Ero Copper
ERO
89 hedge funds and large institutions have $842M invested in Ero Copper in 2023 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 31 increasing their positions, 30 reducing their positions, and 6 closing their positions.
365% more call options, than puts
Call options by funds: $2.06M | Put options by funds: $442K
167% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 6
34% more capital invested
Capital invested by funds: $627M → $842M (+$215M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
13% more funds holding
Funds holding: 79 → 89 (+10)
1.72% more ownership
Funds ownership: 49.93% → 51.65% (+1.7%)
3% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$18.9M |
| 2 |
GC
GMT Capital
Atlanta,
Georgia
|
+$9.97M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$9.3M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$8.79M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$5.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$25.1M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$5.38M |
| 3 |
Amundi
Paris,
France
|
-$4.14M |
| 4 |
6CM
683 Capital Management
New York
|
-$3.62M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$3.52M |
ERO Hedge Fund Activity: Q1 2023 in Review
89 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Ero Copper (ERO) for Q1 2023, worth a combined $842M — up 34% from $627M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new ERO positions and 6 closed out — a net gain of 10 holders — while 31 added to existing stakes and 30 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $18.9M. The largest seller was Fidelity International, cutting an estimated $25.1M.
- 89 institutional investors held Ero Copper (ERO) as of Q1 2023, up from 79 in Q4 2022.
- Funds reported $842M of Ero Copper stock for Q1 2023, up 34% quarter-over-quarter.
- 16 funds opened new Ero Copper positions in Q1 2023 and 6 closed out, a net change of +10 holders.
- The largest Ero Copper buyer in Q1 2023 was Acadian Asset Management, an estimated $18.9M added.
- The largest Ero Copper seller in Q1 2023 was Fidelity International, an estimated $25.1M sold.
Based on aggregated 13F filings for Q1 2023.