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Southern Copper

622 hedge funds and large institutions have $7.58B invested in Southern Copper in 2024 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 233 increasing their positions, 274 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

34% more call options, than puts

Call options by funds: $147M | Put options by funds: $110M

15% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 61

6% more capital invested

Capital invested by funds: $7.18B → $7.58B (+$409M)

1% more funds holding

Funds holding: 618622 (+4)

0% more funds holding in top 10

Funds holding in top 10: 77 (0)

0.22% less ownership

Funds ownership: 9.11%8.89% (-0.22%)

15% less repeat investments, than reductions

Existing positions increased: 233 | Existing positions reduced: 274

Holders
622
Holders Change
+4
Holders Change %
+0.65%
% of All Funds
8.93%
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.1%
New
70
Increased
233
Reduced
274
Closed
61
Calls
$147M
Puts
$110M
Net Calls
+$37.2M
Net Calls Change
+$19.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Norges Bank
26
Norges Bank
Norway
$70.5M +$908K +9,220 +1%
Geode Capital Management
27
Geode Capital Management
Massachusetts
$70.4M +$1.77M +17,931 +3%
1832 Asset Management
28
1832 Asset Management
Ontario, Canada
$65M -$98 -1 -0%
D.E. Shaw & Co
29
D.E. Shaw & Co
New York
$63.3M +$50.2M +509,590 +712%
Los Angeles Capital Management
30
Los Angeles Capital Management
California
$62.4M +$9.8M +99,546 +21%
NNPTE
31
Nationale-Nederlanden Powszechne Towarzystwo Emerytalne
Poland
$52.4M -$14.6M -148,419 -24%
Allspring Global Investments
32
Allspring Global Investments
North Carolina
$51.5M -$19.7M -200,429 -30%
Dimensional Fund Advisors
33
Dimensional Fund Advisors
Texas
$45.5M +$1.67M +16,936 +4%
Voloridge Investment Management
34
Voloridge Investment Management
Florida
$42.1M +$17.3M +175,221 +83%
Citadel Advisors
35
Citadel Advisors
Florida
$40M -$12.7M -128,639 -26%
Temasek Holdings
36
Temasek Holdings
Singapore
$39.2M +$10.7M +108,903 +43%
GPSPJS
37
General Pension Society PZU Joint Stock
Poland
$39M -$98 -1 -0%
IUHSA
38
Itau Unibanco Holding S.A.
Brazil
$38.9M +$35.2M +357,008 +115,164%
Schroder Investment Management Group
39
Schroder Investment Management Group
United Kingdom
$38.8M -$4.24M -43,044 -11%
RAA
40
RWC Asset Advisors
Florida
$37.1M -$4.58M -46,471 -12%
N
41
Nuveen
North Carolina
$35.5M +$1.01M +10,263 +3%
VanEck Associates
42
VanEck Associates
New York
$33.7M -$320K -3,251 -1%
Bank of New York Mellon
43
Bank of New York Mellon
New York
$33.6M +$1.29M +13,054 +4%
CAI
44
Capital Advisors Inc
Oklahoma
$30.6M +$606K +6,152 +2%
Invesco
45
Invesco
Georgia
$28.5M +$5.59M +56,736 +28%
Two Sigma Investments
46
Two Sigma Investments
New York
$27.3M +$12.7M +129,035 +106%
Charles Schwab
47
Charles Schwab
California
$26.9M -$250K -2,540 -1%
Canada Pension Plan Investment Board
48
Canada Pension Plan Investment Board
Ontario, Canada
$26.7M
Connor, Clark & Lunn Investment Management (CC&L)
49
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$26.7M +$1.48M +15,062 +7%
Wells Fargo
50
Wells Fargo
California
$26.6M -$12.8M -130,204 -35%

SCCO Hedge Fund Activity: Q3 2024 in Review

622 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q3 2024, worth a combined $7.58B — up 5.7% from $7.18B a quarter earlier.

Buyers outnumbered sellers: 70 funds opened new SCCO positions and 61 closed out — a net gain of 9 holders — while 233 added to existing stakes and 274 trimmed.

The largest buyer was Marshall Wace, adding an estimated $66.2M. The largest seller was T. Rowe Price Associates, cutting an estimated $299M.

  • 622 institutional investors held Southern Copper (SCCO) as of Q3 2024, up from 618 in Q2 2024.
  • Funds reported $7.58B of Southern Copper stock for Q3 2024, up 5.7% quarter-over-quarter.
  • 70 funds opened new Southern Copper positions in Q3 2024 and 61 closed out, a net change of +9 holders.
  • The largest Southern Copper buyer in Q3 2024 was Marshall Wace, an estimated $66.2M added.
  • The largest Southern Copper seller in Q3 2024 was T. Rowe Price Associates, an estimated $299M sold.

Based on aggregated 13F filings for Q3 2024.