BHPBHP
Market Cap: $130B
About: BHP is a global diversified miner mainly supplying iron ore and copper. The merger of BHP Limited and Billiton PLC created the present-day BHP Group. The dual-listed structure from the 2001 BHP and Billiton merger was collapsed in 2022. Major assets include Pilbara iron ore and Escondida copper. Onshore us oil and gas assets were sold in 2018 and the remaining Petroleum assets were spun off and merged with Woodside in 2022, with BHP vesting the Woodside shares it received to BHP shareholders. It purchased copper miner Oz Minerals in fiscal 2023 and is entering the potash market through the development of its Jansen project in Canada. However, due to low nickel prices, BHP is placing its nickel business on care and maintenance in late 2024.
Employees: 40,872
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
83% more call options, than puts
Call options by funds: $378M | Put options by funds: $206M
22% more repeat investments, than reductions
Existing positions increased: 257 | Existing positions reduced: 211
9% more capital invested
Capital invested by funds: $5.41B [Q1] → $5.87B (+$464M) [Q2]
0.02% more ownership
Funds ownership: 1.85% [Q1] → 1.87% (+0.02%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 6 [Q1] → 6 (+0) [Q2]
5% less funds holding
Funds holding: 672 [Q1] → 641 (-31) [Q2]
37% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 83
Research analyst outlook
We haven’t received any recent analyst ratings for BHP.
Financial journalist opinion
Based on 29 articles about BHP published over the past 30 days