Ero Copper
ERO
91 hedge funds and large institutions have $1,000M invested in Ero Copper in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 39 increasing their positions, 31 reducing their positions, and 8 closing their positions.
6,381% more call options, than puts
Call options by funds: $4.99M | Put options by funds: $77K
26% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 31
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
19% more capital invested
Capital invested by funds: $842M → $1,000M (+$157M)
2% more funds holding
Funds holding: 89 → 91 (+2)
1.61% more ownership
Funds ownership: 51.65% → 53.26% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$60.1M |
| 2 |
SAM
Scopus Asset Management
New York
|
+$11.7M |
| 3 |
GC
GMT Capital
Atlanta,
Georgia
|
+$8.52M |
| 4 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$6.74M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$5.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ninety One (UK)
London,
United Kingdom
|
-$24.6M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$23.3M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$11.6M |
| 4 |
6CM
683 Capital Management
New York
|
-$8.04M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$4.85M |
ERO Hedge Fund Activity: Q2 2023 in Review
91 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Ero Copper (ERO) for Q2 2023, worth a combined $1,000M — up 19% from $842M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ERO positions and 8 closed out — a net gain of 2 holders — while 39 added to existing stakes and 31 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $60.1M. The largest seller was Ninety One (UK), cutting an estimated $24.6M.
- 91 institutional investors held Ero Copper (ERO) as of Q2 2023, up from 89 in Q1 2023.
- Funds reported $1,000M of Ero Copper stock for Q2 2023, up 19% quarter-over-quarter.
- 10 funds opened new Ero Copper positions in Q2 2023 and 8 closed out, a net change of +2 holders.
- The largest Ero Copper buyer in Q2 2023 was Fidelity Investments, an estimated $60.1M added.
- The largest Ero Copper seller in Q2 2023 was Ninety One (UK), an estimated $24.6M sold.
Based on aggregated 13F filings for Q2 2023.