First Trust Advisors LP Boosts Hecla Mining Stake

Institutional investor increases position in basic materials company by 374.2% in Q3

Mar. 13, 2026 at 7:54am

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First Trust Advisors LP significantly increased its stake in Hecla Mining Company (NYSE:HL) during the third quarter, according to a recent SEC filing. The institutional investor now owns 3,277,748 shares of the basic materials company, representing a 374.2% increase from the previous quarter.

Why it matters

Hecla Mining is a major player in the precious metals mining industry, with operations in North America and Latin America. The substantial increase in First Trust Advisors' position suggests the firm sees strong growth potential in the company, which could signal positive momentum for Hecla Mining's stock.

The details

According to the filing, First Trust Advisors now owns 0.49% of Hecla Mining, up from 0.10% in the prior quarter. The firm added 2,586,464 shares to its position, bringing the total value of its stake to $39,661,000. Other notable institutional investors in Hecla Mining include Ninety One UK Ltd and Yousif Capital Management LLC.

  • First Trust Advisors LP increased its Hecla Mining stake in the 3rd quarter of 2026.

The players

First Trust Advisors LP

An institutional investment firm that significantly increased its stake in Hecla Mining Company during the third quarter.

Hecla Mining Company

A diversified mining enterprise focused on the exploration, development and production of silver and gold, with by-product credits from lead and zinc.

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The takeaway

The substantial increase in First Trust Advisors' position in Hecla Mining suggests the firm sees strong growth potential in the company, which could signal positive momentum for Hecla Mining's stock going forward.