Ray Dalio's HBM Position Overview
Ray Dalio (via Bridgewater Associates, Lp) currently holds 158,213 shares of Hudbay Minerals Inc. (HBM) worth $2.4 M, representing 0.01% of the portfolio. First purchased in 2020-Q4, this medium-term investment has been held for 15 quarters.
Based on 13F filings, Ray Dalio has maintained a strategic position in HBM, demonstrating sustained confidence in this investment. Largest addition occurred in Q3 2023, adding 617,431 shares. Largest reduction occurred in Q2 2024, reducing 602,205 shares.
Analysis based on 13F filings available since 2013 Q2
Ray Dalio's Hudbay Minerals (HBM) Holding Value Over Time
Track share changes against reported price movement
Quarterly Hudbay Minerals (HBM) Trades by Ray Dalio
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2020 | +36,422 | New Buy | 36,422 | $7.00 |
| Q1 2021 | -36,422 | Sold Out | 0 | $0.00 |
| Q3 2021 | +28,278 | New Buy | 28,278 | $6.22 |
| Q4 2021 | +3,645 | Add 12.89% | 31,923 | $7.24 |
| Q1 2022 | +34,044 | Add 106.64% | 65,967 | $7.87 |
| Q2 2022 | -65,967 | Sold Out | 0 | $0.00 |
| Q3 2023 | +617,431 | New Buy | 617,431 | $4.89 |
| Q4 2023 | -247,785 | Reduce 40.13% | 369,646 | $5.53 |
| Q1 2024 | +573,799 | Add 155.23% | 943,445 | $7.01 |
| Q2 2024 | -602,205 | Reduce 63.83% | 341,240 | $9.05 |
| Q3 2024 | +423,748 | Add 124.18% | 764,988 | $9.21 |
| Q4 2024 | +323,574 | Add 42.30% | 1.09 M | $8.11 |
| Q1 2025 | -457,767 | Reduce 42.05% | 630,795 | $7.58 |
| Q2 2025 | -466,391 | Reduce 73.94% | 164,404 | $10.59 |
| Q3 2025 | -6,191 | Reduce 3.77% | 158,213 | $15.15 |
Ray Dalio's Hudbay Minerals Investment FAQs
Ray Dalio first purchased Hudbay Minerals Inc. (HBM) in Q4 2020, acquiring 36,422 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Ray Dalio has held Hudbay Minerals Inc. (HBM) for 15 quarters since Q4 2020.
Ray Dalio's largest addition to Hudbay Minerals Inc. (HBM) was in Q3 2023, adding 617,431 shares worth $3.02 M.
According to the latest 13F filing for Q3 2025, Ray Dalio's firm, Bridgewater Associates, Lp, owns 158,213 shares of Hudbay Minerals Inc. (HBM), valued at approximately $2.4 M.
As of the Q3 2025 filing, Hudbay Minerals Inc. (HBM) represents approximately 0.01% of Ray Dalio's publicly disclosed stock portfolio, making it one of their key holdings.
Ray Dalio's peak holding in Hudbay Minerals Inc. (HBM) was 1,088,562 shares, as reported at the end of Q4 2024.