Ero Copper
73 hedge funds and large institutions have $320M invested in Ero Copper in 2022 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 33 increasing their positions, 26 reducing their positions, and 11 closing their positions.
221% more call options, than puts
Call options by funds: $462K | Put options by funds: $144K
27% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 26
3.36% more ownership
Funds ownership: 40.1% → 43.46% (+3.4%)
6% less funds holding
Funds holding: 78 → 73 (-5)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
40% less capital invested
Capital invested by funds: $530M → $320M (-$210M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$31.9M |
| 2 |
GC
GMT Capital
Atlanta,
Georgia
|
+$24.6M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
+$20.1M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$16.9M |
| 5 |
6CM
683 Capital Management
New York
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$16.6M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$14.4M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$11M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$8.62M |
| 5 |
Goldman Sachs
New York
|
-$6.83M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PIC
76
PCJ Investment Counsel
Toronto,
Ontario, Canada
| – | -$1.77M | -120,800 | Closed |
|
|
CM
77
CoreCommodity Management
Stamford,
Connecticut
| – | -$1.31M | -89,200 | Closed |
|
78
Two Sigma Investments
New York
| – | -$890K | -60,800 | Closed |
|
79
UBS AM
Chicago,
Illinois
| – | -$776K | -52,932 | Closed |
|
|
CAM
80
Cidel Asset Management
Toronto, Ontario,
Ontario, Canada
| – | -$661K | -45,090 | Closed |
|
|
CP
81
Cumberland Partners
Toronto,
Ontario, Canada
| – | -$544K | -37,100 | Closed |
|
|
AIMCA
82
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
| – | -$513K | -35,000 | Closed |
|
|
QC
83
Quadrature Capital
London,
United Kingdom
| – | -$242K | -16,500 | Closed |
|
84
Optiver Holding
Amsterdam,
Netherlands
| – | -$23K | -1,542 | Closed |
|
ERO Hedge Fund Activity: Q2 2022 in Review
73 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Ero Copper (ERO) for Q2 2022, worth a combined $320M — down 40% from $530M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of ERO and 8 opened new positions — a net loss of 3 holders — while 26 trimmed existing stakes and 33 added.
The largest buyer was Fidelity International, adding an estimated $31.9M. The largest seller was Impala Asset Management, cutting an estimated $16.6M.
- 73 institutional investors held Ero Copper (ERO) as of Q2 2022, down from 78 in Q1 2022.
- Funds reported $320M of Ero Copper stock for Q2 2022, down 40% quarter-over-quarter.
- 8 funds opened new Ero Copper positions in Q2 2022 and 11 closed out, a net change of -3 holders.
- The largest Ero Copper buyer in Q2 2022 was Fidelity International, an estimated $31.9M added.
- The largest Ero Copper seller in Q2 2022 was Impala Asset Management, an estimated $16.6M sold.
Based on aggregated 13F filings for Q2 2022.