HudBay Minerals

Barometer Expands Global Equity Stakes Across Firms

Barometer Capital Management Inc. boosted stakes in five companies in Q1: Rio Tinto (RIO) with 21,600 shares (~$2.0 million), SPDR S&P Oil & Gas Equipment & Services ETF (XES) with 5,100 shares (~$593,000), Korea Electric Power Corporation (KEP) with 71,600 shares (~$1.02 million), POSCO (PKX) with 23,800 shares (~$1.39 million), and HudBay Minerals (HBM) with 33,750 shares (~$705,000). These moves reflect broader hedge-fund activity as other institutions also adjusted positions across these equities, signaling a reshaping of portfolios among energy, utilities, and mining names.