AG˹ٷ

STOCK TITAN

[SCHEDULE 13G/A] Hudbay Minerals Inc. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary

Hudbay Minerals Inc. disclosed that GMT Capital Corp. and Thomas E. Claugus beneficially own 31,899,020 shares of common stock, equal to 8.08% of the outstanding class. The reported position shows shared voting and shared dispositive power and no sole voting or dispositive power.

The holdings are reported on behalf of managed funds and accounts, including Bay Resource Partners, Bay II Resource Partners and Bay Offshore, and certain sub-advisory and separate account clients. The percentage was calculated using 395,002,063 shares outstanding as of May 8, 2025, per Hudbay's Management Discussion and Analysis on SEDAR+.

Hudbay Minerals Inc. ha comunicato che GMT Capital Corp. e Thomas E. Claugus detengono beneficiariamente 31,899,020 azioni ordinarie, pari a 8.08% delle azioni in circolazione di tale classe. La posizione dichiarata indica potere di voto condiviso e potere di disposizione condiviso e nessun potere di voto o di disposizione esclusivo.

Le partecipazioni sono riportate per conto di fondi e conti gestiti, inclusi Bay Resource Partners, Bay II Resource Partners e Bay Offshore, nonché per alcuni clienti in sub-advisory e conti separati. La percentuale è stata calcolata utilizzando 395,002,063 azioni in circolazione al 8 maggio 2025, secondo il Management Discussion and Analysis di Hudbay su SEDAR+.

Hudbay Minerals Inc. reveló que GMT Capital Corp. y Thomas E. Claugus poseen beneficiariamente 31,899,020 acciones ordinarias, equivalentes a 8.08% de la clase en circulación. La posición declarada muestra voto compartido y poder dispositvo compartido y ningún poder de voto o dispositvo exclusivo.

Las participaciones se informan en nombre de fondos y cuentas gestionadas, incluidos Bay Resource Partners, Bay II Resource Partners y Bay Offshore, así como de ciertos clientes subasesores y de cuentas separadas. El porcentaje se calculó usando 395,002,063 acciones en circulación al 8 de mayo de 2025, según el Management Discussion and Analysis de Hudbay en SEDAR+.

Hudbay Minerals Inc.� GMT Capital Corp.와 Thomas E. Claugus가 수익� 보유자로� 보통� 31,899,020주를 보유하고 있으� 이는 발행주식� 8.08%� 해당한다� 공개했습니다. 신고� 지위는 공동 의결�공동 처분�� 보유하고 있음� 나타내며 단독 의결� 또는 단독 처분권은 없습니다.

해당 보유� Bay Resource Partners, Bay II Resource Partners � Bay Offshore� 포함� 운용 펀� � 계정� 일부 서브어드바이저 � 별도계정 고객� 대신하� 보고� 것입니다. � 비율은 Hudbay� SEDAR+� 게재� Management Discussion and Analysis� 따른 2025� 5� 8� 기준 발행주식� 395,002,063주를 사용하여 계산되었습니�.

Hudbay Minerals Inc. a révélé que GMT Capital Corp. et Thomas E. Claugus détiennent à titre bénéficiaire 31,899,020 actions ordinaires, soit 8.08% de la catégorie en circulation. La position déclarée indique pouvoir de vote partagé et pouvoir de disposition partagé et aucun pouvoir de vote ou de disposition exclusif.

Les avoirs sont déclarés au nom de fonds et de comptes gérés, notamment Bay Resource Partners, Bay II Resource Partners et Bay Offshore, ainsi que pour certains clients en sous‑conseil et comptes distincts. Le pourcentage a été calculé en utilisant 395,002,063 actions en circulation au 8 mai 2025, d'après le Management Discussion and Analysis de Hudbay sur SEDAR+.

Hudbay Minerals Inc. gab bekannt, dass GMT Capital Corp. und Thomas E. Claugus wirtschaftlich berechtigt sind, 31,899,020 Stammaktien zu halten, was 8.08% der ausstehenden Klasse entspricht. Die gemeldete Stellung weist gemeinsames Stimmrecht und gemeinsame Verfügungsmacht aus und keine alleinige Stimm- oder Verfügungsmacht.

Die Bestände werden im Namen verwalteter Fonds und Konten gemeldet, darunter Bay Resource Partners, Bay II Resource Partners und Bay Offshore, sowie für bestimmte Sub‑Advisory� und Separate‑Account‑Kunden. Der Prozentsatz wurde auf Basis von 395,002,063 ausstehenden Aktien zum 8. Mai 2025 berechnet, laut dem Management Discussion and Analysis von Hudbay auf SEDAR+.

Positive
  • 31,899,020 shares beneficially owned is explicitly disclosed, providing transparency on a material 8.08% stake
  • Holdings are identified as held on behalf of specific managed funds and accounts, clarifying the beneficial owners
  • Filing states shared voting and shared dispositive power with 0 sole voting/dispositive power, clarifying control structure
Negative
  • None.

Insights

TL;DR: A material passive stake of 8.08% disclosed by an investment adviser, notable by size but presented as shared control, not sole ownership.

GMT Capital and its control person report a beneficial holding of 31,899,020 shares, representing 8.08% of Hudbay's common stock on the stated outstanding share base. The filing clarifies that voting and dispositive powers are shared, with no sole voting or dispositive power claimed. For investors, the size of the position is material by regulatory standards but the filing includes a certification that the securities are held in the ordinary course of business and not to effect control.

TL;DR: An 8.08% position controlled through shared authority with a named control person directing voting and disposition for the managed accounts.

The filing identifies GMT Capital as an investment adviser and Thomas E. Claugus as the control person who directs voting and disposition for the managed funds and accounts. The disclosure lists the managed funds by name and states that the ownership is reported on their behalf. The certification in the filing states the position is not held to change or influence control, which is a key compliance assertion accompanying the material ownership disclosure.

Hudbay Minerals Inc. ha comunicato che GMT Capital Corp. e Thomas E. Claugus detengono beneficiariamente 31,899,020 azioni ordinarie, pari a 8.08% delle azioni in circolazione di tale classe. La posizione dichiarata indica potere di voto condiviso e potere di disposizione condiviso e nessun potere di voto o di disposizione esclusivo.

Le partecipazioni sono riportate per conto di fondi e conti gestiti, inclusi Bay Resource Partners, Bay II Resource Partners e Bay Offshore, nonché per alcuni clienti in sub-advisory e conti separati. La percentuale è stata calcolata utilizzando 395,002,063 azioni in circolazione al 8 maggio 2025, secondo il Management Discussion and Analysis di Hudbay su SEDAR+.

Hudbay Minerals Inc. reveló que GMT Capital Corp. y Thomas E. Claugus poseen beneficiariamente 31,899,020 acciones ordinarias, equivalentes a 8.08% de la clase en circulación. La posición declarada muestra voto compartido y poder dispositvo compartido y ningún poder de voto o dispositvo exclusivo.

Las participaciones se informan en nombre de fondos y cuentas gestionadas, incluidos Bay Resource Partners, Bay II Resource Partners y Bay Offshore, así como de ciertos clientes subasesores y de cuentas separadas. El porcentaje se calculó usando 395,002,063 acciones en circulación al 8 de mayo de 2025, según el Management Discussion and Analysis de Hudbay en SEDAR+.

Hudbay Minerals Inc.� GMT Capital Corp.와 Thomas E. Claugus가 수익� 보유자로� 보통� 31,899,020주를 보유하고 있으� 이는 발행주식� 8.08%� 해당한다� 공개했습니다. 신고� 지위는 공동 의결�공동 처분�� 보유하고 있음� 나타내며 단독 의결� 또는 단독 처분권은 없습니다.

해당 보유� Bay Resource Partners, Bay II Resource Partners � Bay Offshore� 포함� 운용 펀� � 계정� 일부 서브어드바이저 � 별도계정 고객� 대신하� 보고� 것입니다. � 비율은 Hudbay� SEDAR+� 게재� Management Discussion and Analysis� 따른 2025� 5� 8� 기준 발행주식� 395,002,063주를 사용하여 계산되었습니�.

Hudbay Minerals Inc. a révélé que GMT Capital Corp. et Thomas E. Claugus détiennent à titre bénéficiaire 31,899,020 actions ordinaires, soit 8.08% de la catégorie en circulation. La position déclarée indique pouvoir de vote partagé et pouvoir de disposition partagé et aucun pouvoir de vote ou de disposition exclusif.

Les avoirs sont déclarés au nom de fonds et de comptes gérés, notamment Bay Resource Partners, Bay II Resource Partners et Bay Offshore, ainsi que pour certains clients en sous‑conseil et comptes distincts. Le pourcentage a été calculé en utilisant 395,002,063 actions en circulation au 8 mai 2025, d'après le Management Discussion and Analysis de Hudbay sur SEDAR+.

Hudbay Minerals Inc. gab bekannt, dass GMT Capital Corp. und Thomas E. Claugus wirtschaftlich berechtigt sind, 31,899,020 Stammaktien zu halten, was 8.08% der ausstehenden Klasse entspricht. Die gemeldete Stellung weist gemeinsames Stimmrecht und gemeinsame Verfügungsmacht aus und keine alleinige Stimm- oder Verfügungsmacht.

Die Bestände werden im Namen verwalteter Fonds und Konten gemeldet, darunter Bay Resource Partners, Bay II Resource Partners und Bay Offshore, sowie für bestimmte Sub‑Advisory� und Separate‑Account‑Kunden. Der Prozentsatz wurde auf Basis von 395,002,063 ausstehenden Aktien zum 8. Mai 2025 berechnet, laut dem Management Discussion and Analysis von Hudbay auf SEDAR+.






Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G




Comment for Type of Reporting Person: Calculated based on the 395,002,063 shares of common stock of the Issuer (the "Common Stock") outstanding as of May 8, 2025, as reported in the Management Discussion and Analysis filed on SEDAR+ on May 12, 2025.


SCHEDULE 13G




Comment for Type of Reporting Person: Calculated based on the 395,002,063 shares of common stock of the Issuer (the "Common Stock") outstanding as of May 8, 2025, as reported in the Management Discussion and Analysis filed on SEDAR+ on May 12, 2025.


SCHEDULE 13G



GMT Capital Corp.
Signature:/s/ Omar Z. Idilby
Name/Title:Omar Z. Idilby, General Counsel and CCO
Date:08/14/2025
Thomas E. Claugus
Signature:/s/ Thomas E. Claugus
Name/Title:Thomas E. Claugus, Omar Z. Idilby, attorney in fact*
Date:08/14/2025

Comments accompanying signature: * Omar Z. Idilby is signing on behalf of Thomas E. Claugus as attorney-in-fact pursuant to a power of attorney previously filed with the Securities and Exchange Commission, and hereby incorporated by reference herein. The power of attorney was filed as an attachment to a filing by GMT Capital Corp. on Schedule 13G for Hudbay Minerals Inc. on 2/12/24.

FAQ

How many Hudbay (HBM) shares does GMT Capital report owning?

GMT Capital and Thomas E. Claugus report beneficial ownership of 31,899,020 shares of Hudbay common stock.

What percentage of Hudbay (HBM) does the reported stake represent?

The reported holding represents 8.08% of Hudbay's outstanding common stock based on the stated share count.

Does GMT Capital claim sole voting or dispositive power over these shares?

No. The filing reports 0 shares with sole voting or dispositive power and 31,899,020 shares with shared voting and dispositive power.

On behalf of which funds or accounts is this ownership reported?

The ownership is reported on behalf of the Managed Funds and Accounts, including Bay Resource Partners, Bay II Resource Partners and Bay Resource Partners Offshore Master Fund, plus certain sub-advisory and separate account clients.

What outstanding share count was used to calculate the percentage?

The percentage was calculated using 395,002,063 shares outstanding as of May 8, 2025, per Hudbay's Management Discussion and Analysis filed on SEDAR+.
Hudbay Minerals

NYSE:HBM

HBM Rankings

HBM Latest News

HBM Latest SEC Filings

HBM Stock Data

4.48B
394.24M
0.08%
76.18%
1.11%
Copper
Basic Materials
Canada
Toronto