Ray Dalio's HBM Position Overview
Ray Dalio (via Bridgewater Associates, Lp) currently holds 144,349 shares of Hudbay Minerals Inc. (HBM) worth $2.87 M, representing 0.01% of the portfolio. First purchased in 2020-Q4, this medium-term investment has been held for 16 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 2025 | -13,864 | Reduce 8.76% | 144,349 | $19.88 |
| Q3 2025 | -6,191 | Reduce 3.77% | 158,213 | $15.15 |
| Q2 2025 | -466,391 | Reduce 73.94% | 164,404 | $10.59 |
| Q1 2025 | -457,767 | Reduce 42.05% | 630,795 | $7.58 |
| Q4 2024 | +323,574 | Add 42.30% | 1.09 M | $8.11 |
| Q3 2024 | +423,748 | Add 124.18% | 764,988 | $9.21 |
| Q2 2024 | -602,205 | Reduce 63.83% | 341,240 | $9.05 |
| Q1 2024 | +573,799 | Add 155.23% | 943,445 | $7.01 |
| Q4 2023 | -247,785 | Reduce 40.13% | 369,646 | $5.53 |
| Q3 2023 | +617,431 | New Buy | 617,431 | $4.89 |
| Q2 2022 | -65,967 | Sold Out | 0 | $0.00 |
| Q1 2022 | +34,044 | Add 106.64% | 65,967 | $7.87 |
| Q4 2021 | +3,645 | Add 12.89% | 31,923 | $7.24 |
| Q3 2021 | +28,278 | New Buy | 28,278 | $6.22 |
| Q1 2021 | -36,422 | Sold Out | 0 | $0.00 |
| Q4 2020 | +36,422 | New Buy | 36,422 | $7.00 |
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 16 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 Q4 2025, Ray Dalio's firm, Bridgewater Associates, Lp, owns 144,349 shares of Hudbay Minerals Inc. (HBM), valued at approximately $2.87 M.
As of the Q4 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.