Hecla Mining Company
US ˙ NYSE ˙ US4227041062

SecurityHL / Hecla Mining Company
InstitutionMorgan Stanley
Latest Disclosed Ownership4,593,261 shares
Latest Disclosed Value $ 85,572,483
Morgan Stanley reports 15.97% decrease in ownership of HL / Hecla Mining Company

On May 15, 2026 - Morgan Stanley filed a 13F-HR form disclosing ownership of 4,593,261 shares of Hecla Mining Company (US:HL) valued at $85,572,452 USD as of March 31, 2026. The entity filed a previous 13F-HR/A on May 27, 2026 disclosing 5,465,981 shares of Hecla Mining Company. This represents a change in shares of -15.97% during the quarter. The current value of the position is $77,304,583 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F HECLA MINING COM 422704106 4,593,261 -872,720 -15.97 85,572 -18.42 0.0052
2026-05-27 2025-12-31 13F/A-1 HECLA MNG COM 422704106 5,465,981 -879,073 -13.85 104,892 36.62 0.0063
2026-02-13 2025-12-31 13F HECLA MNG COM 422704106 5,465,981 -879,073 104,892 0.0063
2026-05-27 2025-09-30 13F/A-1 HECLA MNG COM 422704106 6,345,054 760,037 13.61 76,775 129.49 0.0046
2025-11-14 2025-09-30 13F HECLA MNG COM 422704106 6,345,054 760,037 76,775 0.0046
2025-08-15 2025-06-30 13F HECLA MNG COM 422704106 5,585,017 1,553,051 38.52 33,454 49.23 0.0022
2025-05-15 2025-03-31 13F HECLA MNG COM 422704106 4,031,966 -2,102,859 -34.28 22,418 -25.58 0.0016
2025-05-15 2024-12-31 13F/A-1 HECLA MNG COM 422704106 6,134,825 731,790 13.54 30,122 -16.42 0.0021
2025-02-14 2024-12-31 13F HECLA MNG COM 422704106 6,134,825 731,790 30,122 0.0021
2025-05-14 2024-09-30 13F/A-2 HECLA MNG COM 422704106 5,403,035 1,003,667 22.81 36,038 68.91 0.0026
2025-02-14 2024-09-30 13F/A-1 HECLA MNG COM 422704106 5,403,035 1,003,667 36,038 0.0026
2024-11-14 2024-09-30 13F HECLA MNG COM 422704106 5,403,035 1,003,667 36,038 0.0003
2025-05-14 2024-06-30 13F/A-2 HECLA MNG COM 422704106 4,399,368 -62,070 -1.39 21,337 -0.57 0.0017
2024-10-17 2024-06-30 13F/A-1 HECLA MNG COM 422704106 4,399,368 -62,070 21,337 0.0017
2024-08-14 2024-06-30 13F HECLA MNG COM 422704106 4,399,368 -62,070 21,337 0.0017
2024-10-17 2024-03-31 13F/A-2 HECLA MNG COM 422704106 4,461,438 1,014,364 29.43 21,460 29.43 0.0017
2024-08-16 2024-03-31 13F/A-1 HECLA MNG COM 422704106 4,461,438 1,014,364 21,460 0.0002
2024-05-15 2024-03-31 13F HECLA MNG COM 422704106 4,461,438 1,014,364 21,460 0.0017
2024-08-16 2023-12-31 13F/A-1 HECLA MNG COM 422704106 3,447,074 559,022 19.36 16,580 46.83 0.0015
2024-02-13 2023-12-31 13F HECLA MNG COM 422704106 3,447,074 559,022 16,580 0.0015
2023-11-15 2023-09-30 13F HECLA MNG COM 422704106 2,888,052 -695,632 -19.41 11,292 -38.81 0.0011
2023-08-14 2023-06-30 13F HECLA MNG COM 422704106 3,583,684 79,567 2.27 18,456 -16.80 0.0018
2023-05-15 2023-03-31 13F HECLA MNG COM 422704106 3,504,117 -7,376 -0.21 22,181 13.61 0.0024
2023-02-14 2022-12-31 13F HECLA MNG COM 422704106 3,511,493 890,446 33.97 19,524 89.01 0.0022
2022-11-14 2022-09-30 13F HECLA MNG COM 422704106 2,621,047 804,158 44.26 10,329 45.01 0.0014
2022-10-27 2022-06-30 13F/A-1 HECLA MNG COM 422704106 1,816,889 560,197 44.58 7,123 -13.72 0.0009
2022-08-15 2022-06-30 13F HECLA MNG COM 422704106 1,816,889 560,197 7,123 0.0009
2022-10-27 2022-03-31 13F/A-1 HECLA MNG COM 422704106 1,256,692 19,881 1.61 8,256 27.88 0.0011
2022-05-13 2022-03-31 13F HECLA MNG COM 422704106 1,256,692 19,881 8,256 0.0011
2022-02-14 2021-12-31 13F HECLA MNG COM 422704106 1,236,811 389,667 46.00 6,456 38.54 0.0008
2021-11-15 2021-09-30 13F HECLA MNG COM 422704106 847,144 -2,946,540 -77.67 4,660 -83.49 0.0006
2021-08-23 2021-06-30 13F/A-1 HECLA MNG COM 422704106 3,793,684 2,764,286 268.53 28,224 381.80 0.0037
2021-08-16 2021-06-30 13F HECLA MNG COM 422704106 3,793,684 2,764,286 28,224 0.0008
2021-05-17 2021-03-31 13F HECLA MNG COM 422704106 1,029,398 -182,617 -15.07 5,858 -25.40 0.0009
2021-02-16 2020-12-31 13F HECLA MNG COM 422704106 1,212,015 586,334 93.71 7,853 146.95 0.0012
2020-11-13 2020-09-30 13F HECLA MNG COM 422704106 625,681 121,709 24.15 3,180 92.84 0.0006
2020-08-14 2020-06-30 13F HECLA MNG COM 422704106 503,972 91,128 22.07 1,649 119.28 0.0004
2020-05-26 2020-03-31 13F/A-1 HECLA MNG COM 422704106 412,844 -6,996,770 -94.43 752 -97.01 0.0002
2020-05-15 2020-03-31 13F HECLA MNG COM 422704106 412,844 -6,996,770 752 57.7693
2020-02-14 2019-12-31 13F HECLA MNG COM 422704106 7,409,614 1,866,378 33.67 25,119 157.47 0.0058
2019-11-14 2019-09-30 13F HECLA MNG COM 422704106 5,543,236 -712,466 -11.39 9,756 -13.36 0.0026
2019-08-14 2019-06-30 13F HECLA MNG COM 422704106 6,255,702 1,129,826 22.04 11,260 -4.50 0.0030
2019-05-15 2019-03-31 13F HECLA MNG COM 422704106 5,125,876 2,382,196 86.82 11,790 82.11 0.0033
2019-02-14 2018-12-31 13F HECLA MNG COM 422704106 2,743,680 -1,066,446 -27.99 6,474 -39.10 0.0019
2019-04-23 2018-09-30 13F/A-2 HECLA MNG COM 422704106 3,810,126 2,008,268 111.46 10,631 69.55 0.0027
2018-11-20 2018-09-30 13F/A-1 HECLA MNG COM 422704106 3,810,126 0 10,631 0.0027
2018-11-14 2018-09-30 13F HECLA MNG COM 422704106 3,810,126 2,008,268 10,631
2019-04-23 2018-06-30 13F/A-1 HECLA MNG COM 422704106 1,801,858 -619,439 -25.58 6,270 -29.45 0.0017
2018-08-14 2018-06-30 13F HECLA MNG COM 422704106 1,801,858 -619,439 6,270
2019-04-23 2018-03-31 13F/A-1 HECLA MNG COM 422704106 2,421,297 -330,061 -12.00 8,887 -18.65 0.0025
2018-05-14 2018-03-31 13F HECLA MNG COM 422704106 2,421,297 -330,061 8,887
2019-04-23 2017-12-31 13F/A-1 HECLA MNG COM 422704106 2,751,358 573,969 26.36 10,924 -0.07 0.0030
2018-02-14 2017-12-31 13F HECLA MNG COM 422704106 2,751,358 573,969 10,924
2017-11-14 2017-09-30 13F HECLA MNG COM 422704106 2,177,389 612,154 39.11 10,932 36.94 0.0033
2017-08-11 2017-06-30 13F HECLA MNG COM 422704106 1,565,235 218,623 16.24 7,983 12.06 0.0024
2017-05-22 2017-03-31 13F/A-1 HECLA MNG COM 422704106 1,346,612 -2,109,017 -61.03 7,124 -60.66 0.0022
2017-05-12 2017-03-31 13F HECLA MNG COM 422704106 1,346,612 7,124
2017-02-22 2016-12-31 13F/A-1 HECLA MNG COM 422704106 3,455,629 -1,436,532 -29.36 18,108 -35.06 0.0059
2017-02-13 2016-12-31 13F HECLA MNG COM 422704106 3,455,629 18,108
2016-11-10 2016-09-30 13F HECLA MNG COM 422704106 4,892,161 3,985,755 439.73 27,886 503.33 0.0095
2016-08-12 2016-06-30 13F HECLA MNG COM 422704106 906,406 -189,907 -17.32 4,622 51.64 0.0017
2016-05-12 2016-03-31 13F HECLA MNG COM 422704106 1,096,313 -961,207 -46.72 3,048 -21.63 0.0012
2016-02-09 2015-12-31 13F HECLA MNG COM 422704106 2,057,520 -529,712 -20.47 3,889 -23.70 0.0014
2016-02-08 2015-09-30 13F/A-1 HECLA MNG COM 422704106 2,587,232 1,194,738 85.80 5,097 39.22 0.0019
2015-11-09 2015-09-30 13F HECLA MNG COM 422704106 2,587,232 5,097
2015-08-12 2015-06-30 13F HECLA MNG COM 422704106 1,392,494 20,440 1.49 3,661 -10.47 0.0013
2015-05-14 2015-03-31 13F HECLA MNG COM 422704106 1,372,054 -259,373 -15.90 4,089 -10.17 0.0015
2015-02-13 2014-12-31 13F HECLA MNG COM 422704106 1,631,427 -1,009,037 -38.21 4,552 -30.49 0.0017
2014-12-16 2014-09-30 13F/A-1 HECLA MNG COM 422704106 2,640,464 314,259 13.51 6,549 -8.29 0.0025
2014-11-14 2014-09-30 13F HECLA MNG COM 422704106 2,640,464 6,549
2014-05-13 2014-03-31 13F HECLA MNG COM 422704106 2,326,205 356,708 18.11 7,141 17.70 0.0030
2014-02-13 2013-12-31 13F HECLA MNG COM 422704106 1,969,497 -1,414,561 -41.80 6,067 -42.90 0.0026
2013-11-13 2013-09-30 13F HECLA MNG CO COM ST COM 422704106 3,384,058 1,014,921 42.84 10,626 50.49 0.0050
2013-08-08 2013-06-30 13F HECLA MNG CO COM ST COM 422704106 2,369,137 2,369,137 7,061 0.0036
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.