Southern Copper
SCCO
479 hedge funds and large institutions have $3.58B invested in Southern Copper in 2022 Q4 according to their latest regulatory filings, with 117 funds opening new positions, 157 increasing their positions, 127 reducing their positions, and 54 closing their positions.
117% more first-time investments, than exits
New positions opened: 117 | Existing positions closed: 54
114% more call options, than puts
Call options by funds: $117M | Put options by funds: $54.5M
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
46% more capital invested
Capital invested by funds: $2.46B → $3.58B (+$1.12B)
24% more repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 127
14% more funds holding
Funds holding: 420 → 479 (+59)
0.65% more ownership
Funds ownership: 7.66% → 8.31% (+0.65%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$167M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$43.2M |
| 3 |
JP Morgan Chase
New York
|
+$35.7M |
| 4 |
BlackRock
New York
|
+$24.4M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$24.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$61M |
| 2 |
Millennium Management
New York
|
-$31.3M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$11.9M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$11.5M |
| 5 |
SFI
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
|
-$10.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FGAM
526
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$3 | -49 | Closed |
|
|
SWM
527
Selective Wealth Management
Forest,
Virginia
| – | -$2K | -45 | Closed |
|
|
FEG
528
Financial Enhancement Group
Anderson,
Indiana
| – | -$2K | -41 | Closed |
|
529
Bessemer Group
Woodbridge,
New Jersey
| – | -$1K | -20 | Closed |
|
|
SFG
530
Steward Financial Group
Colleyville,
Texas
| – | +$765 | +15 | New |
|
|
FCAS
531
First Command Advisory Services
Fort Worth,
Texas
| – | +$4.9K | +96 | New |
|
SCCO Hedge Fund Activity: Q4 2022 in Review
479 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q4 2022, worth a combined $3.58B — up 46% from $2.46B a quarter earlier.
Buyers outnumbered sellers: 117 funds opened new SCCO positions and 54 closed out — a net gain of 63 holders — while 157 added to existing stakes and 127 trimmed.
The largest buyer was Fidelity International, adding an estimated $167M. The largest seller was T. Rowe Price Associates, cutting an estimated $61M.
- 479 institutional investors held Southern Copper (SCCO) as of Q4 2022, up from 420 in Q3 2022.
- Funds reported $3.58B of Southern Copper stock for Q4 2022, up 46% quarter-over-quarter.
- 117 funds opened new Southern Copper positions in Q4 2022 and 54 closed out, a net change of +63 holders.
- The largest Southern Copper buyer in Q4 2022 was Fidelity International, an estimated $167M added.
- The largest Southern Copper seller in Q4 2022 was T. Rowe Price Associates, an estimated $61M sold.
Based on aggregated 13F filings for Q4 2022.