Southern Copper
SCCO
494 hedge funds and large institutions have $4.13B invested in Southern Copper in 2022 Q1 according to their latest regulatory filings, with 103 funds opening new positions, 175 increasing their positions, 122 reducing their positions, and 50 closing their positions.
106% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 50
88% more call options, than puts
Call options by funds: $148M | Put options by funds: $78.6M
43% more repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 122
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
26% more capital invested
Capital invested by funds: $3.28B → $4.13B (+$858M)
11% more funds holding
Funds holding: 446 → 494 (+48)
0.21% more ownership
Funds ownership: 7.42% → 7.63% (+0.21%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$57.7M |
| 2 |
BlackRock
New York
|
+$47M |
| 3 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$39.2M |
| 4 |
BA
Bridgewater Associates
Westport,
Connecticut
|
+$34.4M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$26.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$65.1M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$58.8M |
| 3 |
Renaissance Technologies
New York
|
-$42.9M |
| 4 |
Two Sigma Advisers
New York
|
-$31.4M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$29.1M |
SCCO Hedge Fund Activity: Q1 2022 in Review
494 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q1 2022, worth a combined $4.13B — up 26% from $3.28B a quarter earlier.
Buyers outnumbered sellers: 103 funds opened new SCCO positions and 50 closed out — a net gain of 53 holders — while 175 added to existing stakes and 122 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $57.7M. The largest seller was Millennium Management, cutting an estimated $65.1M.
- 494 institutional investors held Southern Copper (SCCO) as of Q1 2022, up from 446 in Q4 2021.
- Funds reported $4.13B of Southern Copper stock for Q1 2022, up 26% quarter-over-quarter.
- 103 funds opened new Southern Copper positions in Q1 2022 and 50 closed out, a net change of +53 holders.
- The largest Southern Copper buyer in Q1 2022 was Goldman Sachs, an estimated $57.7M added.
- The largest Southern Copper seller in Q1 2022 was Millennium Management, an estimated $65.1M sold.
Based on aggregated 13F filings for Q1 2022.