BANK OF MONTREAL /CAN/

Bank

CIK

927971

City

TORONTO

State / Country

Stock

HBM — Hudbay Minerals Inc.

Top Portfolio Positions

2,024 positions · $222,728,391,065 total · as of Mar 31, 2026

Ticker	Company	Shares	Value (USD)	% of Portfolio
NVDA	Nvidia Corp Technology	75,036,582	$13,086,379,897	5.88%
RY	Royal Bank Of Canada Financial Services	63,188,799	$10,222,683,897	4.59%
SPY	Spdr S&P 500 ETF Trust	12,656,607	$8,231,097,791	3.70%
TD	Toronto Dominion Bank Financial Services	77,214,064	$7,204,844,308	3.23%
AAPL	Apple Inc. Technology	28,151,961	$7,144,686,178	3.21%
MSFT	Microsoft Corp Technology	16,775,836	$6,209,911,208	2.79%
AMZN	Amazon Com Inc Consumer Cyclical	29,619,896	$6,168,935,735	2.77%
GOOGL	Alphabet Inc. Communication Services	20,185,967	$5,804,676,666	2.61%
META	Meta Platforms, Inc. Communication Services	7,317,960	$4,186,824,449	1.88%
BNS	Bank Of Nova Scotia Financial Services	56,674,406	$3,928,103,076	1.76%

Portfolio Trend

25 quarters · across all stocks

Holdings in HBM

Compact Export CSV

Shares Held

Position Value (USD)

43 quarters on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-03-31	$21,869,760	1,046,400	-87.0%	Call	Defined	2026-05-13
2026-03-31	$168,709,708	8,072,235	+13.1%	Shares	Defined	2026-05-13
2025-12-31	$141,620,080	7,134,513	+2275.0%	Shares	Defined	2026-02-12
2025-12-31	$5,962,940	300,400	-95.2%	Call	Defined	2026-02-12
2025-09-30	$95,373,741	6,291,144	+1079.2%	Shares	Defined	2025-11-13
2025-09-30	$8,087,860	533,500	-86.8%	Call	Defined	2025-11-13
2025-06-30	$42,909,735	4,044,273	+386.8%	Shares	Defined	2025-08-05
2025-03-31	$6,305,772	830,800	-85.2%	Call	Defined	2025-05-13
2025-03-31	$42,724,002	5,628,986	+1025.8%	Shares	Defined	2025-05-13
2025-03-31	$3,795,000	500,000	-93.8%	Put	Defined	2025-05-13
2024-12-31	$65,332,792	8,065,777	+4.9%	Shares	Defined	2025-02-13
2024-09-30	$70,685,058	7,691,519	+10582.7%	Shares	Defined	2024-11-13
2024-06-30	$651,600	72,000	-95.0%	Put	Defined	2024-08-14
2024-06-30	$13,104,400	1,448,000	-70.3%	Call	Defined	2024-08-14
2024-06-30	$44,105,427	4,873,528	+55.9%	Shares	Defined	2024-08-14
2024-03-31	$21,889,063	3,127,009	-2.9%	Shares	Defined	2024-05-13
2023-12-31	$17,784,002	3,221,740	-1.3%	Shares	Defined	2024-02-08
2023-09-30	$15,894,533	3,263,765	+12.1%	Shares	Defined	2023-11-01
2023-06-30	$13,969,285	2,910,268	+63.5%	Shares	Defined	2023-08-02
2023-03-31	$9,345,744	1,780,142	+7.2%	Shares	Defined	2024-06-13
2022-12-31	$8,416,482	1,660,056	-4.5%	Shares	Defined	2023-02-01
2022-09-30	$7,007,974	1,738,952	+222.0%	Shares	Defined	2022-11-10
2022-09-30	$2,176,200	540,000	-68.4%	Call	Defined	2022-11-10
2022-06-30	$6,983,037	1,711,529	+1041.0%	Shares	Defined	2022-08-11
2022-06-30	$612,000	150,000	-72.2%	Put	Defined	2022-08-11
2022-06-30	$2,203,200	540,000	-65.9%	Call	Defined	2022-08-11
2022-03-31	$12,424,178	1,582,698	+13.0%	Shares	Defined	2022-05-12
2021-12-31	$10,157,052	1,400,973	-26.2%	Shares	Defined	2022-02-11
2021-09-30	$11,821,798	1,897,560	+96.2%	Shares	Defined	2021-11-12
2021-06-30	$6,442,884	967,400	+39.2%	Call	Defined	2021-08-12
2021-06-30	$4,628,034	694,900	-67.8%	Put	Defined	2021-08-12
2021-06-30	$14,370,533	2,157,738	+4215.5%	Shares	Defined	2021-08-12
2021-03-31	$343,500	50,000	-97.3%	Put	Defined	2021-05-13
2021-03-31	$12,825,897	1,866,943	+208.6%	Shares	Defined	2021-05-13
2021-03-31	$4,156,350	605,000	-56.1%	Call	Defined	2021-05-13
2020-12-31	$9,636,809	1,376,687	+205.9%	Shares	Defined	2021-02-12
2020-12-31	$3,150,700	450,100	0.0%	Call	Defined	2021-02-12
2020-09-30	$1,903,923	450,100	-60.5%	Call	Defined	2020-11-12
2020-09-30	$4,823,777	1,140,373	+153.4%	Shares	Defined	2020-11-12
2020-06-30	$1,363,803	450,100	-49.7%	Call	Defined	2020-08-12
2020-06-30	$2,713,706	895,613	+13.7%	Shares	Defined	2020-08-12
2020-03-31	$1,496,724	787,750	+75.0%	Shares	Defined	2020-05-13
2020-03-31	$855,190	450,100	—	Call	Defined	2020-05-13
No 13F history on record for this holder in this stock.