iShares Copper and Metals Mining ETF
ICOP
93 hedge funds and large institutions have $123M invested in iShares Copper and Metals Mining ETF in 2026 Q1 according to their latest regulatory filings, with 61 funds opening new positions, 19 increasing their positions, 4 reducing their positions, and 14 closing their positions.
375% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 4
336% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 14
149% more call options, than puts
Call options by funds: $2.34M | Put options by funds: $942K
94% more funds holding
Funds holding: 48 → 93 (+45)
91% more capital invested
Capital invested by funds: $64.2M → $123M (+$58.4M)
10.99% less ownership
Funds ownership: 41.24% → 30.26% (-11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMC
Spider Management Company
Richmond,
Virginia
|
+$19.5M |
| 2 |
LPL Financial
San Diego,
California
|
+$15.7M |
| 3 |
Jane Street
New York
|
+$9.65M |
| 4 |
FGA
Fortis Group Advisors
Westwood,
New Jersey
|
+$3.29M |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
+$2.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$14.3M |
| 2 |
JSSH
J. Safra Sarasin Holding
|
-$1.33M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.26M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$1.24M |
| 5 |
PUI
Purpose Unlimited Inc
Toronto,
|
-$996K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SH
101
SLT Holdings
Scottsdale,
Arizona
| – | -$211K | -4,770 | Closed |
|
|
HWA
102
HHM Wealth Advisors
Chattanooga,
Tennessee
| – | -$28.9K | -653 | Closed |
|
|
KAS
103
Kestra Advisory Services
Austin,
Texas
| – | -$22.5K | -507 | Closed |
|
|
AWA
104
Acumen Wealth Advisors
Chattanooga,
Tennessee
| – | -$12.6K | -285 | Closed |
|
105
Bank of America
Charlotte,
North Carolina
| – | -$6.65K | -150 | Closed |
|
|
CW
106
Curio Wealth
Annapolis,
Maryland
| – | -$229 | -5 | Closed |
|
|
TRCT
107
Tower Research Capital (TRC)
New York
| – | -$222 | -5 | Closed |
|
ICOP Hedge Fund Activity: Q1 2026 in Review
93 of the 8,128 institutional investors tracked by Wall St. Rank reported a position in iShares Copper and Metals Mining ETF (ICOP) for Q1 2026, worth a combined $123M — up 91% from $64.2M a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new ICOP positions and 14 closed out — a net gain of 47 holders — while 19 added to existing stakes and 4 trimmed.
The largest buyer was Spider Management Company, opening a new position worth an estimated $19.5M. The largest seller was Municipal Employees' Retirement System of Michigan, cutting an estimated $14.3M.
- 93 institutional investors held iShares Copper and Metals Mining ETF (ICOP) as of Q1 2026, up from 48 in Q4 2025.
- Funds reported $123M of iShares Copper and Metals Mining ETF stock for Q1 2026, up 91% quarter-over-quarter.
- 61 funds opened new iShares Copper and Metals Mining ETF positions in Q1 2026 and 14 closed out, a net change of +47 holders.
- The largest iShares Copper and Metals Mining ETF buyer in Q1 2026 was Spider Management Company, an estimated $19.5M added.
- The largest iShares Copper and Metals Mining ETF seller in Q1 2026 was Municipal Employees' Retirement System of Michigan, an estimated $14.3M sold.
Based on aggregated 13F filings for Q1 2026.