Hecla Mining

HL • NYSE

Hecla Mining is a gold company in the basic materials sector on NYSE, led by Robert Krcmarov, with a market cap of $12.6B. As of Q3 2025, 76% of shares are held by 437 institutional investors, with BlackRock, Inc. as the largest holder at 14.71%.

President and Chief Executive OfficerRobert Krcmarov

Market Cap$12.6B

Gold

Basic Materials

Employees1.8K

Websitehecla.com

Country

United States of America

Overview

Overview of institutional ownership in HL as of Q3 2025 with a market cap of $8.1B

All Institutions

Institutions: 437
Value Held: $6.2B
Shares Held: 509.0M
Avg Position: $14.1M
Median Position: $407.9K

Hedge Funds

Hedge Funds: 40
Value Held: $263.6M
Shares Held: 21.8M
Avg Position: $6.6M
Median Position: $1.3M

Ownership Breakdown

Institutional (non-HF)

72.72%

$5.9B

Hedge Funds

3.25%

$263.6M

Retail & Other

24.03%

$1.9B

Based on market cap of $8.1B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in HL as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$1.2B 0.02% of portfolio	14.71% 98.6M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$863.3M 0.01% of portfolio	10.65% 71.3M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
VAN ECK ASSOCIATES CORP ETF Provider	Jan Frederick Vaneck CEO	$603.6M 0.62% of portfolio	7.45% 49.9M shares	≤ Q2 2013 Held for 12y 5m+	$96.6B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$417.3M 0.01% of portfolio	5.15% 34.5M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
Toroso Investments, LLC ETF Provider	Guillermo Trias CEO	$339.8M 1.46% of portfolio	4.19% 28.1M shares	Q1 2024 Held for 1y 8m	$23.2B
M MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Institution	-	$284.7M 0.46% of portfolio	3.51% 23.5M shares	Q2 2024 Held for 1y 5m	$61.8B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$280.7M 0.06% of portfolio	3.46% 23.2M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$179.7M 0.01% of portfolio	2.22% 14.8M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$165.8M 0.02% of portfolio	2.05% 13.7M shares	≤ Q2 2013 Held for 12y 5m+	$691.34B
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$92.6M 0.01% of portfolio	1.14% 7.7M shares	≤ Q2 2013 Held for 12y 5m+	$620.51B

Net Capital Flow

Institutional buying and selling activity for HL in Q3 2025

Traded: +$1.2B
Buyers: 277
Sellers: 156
Total Bought: +$1.7B
Total Sold: −$528.7M
Avg Position: $12.5M

Biggest Buyers

Institution	Net Bought	Current Position
B BlackRock, Inc. Institution	+$544.1M +45.0M shares	$1.2B 98.6M shares
VAN ECK ASSOCIATES CORP ETF Provider	+$147.6M +12.2M shares	$603.6M 49.9M shares
GOLDMAN SACHS GROUP INC Institution	+$118.7M +9.8M shares	$165.8M 13.7M shares
VANGUARD GROUP INC Institution	+$102.3M +8.5M shares	$863.3M 71.3M shares
Toroso Investments, LLC ETF Provider	+$96.4M +8.0M shares	$339.8M 28.1M shares
M MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Institution	+$78.3M +6.5M shares	$284.7M 23.5M shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	+$70.2M +5.8M shares	$82.4M 6.8M shares
STATE STREET CORP Institution	+$53.9M +4.5M shares	$417.3M 34.5M shares
PRINCIPAL FINANCIAL GROUP INC Institution	+$38.1M +3.1M shares	$38.6M 3.2M shares
FIRST TRUST ADVISORS LP ETF Provider	+$31.3M +2.6M shares	$39.7M 3.3M shares

Biggest Sellers

Institution	Net Sold	Current Position
D D. E. Shaw & Co., Inc. Institution	−$78.4M −6.5M shares	$37.9M 3.1M shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	−$73.9M −6.1M shares	$280.7M 23.2M shares
P Pale Fire Capital SE Institution	−$44.6M −7.4M shares	Sold Off 0 shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$43.6M −3.6M shares	$46.6M 3.9M shares
M Man Group plc Institution	−$35.7M −2.9M shares	$6.6M 543.6K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$26.7M −2.2M shares	$28.6M 2.4M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$16.4M −2.7M shares	Sold Off 0 shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$14.6M −2.4M shares	Sold Off 0 shares
S SPROTT INC. Institution	−$12.3M −1.0M shares	$7.9M 653.9K shares
FRONTIER CAPITAL MANAGEMENT CO LLC Long Only Manager	−$12.2M −2.0M shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited HL in Q3 2025

New Positions: 65
New Value: $80.5M
Exited Positions: 56
Exited Value: $129.2M

New Positions

Institution	Position Value
A Artemis Investment Management LLP Institution	$29.1M 2.4M shares
EAM Investors, LLC Long Only Manager	$5.8M 484.3K shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	$5.1M 419.8K shares
N NEW YORK STATE TEACHERS RETIREMENT SYSTEM Institution	$4.9M 401.6K shares
S State of Alaska, Department of Revenue Institution	$4.3M 359.2K shares
L Louisiana State Employees Retirement System Institution	$3.7M 303.9K shares
YOUSIF CAPITAL MANAGEMENT, LLC Long Only Manager	$2.5M 205.2K shares
CBOE Vest Financial, LLC ETF Provider	$2.0M 167.8K shares
Decker Retirement Planning Inc. RIA/Wealth	$2.0M 166.8K shares
O OREGON PUBLIC EMPLOYEES RETIREMENT FUND Institution	$1.8M 149.0K shares

Exited Positions

Institution	Previous Position
P Pale Fire Capital SE Institution	$44.6M 7.4M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$16.4M 2.7M shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$14.6M 2.4M shares
FRONTIER CAPITAL MANAGEMENT CO LLC Long Only Manager	$12.2M 2.0M shares
S Squarepoint Ops LLC Hedge Fund•Quant	$10.5M 1.8M shares
C Condire Management, LP Hedge Fund•Long/Short	$6.0M 1.0M shares
Q Qube Research & Technologies Ltd Institution	$6.0M 999.3K shares
N Neo Ivy Capital Management Hedge Fund•Quant	$1.9M 321.4K shares
S SIMPLEX TRADING, LLC Institution	$1.9M 319.9K shares
Holocene Advisors, LP Hedge Fund•Long/Short	$1.9M 315.2K shares

Options Activity

Institutions with the largest Call and Put options positions in HL as of Q3 2025

Call Positions: 18
Call Value: $119.0M
Put Positions: 10
Put Value: $74.5M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$59.3M 49.0K contracts
W WOLVERINE TRADING, LLC Institution	$24.4M 20.5K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$11.9M 9.8K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$6.3M 5.2K contracts
J JANE STREET GROUP, LLC Institution	$6.2M 5.1K contracts
CITIGROUP INC Institution	$3.6M 3.0K contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$2.2M 1.8K contracts
Verition Fund Management LLC Hedge Fund•Multi-Strategy	$1.7M 1.4K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$798.6K 660.0 contracts
Walleye Trading LLC RIA/Wealth	$676.4K 559.0 contracts

Put Positions

Institution	Position Value
J JANE STREET GROUP, LLC Institution	$33.3M 27.5K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$15.7M 13.0K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$8.5M 7.0K contracts
W WOLVERINE TRADING, LLC Institution	$4.7M 4.0K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$4.2M 3.5K contracts
Verition Fund Management LLC Hedge Fund•Multi-Strategy	$3.0M 2.5K contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$2.0M 1.7K contracts
Walleye Trading LLC RIA/Wealth	$1.2M 951.0 contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$939.0K 776.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$924.4K 764.0 contracts

Most Committed Institutions

Institutions with HL as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
L Lesa Sroufe & Co RIA/Wealth	Lesa Anne Sroufe President	5.66% $5.7M	0.07% 472.5K shares	Q1 2025 Held for 8 months	$100.9M
O Oppenheimer & Close, LLC Institution	-	5.27% $7.9M	0.10% 653.7K shares	Q2 2019 Held for 6y 5m	$150.2M
Steadtrust LLC RIA/Wealth	Thomas David Kowalczyk CEO	4.34% $6.4M	0.08% 529.1K shares	Q2 2025 Held for 5 months	$147.7M
Parvin Asset Management, LLC RIA/Wealth	James Steven Smith CIO	2.55% $2.9M	0.04% 238.6K shares	Q4 2024 Held for 11 months	$113.0M
T Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. Institution	-	1.97% $798.6K	0.01% 66.0K shares	Q1 2024 Held for 1y 8m	$40.5M
Toroso Investments, LLC ETF Provider	Guillermo Trias CEO	1.46% $339.8M	4.19% 28.1M shares	Q1 2024 Held for 1y 8m	$23.2B
ABBINGTON INVESTMENT GROUP RIA/Wealth	Grace Yuan Mei Toh Founder	1.43% $1.7M	0.02% 138.4K shares	Q3 2025 Held for 2 months	$116.8M
Decker Retirement Planning Inc. RIA/Wealth	Brian James Decker President	1.12% $2.0M	0.02% 166.8K shares	Q3 2025 Held for 2 months	$180.7M
Phocas Financial Corp. Long Only Manager	William Franz Kim Schaff CEO	0.98% $7.6M	0.09% 625.3K shares	Q3 2025 Held for 2 months	$771.4M
U U S GLOBAL INVESTORS INC Institution	Frank Edward Holmes CEO	0.82% $7.3M	0.09% 600.0K shares	Q2 2024 Held for 1y 5m	$883.9M

Hedge Fund Spotlight

Discover hedge funds investing in HL

CenterBook Partners LP

Hedge Fund • Market Neutral

Portfolio ManagerDavid Israel Stemerman

Portfolio Value: $2.0B
Positions: 545
Last Reported: Q3 2025

Sector Allocation

Position in Hecla Mining

Market Value: $3.5M
Shares Held: 288.7K
Portfolio Weight: 0.17%
Owned Since: 2025-Q1

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