57 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 966,465966.5k $8.7m $8.7m 0.00% Reduced -205.1k -205,051
58 Quadrature Capital Ltd 0.14% of their portfolio LONDON, X0 950,300950.3k $8.6m $8.6m 0.14% Added +910.4k +910,400
59 TWO SIGMA ADVISERS, LP 0.02% of their portfolio NEW YORK, NY 897,803897.8k $8.1m $8.1m 0.02% Added +786.1k +786,103
60 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 854,186854.2k $7.7m $7.7m 0.01% Reduced -104.9k -104,947
61 INTACT INVESTMENT MANAGEMENT INC. 0.28% of their portfolio MONTREAL, A8 825,100825.1k $7.5m $7.5m 0.28% Reduced -91.4k -91,400
62 Wealth High Governance Capital Ltda 1.80% of their portfolio SAO PAULO, D5 800,000800.0k $7.2m $7.2m 1.80% New
63 Swiss National Bank 0.00% of their portfolio ZURICH, V8 779,300779.3k $7.0m $7.0m 0.00% Added +83.7k +83,700
64 Goehring & Rozencwajg Associates, LLC 1.38% of their portfolio NEW YORK, NY 767,569767.6k $6.9m $6.9m 1.38% Added +109.9k +109,899
65 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 766,849766.8k $6.9m $6.9m 0.01% Added +183.4k +183,434
66 Global IMC LLC 1.52% of their portfolio SOLANA BEACH, CA 748,064748.1k $6.8m $6.8m 1.52% New
67 Foundry Partners, LLC 0.35% of their portfolio MINNEAPOLIS, MN 727,854727.9k $6.6m $6.6m 0.35% Reduced -442.1k -442,067
68 BlackRock Inc. 0.00% of their portfolio New York, NY 625,610625.6k $5.7m $5.7m 0.00% Added +98.1k +98,140
69 Nokomis Capital, L.L.C. 2.61% of their portfolio DALLAS, TX 605,022605.0k $5.5m $5.5m 2.61% Reduced -28.9k -28,900
70 Zimmer Partners, LP 0.10% of their portfolio NEW YORK, NY 600,000600.0k $5.4m $5.4m 0.10% New
71 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 592,846592.8k $5.4m $5.4m 0.01% Added +363.9k +363,890
72 Alberta Investment Management Corp 0.06% of their portfolio EDMONTON, A0 591,577591.6k $5.4m $5.4m 0.06% Added +263.0k +262,977
73 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 572,184572.2k $5.2m $5.2m 0.00% New
74 Forge First Asset Management Inc. 2.23% of their portfolio TORONTO, Z4 570,200570.2k $5.2m $5.2m 2.23% New
75 NewGen Asset Management Ltd 2.77% of their portfolio TORONTO, A6 500,000500.0k $4.5m $4.5m 2.77% New
76 CIBC Asset Management Inc 0.02% of their portfolio TORONTO, Z4 488,503488.5k $4.4m $4.4m 0.02% Added +77.5k +77,504
77 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 480,446480.4k $4.3m $4.3m 0.00% Added +449.7k +449,666
78 Anson Funds Management LP 0.59% of their portfolio DALLAS, TX 450,000450.0k $4.1m $4.1m 0.59% New
79 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 449,668449.7k $4.1m $4.1m 0.01% Added +165.7k +165,682
80 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 448,005448.0k $4.1m $4.1m 0.01% Added +167.0k +166,990
81 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 429,691429.7k $3.9m $3.9m 0.00% Added +244.5k +244,525
82 Cumberland Partners Ltd 0.27% of their portfolio TORONTO, A6 416,275416.3k $3.8m $3.8m 0.27% Reduced -219.3k -219,300
83 Lumbard & Kellner, LLC 1.71% of their portfolio HOLLIS, NH 399,835399.8k $3.6m $3.6m 1.71% Reduced -239.6k -239,587
84 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 361,067361.1k $3.3m $3.3m 0.00% Added +133.2k +133,176
85 Legal & General Group Plc 0.00% of their portfolio London, X0 359,557359.6k $3.3m $3.3m 0.00% Added +54.8k +54,839
86 FMR LLC 0.00% of their portfolio BOSTON, MA 351,768351.8k $3.2m $3.2m 0.00% Reduced -24.0k -24,031
87 Bridgewater Associates, LP 0.02% of their portfolio Westport, CT 341,240341.2k $3.1m $3.1m 0.02% Reduced -602.2k -602,205
88 Susquehanna Portfolio Strategies, LLC 0.12% of their portfolio Bala Cynwyd, PA 324,400324.4k $2.9m $2.9m 0.12% Unchanged
89 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 321,892321.9k $2.9m $2.9m 0.01% New
90 Heathbridge Capital Management Ltd. 1.23% of their portfolio TORONTO, A6 321,315321.3k $2.9m $2.9m 1.23% Reduced -260.5k -260,500
91 Lloyd Harbor Capital Management, LLC 1.66% of their portfolio COLD SPRING HARBOR, NY 300,000300.0k $2.7m $2.7m 1.66% New
92 Cinctive Capital Management LP 0.14% of their portfolio New York, NY 293,937293.9k $2.7m $2.7m 0.14% New
93 Quantbot Technologies LP 0.13% of their portfolio NEW YORK, NY 293,110293.1k $2.7m $2.7m 0.13% Added +129.8k +129,797
94 Federation des caisses Desjardins du Quebec 0.01% of their portfolio LEVIS, A8 292,554292.6k $2.8m $2.8m 0.01% Reduced -143.6k -143,589
95 DSC Meridian Capital LP 1.89% of their portfolio NEW YORK, NY 291,500291.5k $2.6m $2.6m 1.89% New
96 Numerai GP LLC 0.95% of their portfolio SAN FRANCISCO, CA 287,382287.4k $2.6m $2.6m 0.95% Added +260.6k +260,595
97 Hudson Bay Capital Management LP 0.02% of their portfolio STAMFORD, CT 270,000270.0k $2.4m $2.4m 0.02% New
98 PCJ Investment Counsel Ltd. 0.98% of their portfolio TORONTO, A6 261,000261.0k $2.4m $2.4m 0.98% Reduced -151.6k -151,640
99 LOUISBOURG INVESTMENTS INC. 0.63% of their portfolio DIEPPE, A3 248,200248.2k $2.2m $2.2m 0.63% New
100 Old West Investment Management, LLC 0.90% of their portfolio Los Angeles, CA 225,000225.0k $2.0m $2.0m 0.90% Unchanged