L1 Long Short Fund’s Q2 2025 investor letter reveals a 12.2% return, beating the ASX200 Accumulation Index. Their disciplined approach led to a 21.0% annual return over five years. Top holdings include HudBay Minerals Inc. (NYSE:HBM), which saw a 60.49% share value increase in the past year, closing at $14.21 on September 22, 2025.

HudBay Minerals Inc. (NYSE:HBM) rallied 32% in Q1 2025 due to rising copper and gold prices. The company surpassed Q2 2025 earnings expectations with an EPS of $0.19. 40 hedge funds held positions in HudBay Minerals Inc. (NYSE:HBM) at the end of Q2 2025, up from 34 in the previous quarter.

RBC Capital’s views on HudBay Minerals Inc. (NYSE:HBM) highlight the company’s partnership with Mitsubishi Corporation. While HBM shows investment potential, some AI stocks may offer greater upside with less downside risk. For more investor letters and insights, visit the hedge fund investor letters Q2 2025 page on Insider Monkey.

Read more at Yahoo Finance: Is HudBay Minerals (HBM) a Great Investment Pick?