Global X Copper Miners ETF NEW
COPX
165 hedge funds and large institutions have $738M invested in Global X Copper Miners ETF NEW in 2024 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 55 increasing their positions, 50 reducing their positions, and 18 closing their positions.
72% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 18
34% more capital invested
Capital invested by funds: $549M → $738M (+$189M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
10% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 50
6% more funds holding
Funds holding: 155 → 165 (+10)
3.59% more ownership
Funds ownership: 35.67% → 39.26% (+3.6%)
40% less call options, than puts
Call options by funds: $13.2M | Put options by funds: $21.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$61.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$39.9M |
| 3 |
BGDI
BW Gestao de Investimentos
Sao Paulo,
Brazil
|
+$32.3M |
| 4 |
WHCM
Wolf Hill Capital Management
Greenwich,
Connecticut
|
+$18.6M |
| 5 |
PCM
Pinnbrook Capital Management
New York
|
+$12.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$33M |
| 2 |
Jane Street
New York
|
-$27.3M |
| 3 |
Morgan Stanley
New York
|
-$14.1M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$7.55M |
| 5 |
VF
Virtu Financial
New York
|
-$6.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GAM
176
Gotham Asset Management
New York
| – | -$2.91M | -14,155 | Closed |
|
|
BAM
177
Belpointe Asset Management
Reno,
Nevada
| – | -$357K | -9,515 | Closed |
|
|
PAG
178
Private Advisory Group
Redmond,
Washington
| – | -$230K | -6,137 | Closed |
|
179
Simplex Trading
Chicago,
Illinois
| – | -$130K | -3,475 | Closed |
|
|
HPC
180
HM Payson & Co
Portland,
Maine
| – | -$11.3K | -300 | Closed |
|
|
FIM
181
FWL Investment Management
Dallas,
Texas
| – | -$10.7K | -286 | Closed |
|
|
WTG
182
West Tower Group
Richmond,
Virginia
| – | -$7.01K | -187 | Closed |
|
|
ASN
183
Advisory Services Network
Atlanta,
Georgia
| – | -$4.87K | -130 | Closed |
|
|
CG
184
Cutler Group
San Francisco,
California
| – | -$3.71K | -100 | Closed |
|
COPX Hedge Fund Activity: Q1 2024 in Review
165 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Global X Copper Miners ETF NEW (COPX) for Q1 2024, worth a combined $738M — up 34% from $549M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new COPX positions and 18 closed out — a net gain of 13 holders — while 55 added to existing stakes and 50 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $61.5M. The largest seller was Old Mission Capital, exiting entirely with an estimated $33M sold.
- 165 institutional investors held Global X Copper Miners ETF NEW (COPX) as of Q1 2024, up from 155 in Q4 2023.
- Funds reported $738M of Global X Copper Miners ETF NEW stock for Q1 2024, up 34% quarter-over-quarter.
- 31 funds opened new Global X Copper Miners ETF NEW positions in Q1 2024 and 18 closed out, a net change of +13 holders.
- The largest Global X Copper Miners ETF NEW buyer in Q1 2024 was JP Morgan Chase, an estimated $61.5M added.
- The largest Global X Copper Miners ETF NEW seller in Q1 2024 was Old Mission Capital, an estimated $33M sold.
Based on aggregated 13F filings for Q1 2024.