Ero Copper
ERO
105 hedge funds and large institutions have $1.54B invested in Ero Copper in 2024 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 39 increasing their positions, 37 reducing their positions, and 17 closing their positions.
295% more call options, than puts
Call options by funds: $34.3M | Put options by funds: $8.68M
29% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 17
23% more capital invested
Capital invested by funds: $1.25B → $1.54B (+$291M)
3.25% more ownership
Funds ownership: 63.14% → 66.4% (+3.3%)
3% more funds holding
Funds holding: 102 → 105 (+3)
5% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 37
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$30.9M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$26.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$20.1M |
| 4 |
Temasek Holdings
Singapore
|
+$8.06M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$6.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$33.5M |
| 2 |
GC
GMT Capital
Atlanta,
Georgia
|
-$13M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$11.9M |
| 4 |
6CM
683 Capital Management
New York
|
-$8.91M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$8.25M |
ERO Hedge Fund Activity: Q2 2024 in Review
105 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Ero Copper (ERO) for Q2 2024, worth a combined $1.54B — up 23% from $1.25B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new ERO positions and 17 closed out — a net gain of 5 holders — while 39 added to existing stakes and 37 trimmed.
The largest buyer was Jennison Associates, adding an estimated $30.9M. The largest seller was Mirae Asset Global Investments, exiting entirely with an estimated $33.5M sold.
- 105 institutional investors held Ero Copper (ERO) as of Q2 2024, up from 102 in Q1 2024.
- Funds reported $1.54B of Ero Copper stock for Q2 2024, up 23% quarter-over-quarter.
- 22 funds opened new Ero Copper positions in Q2 2024 and 17 closed out, a net change of +5 holders.
- The largest Ero Copper buyer in Q2 2024 was Jennison Associates, an estimated $30.9M added.
- The largest Ero Copper seller in Q2 2024 was Mirae Asset Global Investments, an estimated $33.5M sold.
Based on aggregated 13F filings for Q2 2024.