| 4 | GMT CAPITAL CORP | 18.3M | $431.5M | -16.5% | 4.116% | 22.49% |
| 5 | Hancock Prospecting Pty Ltd | 15.9M | $374.4M | 0.0% | 3.577% | 6.55% |
| 6 | ROYAL BANK OF CANADA | 14.8M | $349.7M | +79.4% | 3.335% | 0.05% |
| 7 | VANGUARD CAPITAL MANAGEMENT LLC | 12.4M | $293.1M | +12.8% | 2.795% | 0.01% |
| 8 | L1 Capital Pty Ltd | 10.0M | $235.5M | — | 2.246% | 7.92% |
| 9 | BANK OF MONTREAL /CAN/ | 9.4M | $221.5M | +3.0% | 2.114% | 0.07% |
| 10 | CIBC Asset Management Inc | 8.9M | $209.4M | -13.5% | 1.994% | 0.46% |
| 11 | DIMENSIONAL FUND ADVISORS LP | 8.2M | $193.8M | -15.4% | 1.848% | 0.04% |
| 12 | MORGAN STANLEY | 7.6M | $178.6M | +10.9% | 1.704% | 0.01% |
| 13 | FMR LLC | 7.5M | $176.2M | +12.8% | 1.680% | 0.01% |
| 14 | Castle Hook Partners LP | 5.9M | $139.5M | — | 1.331% | 0.64% |
| 15 | AMERICAN CENTURY COMPANIES INC | 5.8M | $137.2M | -9.2% | 1.308% | 0.06% |
| 16 | NORGES BANK | 5.7M | $135.2M | — | 1.290% | 0.01% |
| 17 | PICTON MAHONEY ASSET MANAGEMENT | 5.7M | $133.2M | +18.8% | 1.273% | 0.99% |
| 18 | WELLINGTON MANAGEMENT GROUP LLP | 5.5M | $130.6M | +624.5% | 1.245% | 0.02% |
| 19 | Invesco Ltd. | 5.1M | $119.6M | -20.4% | 1.140% | 0.01% |
| 20 | WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 4.2M | $99.5M | — | 0.949% | 0.30% |
| 21 | Connor, Clark & Lunn Investment Management Ltd. | 4.2M | $99.0M | -39.8% | 0.945% | 0.19% |
| 22 | BANK OF AMERICA CORP /DE/ | 4.1M | $96.3M | +116.6% | 0.919% | 0.01% |
| 23 | MANUFACTURERS LIFE INSURANCE COMPANY, THE | 3.9M | $91.6M | +60.2% | 0.875% | 0.04% |
| 24 | VANGUARD FIDUCIARY TRUST CO | 3.8M | $88.6M | +12.3% | 0.845% | 0.02% |
| 25 | GOLDMAN SACHS GROUP INC | 3.4M | $80.1M | +113.7% | 0.764% | 0.01% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in HBM — a direct measure of their conviction.
| 51.69% |
| 8.14 pp |
| $1.70B |
| 20% |
| Q4 2024 | 220 | +5.8% | 59.83% | +2.03 pp | $2.11B | 5.9% |
| Q3 2024 | 208 | — | 57.80% | — | $2.24B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
71 institutions opened new positions in HBM during Q2 2026, while 49 fully exited. 184 added to existing positions and 55 trimmed.
HBM institutional ownership rose by 7.23 percentage points quarter-over-quarter, with a net change of +23 holders.
The top 10 institutions account for 47.9% of all reported 13F value in HBM, and the top 25 account for 72.5%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Hudbay Minerals Inc. (HBM) Institutional Ownership