Ero Copper
78 hedge funds and large institutions have $530M invested in Ero Copper in 2022 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 34 increasing their positions, 20 reducing their positions, and 9 closing their positions.
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
70% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 20
25% more capital invested
Capital invested by funds: $426M → $530M (+$105M)
11% more funds holding
Funds holding: 70 → 78 (+8)
8.58% more ownership
Funds ownership: 31.53% → 40.1% (+8.6%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$31.9M |
| 2 |
6CM
683 Capital Management
New York
|
+$21.2M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$10.6M |
| 4 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
+$7.8M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$7.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
-$22.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.43M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$3.52M |
| 4 |
Renaissance Technologies
New York
|
-$2.69M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.96M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Optiver Holding
Amsterdam,
Netherlands
| $23K | +$1.22K | +88 | +6% |
|
|
TWC
77
TD Waterhouse Canada
Toronto,
Ontario, Canada
| $5.49K | -$5.03K | -362 | -56% |
|
78
Macquarie Group
Sydney, NSW 2000,
Australia
| $364 | +$345K | +24,833 | New |
|
|
LM
79
Luminus Management
Houston,
Texas
| – | -$22.1M | -1,443,967 | Closed |
|
|
HIM
80
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$3.52M | -230,170 | Closed |
|
81
Arrowstreet Capital
Boston,
Massachusetts
| – | -$280K | -18,330 | Closed |
|
82
Zurich Cantonal Bank
Zurich,
Switzerland
| – | -$130K | -8,657 | Closed |
|
|
RGI
83
River Global Investors
London,
United Kingdom
| – | -$23K | -1,500 | Closed |
|
|
ED
84
Exane Derivatives
Paris,
France
| – | -$21.3K | -1,400 | Closed |
|
|
WT
85
Whittier Trust
South Pasadena,
California
| – | -$15K | -1,000 | Closed |
|
|
TRCT
86
Tower Research Capital (TRC)
New York
| – | -$15K | -959 | Closed |
|
87
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$10K | -640 | Closed |
|
ERO Hedge Fund Activity: Q1 2022 in Review
78 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Ero Copper (ERO) for Q1 2022, worth a combined $530M — up 25% from $426M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new ERO positions and 9 closed out — a net gain of 8 holders — while 34 added to existing stakes and 20 trimmed.
The largest buyer was Fidelity International, adding an estimated $31.9M. The largest seller was Luminus Management, exiting entirely with an estimated $22.1M sold.
- 78 institutional investors held Ero Copper (ERO) as of Q1 2022, up from 70 in Q4 2021.
- Funds reported $530M of Ero Copper stock for Q1 2022, up 25% quarter-over-quarter.
- 17 funds opened new Ero Copper positions in Q1 2022 and 9 closed out, a net change of +8 holders.
- The largest Ero Copper buyer in Q1 2022 was Fidelity International, an estimated $31.9M added.
- The largest Ero Copper seller in Q1 2022 was Luminus Management, an estimated $22.1M sold.
Based on aggregated 13F filings for Q1 2022.