Southern Copper
SCCO
298 hedge funds and large institutions have $2.01B invested in Southern Copper in 2019 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 88 increasing their positions, 108 reducing their positions, and 39 closing their positions.
121% more call options, than puts
Call options by funds: $13.8M | Put options by funds: $6.22M
18% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 39
1% more funds holding
Funds holding: 295 → 298 (+3)
0.29% less ownership
Funds ownership: 7.6% → 7.31% (-0.29%)
7% less capital invested
Capital invested by funds: $2.16B → $2.01B (-$154M)
19% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 108
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$29.1M |
| 2 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$18.7M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$17.6M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
+$13.7M |
| 5 |
Neuberger Berman Group
New York
|
+$11.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$44.9M |
| 2 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$33.9M |
| 3 |
DG
Delek Group
Herzliya,
Israel
|
-$19.3M |
| 4 |
BlackRock
New York
|
-$17.4M |
| 5 |
ECA
Encompass Capital Advisors
New York
|
-$14.8M |
SCCO Hedge Fund Activity: Q2 2019 in Review
298 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q2 2019, worth a combined $2.01B — down 7.2% from $2.16B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new SCCO positions and 39 closed out — a net gain of 7 holders — while 88 added to existing stakes and 108 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $29.1M. The largest seller was William Blair Investment Management, exiting entirely with an estimated $44.9M sold.
- 298 institutional investors held Southern Copper (SCCO) as of Q2 2019, up from 295 in Q1 2019.
- Funds reported $2.01B of Southern Copper stock for Q2 2019, down 7.2% quarter-over-quarter.
- 46 funds opened new Southern Copper positions in Q2 2019 and 39 closed out, a net change of +7 holders.
- The largest Southern Copper buyer in Q2 2019 was T. Rowe Price Associates, an estimated $29.1M added.
- The largest Southern Copper seller in Q2 2019 was William Blair Investment Management, an estimated $44.9M sold.
Based on aggregated 13F filings for Q2 2019.