L1 Capital Pty Ltd: HUDBAY MINERALS INC (HBM): Quarterly 13F Position History
As of Q2 2026, L1 Capital Pty Ltd reported 9,977,133 shares of HUDBAY MINERALS INC (HBM), worth $235.5M and representing 7.9% of its 13F equity book. Quarter-over-quarter share count change: + 9,977,133 (re-initiated) . The position first appeared in Q2 2021 and has been disclosed across 21 13F-HR filings in Pactolio's tracked window.
- 9,977,133Shares Held (Latest Filing)
- $235.5MReported Market Value (Latest Filing)
- 7.9%Portfolio Weight (% of 13F Equity Book)
- +9,977,133Quarter-over-Quarter Share Change
- +$235.5MQuarter-over-Quarter Value Change
- 18,339,454Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 21 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q2 2026 | 9,977,133 | +9,977,133 | – | $235.5M | 7.9% | $23.6 |
| Q1 2026 | 0 | 0 | – | $0 | 0.0% | – |
| Q4 2025 | 0 | 8,379,964 | -100.0% | $0 | 0.0% | – |
| Q3 2025 | 8,379,964 | 6,674,123 | -44.3% | $134.1M | 8.5% | $16.0 |
| Q2 2025 | 15,054,087 | +630,703 | +4.4% | $159.9M | 11.8% | $10.6 |
| Q1 2025 | 14,423,384 | +4,410,778 | +44.1% | $109.4M | 10.2% | $7.6 |
| Q4 2024 | 10,012,606 | 3,625,056 | -26.6% | $116.7M | 10.0% | $11.7 |
| Q3 2024 | 13,637,662 | +2,878,134 | +26.7% | $169.7M | 14.6% | $12.4 |
| Q2 2024 | 10,759,528 | 5,130,936 | -32.3% | $133.2M | 12.9% | $12.4 |
| Q1 2024 | 15,890,464 | 1,050,171 | -6.2% | $149.1M | 12.4% | $9.4 |
| Q4 2023 | 16,940,635 | +641,279 | +3.9% | $123.7M | 11.6% | $7.3 |
| Q3 2023 | 16,299,356 | +2,141,437 | +15.1% | $107.7M | 9.2% | $6.6 |
| Q2 2023 | 14,157,919 | +2,312,179 | +19.5% | $89.9M | 10.8% | $6.3 |
| Q1 2023 | 11,845,740 | +3,622,951 | +44.1% | $84.0M | 11.7% | $7.1 |
| Q4 2022 | 8,222,789 | 9,853,225 | -54.5% | $56.2M | 8.7% | $6.8 |
| Q3 2022 | 18,076,014 | 263,440 | -1.4% | $100.5M | 19.7% | $5.6 |
| Q2 2022 | 18,339,454 | +5,567,414 | +43.6% | $90.4M | 17.6% | $4.9 |
| Q1 2022 | 12,772,040 | +1,462,480 | +12.9% | $105.1M | 12.7% | $8.2 |
| Q4 2021 | 11,309,560 | +1,596,887 | +16.4% | $103.6M | 12.0% | $9.2 |
| Q3 2021 | 9,712,673 | +125,716 | +1.3% | $76.7M | 9.5% | $7.9 |
| Q2 2021 | 9,586,957 | – | – | $79.1M | 16.3% | $8.3 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares, a quarter-end mark rather than the manager's cost basis. See the full methodology document for the normalization rules.
When did L1 Capital Pty Ltd first disclose a HBM position in 13F-HR filings?
L1 Capital Pty Ltd first reported HUDBAY MINERALS INC (HBM) on its 13F-HR filing for the period ending 2021-06-30 (Q2 2021). The position has appeared on 21 reported quarters within Pactolio's tracked window.
What was L1 Capital Pty Ltd's most recent quarter-over-quarter share-count change in HBM?
Between Q1 2026 and Q2 2026, L1 Capital Pty Ltd added 9,977,133 shares of HBM (re-initiated), bringing the total reported position to 9,977,133 shares at a market value of $235.5M.
Does the implied price-per-share represent L1 Capital Pty Ltd's cost basis in HBM?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.