Ero Copper
68 hedge funds and large institutions have $467M invested in Ero Copper in 2021 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 19 increasing their positions, 25 reducing their positions, and 2 closing their positions.
550% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 2
19% more funds holding
Funds holding: 57 → 68 (+11)
2.23% more ownership
Funds ownership: 27.22% → 29.45% (+2.2%)
8% less capital invested
Capital invested by funds: $507M → $467M (-$39.6M)
24% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 25
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$27.7M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$21M |
| 3 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$9.54M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$2.9M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
-$10.9M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$8.19M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$6.34M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$5.59M |
| 5 |
D.E. Shaw & Co
New York
|
-$1.52M |
ERO Hedge Fund Activity: Q3 2021 in Review
68 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Ero Copper (ERO) for Q3 2021, worth a combined $467M — down 7.8% from $507M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ERO positions and 2 closed out — a net gain of 11 holders — while 19 added to existing stakes and 25 trimmed.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $27.7M. The largest seller was Luminus Management, cutting an estimated $10.9M.
- 68 institutional investors held Ero Copper (ERO) as of Q3 2021, up from 57 in Q2 2021.
- Funds reported $467M of Ero Copper stock for Q3 2021, down 7.8% quarter-over-quarter.
- 13 funds opened new Ero Copper positions in Q3 2021 and 2 closed out, a net change of +11 holders.
- The largest Ero Copper buyer in Q3 2021 was Fiera Capital (Canada), an estimated $27.7M added.
- The largest Ero Copper seller in Q3 2021 was Luminus Management, an estimated $10.9M sold.
Based on aggregated 13F filings for Q3 2021.