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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.
Korea Electric Power Corporation, better known as KEPCO (Korean: 켑코) or Hanjeon (Korean: 한전), is the largest electric utility in South Korea,