Ero Copper
70 hedge funds and large institutions have $426M invested in Ero Copper in 2021 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 18 reducing their positions, and 10 closing their positions.
72% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 18
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
3% more funds holding
Funds holding: 68 → 70 (+2)
2.08% more ownership
Funds ownership: 29.45% → 31.53% (+2.1%)
9% less capital invested
Capital invested by funds: $467M → $426M (-$41.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$19.4M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
+$18M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$9.83M |
| 4 |
Morgan Stanley
New York
|
+$4.3M |
| 5 |
Renaissance Technologies
New York
|
+$3.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$20M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.14M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$6.06M |
| 4 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$4M |
| 5 |
PG
Pendal Group
Sydney,
Australia
|
-$1.78M |
ERO Hedge Fund Activity: Q4 2021 in Review
70 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Ero Copper (ERO) for Q4 2021, worth a combined $426M — down 8.8% from $467M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new ERO positions and 10 closed out — a net gain of 2 holders — while 31 added to existing stakes and 18 trimmed.
The largest buyer was Impala Asset Management, adding an estimated $19.4M. The largest seller was Fidelity International, cutting an estimated $20M.
- 70 institutional investors held Ero Copper (ERO) as of Q4 2021, up from 68 in Q3 2021.
- Funds reported $426M of Ero Copper stock for Q4 2021, down 8.8% quarter-over-quarter.
- 12 funds opened new Ero Copper positions in Q4 2021 and 10 closed out, a net change of +2 holders.
- The largest Ero Copper buyer in Q4 2021 was Impala Asset Management, an estimated $19.4M added.
- The largest Ero Copper seller in Q4 2021 was Fidelity International, an estimated $20M sold.
Based on aggregated 13F filings for Q4 2021.