Who owns HBM
Which tracked institutional funds hold HBM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See HBM company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-17). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
138 tracked funds added or opened HBM while 74 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
HBM’s largest tracked holder by dollar value, FIL Ltd, sizes it at 0.5% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in HBM divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 309 tracked filers holding HBM, 194 increased or opened the position and 139 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in HBM between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 32
- L1 Capital Pty Ltd$236M
- Castle Hook Partners LP$140M
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC$100M
- Bornite Capital Management LP$50M
- PRICE T ROWE ASSOCIATES INC /MD/$25M
- Thomist Capital Management, LP$17M
Full exits 34
- ACADIAN ASSET MANAGEMENT LLC$224M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$141M
- JANUS HENDERSON GROUP PLC$26M
- Qube Research & Technologies Ltd$25M
- Amundi$23M
- Boston Partners$17M
Largest adds
- MACKENZIE FINANCIAL CORP$211M
- ROYAL BANK OF CANADA$177M
- WELLINGTON MANAGEMENT GROUP LLP$115M
- MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.$100M
- NORGES BANK$89M
- VANGUARD CAPITAL MANAGEMENT LLC$63M
Largest trims
- BANK OF NOVA SCOTIA$113M
- MILLENNIUM MANAGEMENT LLC$57M
- Connor, Clark & Lunn Investment Management Ltd.$47M
- D. E. Shaw & Co., Inc.$31M
- GMT Capital Corp$26M
- CITADEL ADVISORS LLC$24M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| FIL Ltd trimmed | 28,303,227 | $668M | 9.1% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 19,920,330 | $470M | 6.4% | 2026-Q2 |
| GMT Capital Corp trimmed | 18,281,369 | $432M | 5.9% | 2026-Q2 |
| Hancock Prospecting Pty Ltd | 15,885,729 | $374M | 5.1% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 14,810,721 | $350M | 4.8% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP added | 13,031,045 | $436M | 6.0% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 12,413,235 | $293M | 4.0% | 2026-Q2 |
| L1 Capital Pty Ltd added | 9,977,133 | $236M | 3.2% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 9,390,386 | $222M | 3.0% | 2026-Q2 |
| CIBC Asset Management Inc trimmed | 8,855,472 | $209M | 2.9% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 8,208,258 | $194M | 2.6% | 2026-Q2 |
| MORGAN STANLEY added | 7,566,399 | $179M | 2.4% | 2026-Q2 |
| FMR LLC added | 7,460,795 | $176M | 2.4% | 2026-Q2 |
| Castle Hook Partners LP new | 5,909,069 | $140M | 1.9% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC trimmed | 5,809,326 | $137M | 1.9% | 2026-Q2 |
| NORGES BANK trimmed | 5,730,407 | $135M | 1.8% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP added | 5,529,713 | $131M | 1.8% | 2026-Q2 |
| Invesco Ltd. trimmed | 5,064,932 | $120M | 1.6% | 2026-Q2 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC new | 4,215,842 | $100M | 1.4% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 4,197,448 | $99M | 1.4% | 2026-Q2 |
| PICTON MAHONEY ASSET MANAGEMENT added | 4,154,931 | $98M | 1.3% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 4,080,532 | $96M | 1.3% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 3,884,081 | $92M | 1.3% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 3,751,332 | $89M | 1.2% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 3,393,555 | $80M | 1.1% | 2026-Q2 |
| VAN ECK ASSOCIATES CORP added | 3,172,033 | $75M | 1.0% | 2026-Q2 |
| Oxbow Capital Management (HK) Ltd added | 2,950,000 | $70M | 1.0% | 2026-Q2 |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. added | 2,936,272 | $69M | 0.9% | 2026-Q2 |
| Artemis Investment Management LLP added | 2,851,946 | $67M | 0.9% | 2026-Q2 |
| TD Asset Management Inc added | 2,645,075 | $62M | 0.9% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 2,594,232 | $61M | 0.8% | 2026-Q2 |
| Man Group plc added | 2,380,488 | $56M | 0.8% | 2026-Q2 |
| EdgePoint Investment Group Inc. trimmed | 2,182,844 | $51M | 0.7% | 2026-Q2 |
| Bornite Capital Management LP new | 2,132,700 | $50M | 0.7% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 2,041,190 | $48M | 0.7% | 2026-Q2 |
| Addenda Capital Inc. added | 1,872,488 | $63M | 0.9% | 2026-Q2 |
| TORONTO DOMINION BANK added | 1,845,749 | $44M | 0.6% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ trimmed | 1,668,804 | $39M | 0.5% | 2026-Q2 |
| CastleKnight Management LP added | 1,522,100 | $36M | 0.5% | 2026-Q2 |
| Allianz Asset Management GmbH trimmed | 1,461,697 | $31M | 0.4% | 2026-Q2 |
| Vanguard Global Advisers, LLC added | 1,418,670 | $34M | 0.5% | 2026-Q2 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 1,352,931 | $32M | 0.4% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 1,331,209 | $31M | 0.4% | 2026-Q2 |
| Temasek Holdings (Private) Ltd added | 1,269,125 | $30M | 0.4% | 2026-Q2 |
| Robeco Schweiz AG added | 1,223,000 | $29M | 0.4% | 2026-Q2 |
| CIBC WORLD MARKET INC. added | 1,208,629 | $29M | 0.4% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 1,121,266 | $26M | 0.4% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 1,112,257 | $26M | 0.4% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 1,038,750 | $25M | 0.3% | 2026-Q2 |
| UBS Group AG added | 945,557 | $22M | 0.3% | 2026-Q2 |
| Regal Partners Ltd added | 904,055 | $21M | 0.3% | 2026-Q2 |
| Caisse de depot et placement du Quebec added | 873,763 | $21M | 0.3% | 2026-Q2 |
| BARCLAYS PLC added | 871,670 | $21M | 0.3% | 2026-Q2 |
| Swiss National Bank added | 851,196 | $20M | 0.3% | 2026-Q2 |
| Robeco Institutional Asset Management B.V. added | 822,156 | $19M | 0.3% | 2026-Q2 |
| Bank of New York Mellon Corp added | 820,712 | $19M | 0.3% | 2026-Q2 |
| Quadrature Capital Ltd added | 818,073 | $19M | 0.3% | 2026-Q2 |
| LETKO, BROSSEAU & ASSOCIATES INC trimmed | 808,989 | $19M | 0.3% | 2026-Q2 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp added | 790,655 | $19M | 0.3% | 2026-Q2 |
| ALPS ADVISORS INC trimmed | 785,051 | $19M | 0.3% | 2026-Q2 |
| Nokomis Capital, L.L.C. added | 775,735 | $18M | 0.3% | 2026-Q2 |
| 1832 Asset Management L.P. added | 745,735 | $18M | 0.2% | 2026-Q2 |
| Thomist Capital Management, LP added | 734,227 | $17M | 0.2% | 2026-Q2 |
| AGF MANAGEMENT LTD added | 719,742 | $17M | 0.2% | 2026-Q2 |
| Legal & General Group Plc added | 671,219 | $16M | 0.2% | 2026-Q2 |
| INTACT INVESTMENT MANAGEMENT INC. added | 669,490 | $16M | 0.2% | 2026-Q2 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO trimmed | 658,063 | $16M | 0.2% | 2026-Q2 |
| Federation des caisses Desjardins du Quebec added | 657,449 | $15M | 0.2% | 2026-Q2 |
| Clearbridge Investments, LLC added | 616,101 | $15M | 0.2% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 576,700 | $14M | 0.2% | 2026-Q2 |
| BlackRock, Inc. added | 576,685 | $14M | 0.2% | 2026-Q2 |
| Triasima Portfolio Management inc. trimmed | 563,547 | $13M | 0.2% | 2026-Q2 |
| OMERS ADMINISTRATION Corp added | 534,384 | $13M | 0.2% | 2026-Q2 |
| Ceredex Value Advisors LLC trimmed | 527,650 | $12M | 0.2% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 520,738 | $12M | 0.2% | 2026-Q2 |
| Lumbard & Kellner, LLC added | 519,841 | $12M | 0.2% | 2026-Q2 |
| Point72 Asset Management, L.P. trimmed | 519,318 | $12M | 0.2% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed | 518,166 | $12M | 0.2% | 2026-Q2 |
| TD Waterhouse Canada Inc. added | 489,033 | $11M | 0.2% | 2026-Q2 |
| PCJ Investment Counsel Ltd. added | 475,210 | $11M | 0.2% | 2026-Q2 |
| FEDERATED HERMES, INC. added | 472,054 | $11M | 0.2% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 467,043 | $11M | 0.2% | 2026-Q2 |
| GUARDIAN CAPITAL LP trimmed | 452,109 | $11M | 0.1% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 428,886 | $10M | 0.1% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 422,566 | $10M | 0.1% | 2026-Q2 |
| Hillsdale Investment Management Inc. trimmed | 414,200 | $10M | 0.1% | 2026-Q2 |
| BAROMETER CAPITAL MANAGEMENT INC. added | 398,050 | $13M | 0.2% | 2026-Q2 |
| PINEBRIDGE INVESTMENTS LLC trimmed | 376,264 | $13M | 0.2% | 2026-Q2 |
| Bridgewater Associates, LP trimmed | 359,921 | $8M | 0.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 348,000 | $8M | 0.1% | 2026-Q2 |
| Nuveen, LLC added | 330,413 | $8M | 0.1% | 2026-Q2 |
| MARSHALL WACE, LLP trimmed | 319,202 | $8M | 0.1% | 2026-Q2 |
| Mudita Advisors LLP | 317,389 | $7M | 0.1% | 2026-Q2 |
| Tidal Investments LLC trimmed | 311,166 | $7M | 0.1% | 2026-Q2 |
| CREDIT AGRICOLE S A added | 302,207 | $7M | 0.1% | 2026-Q2 |
| D. E. Shaw & Co., Inc. trimmed | 298,900 | $7M | 0.1% | 2026-Q2 |
| RENAISSANCE GROUP LLC trimmed | 298,262 | $7M | 0.1% | 2026-Q2 |
| Gotham Asset Management, LLC added | 284,741 | $7M | 0.1% | 2026-Q2 |
| EASTERLY INVESTMENT PARTNERS LLC added | 282,329 | $7M | 0.1% | 2026-Q2 |
| Extract Advisors LLC new | 260,000 | $6M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.