Southern Copper
SCCO
244 hedge funds and large institutions have $1.51B invested in Southern Copper in 2016 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 54 increasing their positions, 98 reducing their positions, and 25 closing their positions.
112% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 25
39% more capital invested
Capital invested by funds: $1.08B → $1.51B (+$425M)
12% more funds holding
Funds holding: 218 → 244 (+26)
0.77% more ownership
Funds ownership: 5.83% → 6.6% (+0.77%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
10% less call options, than puts
Call options by funds: $26.5M | Put options by funds: $29.4M
45% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 98
Top Buyers
Top Sellers
| 1 |
Millennium Management
New York
|
-$13.8M |
| 2 |
D.E. Shaw & Co
New York
|
-$12.7M |
| 3 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$10M |
| 4 |
Renaissance Technologies
New York
|
-$9.15M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$7.75M |
SCCO Hedge Fund Activity: Q4 2016 in Review
244 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q4 2016, worth a combined $1.51B — up 39% from $1.08B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new SCCO positions and 25 closed out — a net gain of 28 holders — while 54 added to existing stakes and 98 trimmed.
The largest buyer was Prudential plc, opening a new position worth an estimated $57.2M. The largest seller was Millennium Management, cutting an estimated $13.8M.
- 244 institutional investors held Southern Copper (SCCO) as of Q4 2016, up from 218 in Q3 2016.
- Funds reported $1.51B of Southern Copper stock for Q4 2016, up 39% quarter-over-quarter.
- 53 funds opened new Southern Copper positions in Q4 2016 and 25 closed out, a net change of +28 holders.
- The largest Southern Copper buyer in Q4 2016 was Prudential plc, an estimated $57.2M added.
- The largest Southern Copper seller in Q4 2016 was Millennium Management, an estimated $13.8M sold.
Based on aggregated 13F filings for Q4 2016.