Southern Copper
SCCO
295 hedge funds and large institutions have $3.23B invested in Southern Copper in 2014 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 84 increasing their positions, 131 reducing their positions, and 42 closing their positions.
90% more call options, than puts
Call options by funds: $74.3M | Put options by funds: $39.2M
7% more capital invested
Capital invested by funds: $3.01B → $3.23B (+$218M)
0.38% more ownership
Funds ownership: 13.37% → 13.75% (+0.38%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 297 → 295 (-2)
5% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 42
36% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 131
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$180M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$74.5M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$16.4M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$14.8M |
| 5 |
MC
Martin Currie
Edinburgh,
United Kingdom
|
+$14.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SBAM
Santa Barbara Asset Management
Los Angeles,
California
|
-$82.9M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$33.5M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$25.8M |
| 4 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$25.2M |
| 5 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
-$22.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
326
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$216K | -8,006 | Closed |
|
|
BFC
327
Blue Fin Capital
Warren,
Rhode Island
| – | -$212K | -7,854 | Closed |
|
|
DCLA
328
Douglas C. Lane & Associates
New York
| – | -$204K | -7,551 | Closed |
|
|
STIA
329
Stone Toro Investment Advisers
Princeton,
New Jersey
| – | -$202K | -7,480 | Closed |
|
330
Group One Trading
Chicago,
Illinois
| – | -$137K | -4,970 | Closed |
|
|
ST
331
Smithfield Trust
Pittsburgh,
Pennsylvania
| – | -$126K | -4,657 | Closed |
|
|
ARMC
332
American Research & Management Company
Marion,
Massachusetts
| – | -$29K | -1,089 | Closed |
|
|
SGC
333
South Georgia Capital
Naperville,
Illinois
| – | -$29K | -1,079 | Closed |
|
|
WT
334
Whittier Trust
South Pasadena,
California
| – | -$16.1K | -583 | -99% |
|
|
MA
335
MUFG Americas
New York
| – | -$6K | -219 | Closed |
|
|
EWM
336
Edge Wealth Management
New York
| – | -$4K | -137 | Closed |
|
SCCO Hedge Fund Activity: Q2 2014 in Review
295 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q2 2014, worth a combined $3.23B — up 7.2% from $3.01B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of SCCO and 40 opened new positions — a net loss of 2 holders — while 131 trimmed existing stakes and 84 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $180M. The largest seller was Santa Barbara Asset Management, cutting an estimated $82.9M.
- 295 institutional investors held Southern Copper (SCCO) as of Q2 2014, down from 297 in Q1 2014.
- Funds reported $3.23B of Southern Copper stock for Q2 2014, up 7.2% quarter-over-quarter.
- 40 funds opened new Southern Copper positions in Q2 2014 and 42 closed out, a net change of -2 holders.
- The largest Southern Copper buyer in Q2 2014 was T. Rowe Price Associates, an estimated $180M added.
- The largest Southern Copper seller in Q2 2014 was Santa Barbara Asset Management, an estimated $82.9M sold.
Based on aggregated 13F filings for Q2 2014.