Ero Copper
ERO
102 hedge funds and large institutions have $1.25B invested in Ero Copper in 2024 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 35 increasing their positions, 40 reducing their positions, and 13 closing their positions.
119% more call options, than puts
Call options by funds: $17.6M | Put options by funds: $8.04M
15% more capital invested
Capital invested by funds: $1.09B → $1.25B (+$161M)
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
1% more funds holding
Funds holding: 101 → 102 (+1)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
10.48% less ownership
Funds ownership: 73.62% → 63.14% (-10%)
13% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$43.6M |
| 2 |
Jennison Associates
New York
|
+$18.5M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$10.8M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$8.52M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$8.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$95.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$17.7M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$9.49M |
| 4 |
6CM
683 Capital Management
New York
|
-$6.18M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$6.11M |
ERO Hedge Fund Activity: Q1 2024 in Review
102 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Ero Copper (ERO) for Q1 2024, worth a combined $1.25B — up 15% from $1.09B a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new ERO positions and 13 closed out — a net gain of 1 holder — while 35 added to existing stakes and 40 trimmed.
The largest buyer was T. Rowe Price Investment Management, adding an estimated $43.6M. The largest seller was T. Rowe Price Associates, cutting an estimated $95.2M.
- 102 institutional investors held Ero Copper (ERO) as of Q1 2024, up from 101 in Q4 2023.
- Funds reported $1.25B of Ero Copper stock for Q1 2024, up 15% quarter-over-quarter.
- 14 funds opened new Ero Copper positions in Q1 2024 and 13 closed out, a net change of +1 holder.
- The largest Ero Copper buyer in Q1 2024 was T. Rowe Price Investment Management, an estimated $43.6M added.
- The largest Ero Copper seller in Q1 2024 was T. Rowe Price Associates, an estimated $95.2M sold.
Based on aggregated 13F filings for Q1 2024.