Hudbay Minerals Inc. bonds HBM
Who owns Hudbay Minerals Inc.'s debt and what their own filings say it is worth. Bond prices and yields are fund-reported marks (SEC Form N-PORT) as of Jul 2026; they lag the market by about two months. HBM stock page.
Every bond funds hold
Each bond's latest fund-reported mark. Price per 100 of face value; yield to maturity from price, coupon and maturity; spread over the matched-maturity Treasury for US-dollar bonds.
| Bond | Coupon | Maturity | Ccy | Price | Yield | Spread | Funds | Held | As of |
|---|---|---|---|---|---|---|---|---|---|
| 443628AH5 | 6.125% fixed | 2029-04-01 | USD | 100.46 | 5.93% | 168 bp | 23 | $82.0M | Jul 2026 |
| C4R803AG1 | 6.13% fixed | 2029-04-01 | USD | 100.37 | 5.97% | 173 bp | 6 | $2.4M | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
Price history
Median fund-marked price across the bonds, per 100 of face value.
By month
Funds file on staggered quarter-ends, so each month-end is marked by the funds that reported for it; the amount held moves with which funds filed, not only with buying and selling.
| Month-end | Bonds | Held | Median price | USD yield | USD spread | Most funds on one bond |
|---|---|---|---|---|---|---|
| Jul 2026 | 2 | $84.4M | 100.42 | 5.95% | 171 bp | 23 |
| Jun 2026 | 2 | $22.6M | 100.49 | 5.93% | 179 bp | 31 |
| May 2026 | 2 | $112.2M | 100.72 | 5.84% | 181 bp | 27 |
| Apr 2026 | 2 | $80.1M | 100.43 | 5.96% | 214 bp | 28 |
| Mar 2026 | 4 | $48.6M | 99.94 | 6.17% | 244 bp | 30 |
| Feb 2026 | 4 | $226.3M | 100.39 | 5.85% | 232 bp | 29 |
| Jan 2026 | 4 | $141.9M | 100.53 | 5.75% | 213 bp | 27 |
| Dec 2025 | 4 | $47.0M | 100.75 | 5.66% | 209 bp | 29 |
| Nov 2025 | 4 | $210.7M | 100.79 | 5.67% | 209 bp | 30 |
| Oct 2025 | 4 | $135.0M | 100.44 | 5.74% | 219 bp | 27 |
| Sep 2025 | 4 | $68.6M | 100.28 | 5.86% | 228 bp | 30 |
| Aug 2025 | 4 | $179.4M | 100.21 | 5.81% | 211 bp | 30 |
| Jul 2025 | 4 | $135.7M | 99.92 | 5.95% | 207 bp | 26 |
Who holds the debt
Fund series in their latest quarterly N-PORT report, largest first, with the change in face value against each fund's own previous report. Names as reported in the filings. 16 added, 28 cut, 5 new holders and 32 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| PGIM High Yield Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $52.8M | $53.1M | -$61.7M |
| VANGUARD HIGH-YIELD CORPORATE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $30.2M | $30.3M | $0 |
| Lord Abbett Short Duration High Yield Fund LORD ABBETT TRUST I | 2026-07-31 | $15.1M | $15.2M | $4.8M |
| T. Rowe Price High Yield Fund, Inc. T. ROWE PRICE HIGH YIELD FUND, INC. | 2026-05-31 | $14.0M | $14.1M | -$475K |
| PGIM Short Duration High Yield Income Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $12.2M | $12.3M | -$40.0M |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $11.3M | $11.3M | $947K |
| Multi-Manager High Yield Bond Fund Goldman Sachs Trust II | 2026-07-31 | $5.8M | $5.8M | $1.1M |
| Columbia Strategic Income Fund COLUMBIA FUNDS SERIES TRUST I | 2026-05-31 | $5.1M | $5.1M | -$1.5M |
| Eaton Vance Income Fund of Boston Eaton Vance Series Trust II | 2026-07-31 | $4.0M | $4.1M | $0 |
| Fidelity High Income Central Fund Fidelity Central Investment Portfolios LLC | 2026-05-31 | $3.9M | $3.9M | $0 |
| Short Duration Bond Fund John Hancock Bond Trust | 2026-05-31 | $3.4M | $3.4M | new |
| T. Rowe Price Institutional High Yield Fund T. ROWE PRICE INSTITUTIONAL INCOME FUNDS, INC. | 2026-05-31 | $3.4M | $3.4M | $0 |
| PGIM Active High Yield Bond ETF PGIM ETF Trust | 2026-05-29 | $3.4M | $3.4M | -$3.4M |
| Virtus Income & Growth Fund Virtus Investment Trust | 2026-06-30 | $3.1M | $3.1M | -$1.6M |
| Western Asset Short Duration High Income Fund Legg Mason Partners Income Trust | 2026-07-31 | $2.7M | $2.7M | $0 |
| HIGH INCOME OPPORTUNITIES PORTFOLIO High Income Opportunities Portfolio | 2026-07-31 | $2.2M | $2.2M | $0 |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $2.2M | $2.2M | -$1.5M |
| Columbia Variable Portfolio - Income Opportunities Fund Columbia Funds Variable Series Trust II | 2026-06-30 | $2.0M | $2.1M | -$1.1M |
| Putnam High Yield Fund | 2026-05-31 | $2.0M | $2.0M | $0 |
| PSF PGIM High Yield Bond Portfolio Prudential Series Fund | 2026-06-30 | $1.9M | $1.9M | -$1.9M |
| Six Circles Credit Opportunities Fund SIX CIRCLES TRUST | 2026-06-30 | $1.9M | $1.9M | -$2.4M |
| Columbia High Yield Bond Fund Columbia Funds Series Trust II | 2026-05-31 | $1.7M | $1.7M | $0 |
| Strategic Advisers Income Opportunities Fund Fidelity Rutland Square Trust II | 2026-05-31 | $1.5M | $1.5M | -$760K |
| Columbia Income Opportunities Fund Columbia Funds Series Trust II | 2026-07-31 | $1.4M | $1.4M | -$1.4M |
| Fidelity Sustainable High Yield ETF Fidelity Covington Trust | 2026-05-31 | $1.3M | $1.4M | $345K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Fidelity Advisor Strategic Income Fund ($3.6M), RIVERPARK SHORT TERM HIGH YIELD FUND ($3.4M), Western Asset Management Strategic Bond Opportunities Portfolio ($2.0M), Xtrackers USD High Yield Corporate Bond ETF ($1.9M), Fidelity Total Bond Fund ($1.8M), Voya Global Income & Growth Fund ($1.1M), Fidelity Total Bond ETF ($1.1M), THRIVENT HIGH YIELD PORTFOLIO ($1.1M), Virtus Convertible & Income Fund ($1.1M), High Income Fund ($950K).
ETFs holding these bonds
From each ETF's own latest N-PORT report: the issuer's bonds as a share of the ETF's net assets. A holdings list, not a recommendation.
| ETF | Report | Bonds | Face value | Value | % of net assets |
|---|---|---|---|---|---|
| USHY iShares Broad USD High Yield Corporate Bond ETF | 2026-07-31 | 1 | $11.3M | $11.3M | 0.04% |
| PHYL PGIM Active High Yield Bond ETF | 2026-05-29 | 1 | $3.4M | $3.4M | 0.26% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 1 | $2.2M | $2.2M | 0.02% |
| FSYD Fidelity Sustainable High Yield ETF | 2026-05-31 | 1 | $1.3M | $1.4M | 1.08% |
| SIHY Harbor Ares Systematic High Yield ETF | 2026-07-31 | 1 | $1.1M | $1.1M | 0.72% |
| IBHI iShares iBonds 2029 Term High Yield and Income ETF | 2026-07-31 | 1 | $1.0M | $1.0M | 0.21% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 1 | $1.0M | $1.0M | 0.04% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 1 | $901K | $908K | 0.04% |
| GTO Invesco Total Return Bond ETF | 2026-07-31 | 1 | $806K | $812K | 0.03% |
| SYFI AB Short Duration High Yield ETF | 2026-05-31 | 1 | $686K | $692K | 0.08% |
| PSH PGIM Short Duration High Yield ETF | 2026-05-29 | 1 | $585K | $588K | 0.37% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 1 | $544K | $547K | 0.01% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 1 | $535K | $537K | 0.00% |
| VGHY VANGUARD HIGH-YIELD ACTIVE ETF | 2026-07-31 | 1 | $480K | $482K | 0.16% |
| VSDB VANGUARD SHORT DURATION BOND ETF | 2026-06-30 | 1 | $460K | $462K | 0.05% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 5.10: safer than 50% of companies (56th percentile in Basic Materials). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $10.63B |
| Debt barrier (short-term + ½ long-term debt) | $456.6M |
| Equity volatility (1 year) | 62.3% |
| Asset value / asset volatility (solved) | $11.07B / 59.9% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 171 bp spread prices in about 2.9% a year of default odds (spread ÷ (1 − 40% recovery)). Fund-reported marks as of Jul 2026; the spread also pays for liquidity and risk premium, so this overstates actual defaults.
Accounts: Altman Z
Altman Z'' = 3.75 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in HBM's stock and options. Options are reported at the value of the underlying shares, not the premium paid; 13F lists long positions only, lags 45 days after quarter-end, and does not show whether puts hedge a stock position.
| Quarter-end | Stock holders | Stock value | Put managers | Puts (underlying value) | Call managers | Calls (underlying value) | Convertible holders |
|---|---|---|---|---|---|---|---|
| 2026-09-30 filings still arriving | 23 | $125.3M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 310 | $7.65B | 12 | $37.3M | 13 | $150.9M | 0 |
| 2026-03-31 | 285 | $5.45B | 10 | $33.3M | 13 | $102.9M | 0 |
| 2025-12-31 | 266 | $5.56B | 8 | $7.7M | 12 | $49.5M | 0 |
| 2025-09-30 | 260 | $4.22B | 11 | $11.2M | 14 | $63.1M | 0 |
| 2025-06-30 | 236 | $3.05B | 8 | $3.6M | 10 | $12.4M | 0 |
Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.