Energy-focused hedge fund SIR Capital Management exited its stake in Hudbay Minerals during the second quarter of 2026, according to its latest 13F filing. The firm sold all 644,520 of its shares in the diversified mining company. The position was previously valued at approximately $13.47 million and represented about 1.26% of SIR Capital's reported portfolio.

This ownership change was disclosed in a quarterly report filed on August 14, which reflects the firm's holdings as of June 30, 2026. Because 13F filings are delayed, the trades occurred at an unknown date in the second quarter. During that period, Hudbay reported mixed Q2 results, beating earnings estimates but missing on revenue.