Southern Copper
SCCO
283 hedge funds and large institutions have $1.53B invested in Southern Copper in 2020 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 80 increasing their positions, 104 reducing their positions, and 53 closing their positions.
89% more call options, than puts
Call options by funds: $10.5M | Put options by funds: $5.54M
0.19% more ownership
Funds ownership: 7.36% → 7.55% (+0.19%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less funds holding
Funds holding: 294 → 283 (-11)
17% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 53
23% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 104
32% less capital invested
Capital invested by funds: $2.24B → $1.53B (-$709M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Ashmore Group
London,
United Kingdom
|
+$38.4M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$29.7M |
| 3 |
Morgan Stanley
New York
|
+$27M |
| 4 |
Neuberger Berman Group
New York
|
+$17.6M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$26.8M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$19.9M |
| 3 |
Goldman Sachs
New York
|
-$14.4M |
| 4 |
BlackRock
New York
|
-$11.8M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$11.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TSW
326
Thompson Siegel & Walmsley
Richmond,
Virginia
| – | -$1K | -22 | Closed |
|
327
AssetMark Inc
Concord,
California
| – | -$1K | -17 | Closed |
|
|
FGAM
328
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$42K | -13 | Closed |
|
|
LAS
329
Lloyd Advisory Services
Suwanee,
Georgia
| – | -$1K | -13 | Closed |
|
|
GWS
330
Glassman Wealth Services
Vienna,
Virginia
| – | +$335 | +10 | New |
|
|
ADL
331
Asset Dedication LLC
San Francisco,
California
| – | +$570 | +17 | New |
|
|
TWA
332
TCI Wealth Advisors
Tucson,
Arizona
| – | +$604 | +18 | New |
|
SCCO Hedge Fund Activity: Q1 2020 in Review
283 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q1 2020, worth a combined $1.53B — down 32% from $2.24B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of SCCO and 44 opened new positions — a net loss of 9 holders — while 104 trimmed existing stakes and 80 added.
The largest buyer was Ashmore Group, opening a new position worth an estimated $38.4M. The largest seller was Norges Bank, cutting an estimated $26.8M.
- 283 institutional investors held Southern Copper (SCCO) as of Q1 2020, down from 294 in Q4 2019.
- Funds reported $1.53B of Southern Copper stock for Q1 2020, down 32% quarter-over-quarter.
- 44 funds opened new Southern Copper positions in Q1 2020 and 53 closed out, a net change of -9 holders.
- The largest Southern Copper buyer in Q1 2020 was Ashmore Group, an estimated $38.4M added.
- The largest Southern Copper seller in Q1 2020 was Norges Bank, an estimated $26.8M sold.
Based on aggregated 13F filings for Q1 2020.