Southern Copper
SCCO
295 hedge funds and large institutions have $2.17B invested in Southern Copper in 2020 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 77 increasing their positions, 113 reducing their positions, and 38 closing their positions.
149% more call options, than puts
Call options by funds: $14.2M | Put options by funds: $5.71M
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
42% more capital invested
Capital invested by funds: $1.53B → $2.17B (+$639M)
34% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 38
4% more funds holding
Funds holding: 283 → 295 (+12)
0.06% more ownership
Funds ownership: 7.55% → 7.62% (+0.06%)
32% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 113
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
+$36.6M |
| 2 |
Goldman Sachs
New York
|
+$27.8M |
| 3 |
AG
Ashmore Group
London,
United Kingdom
|
+$21.5M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$17.1M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$20.7M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$19M |
| 3 |
Neuberger Berman Group
New York
|
-$17.3M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$7.46M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$7.28M |
SCCO Hedge Fund Activity: Q2 2020 in Review
295 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q2 2020, worth a combined $2.17B — up 42% from $1.53B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new SCCO positions and 38 closed out — a net gain of 13 holders — while 77 added to existing stakes and 113 trimmed.
The largest buyer was Fisher Asset Management, adding an estimated $36.6M. The largest seller was Morgan Stanley, cutting an estimated $20.7M.
- 295 institutional investors held Southern Copper (SCCO) as of Q2 2020, up from 283 in Q1 2020.
- Funds reported $2.17B of Southern Copper stock for Q2 2020, up 42% quarter-over-quarter.
- 51 funds opened new Southern Copper positions in Q2 2020 and 38 closed out, a net change of +13 holders.
- The largest Southern Copper buyer in Q2 2020 was Fisher Asset Management, an estimated $36.6M added.
- The largest Southern Copper seller in Q2 2020 was Morgan Stanley, an estimated $20.7M sold.
Based on aggregated 13F filings for Q2 2020.