Southern Copper
SCCO
287 hedge funds and large institutions have $2.53B invested in Southern Copper in 2014 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 79 increasing their positions, 118 reducing their positions, and 34 closing their positions.
21% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 34
19% more call options, than puts
Call options by funds: $42.1M | Put options by funds: $35.3M
1% more funds holding
Funds holding: 285 → 287 (+2)
1.24% less ownership
Funds ownership: 13.11% → 11.87% (-1.2%)
15% less capital invested
Capital invested by funds: $3B → $2.53B (-$463M)
33% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 118
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Dupont Capital Management
Wilmington,
Delaware
|
+$74.3M |
| 2 |
PC
Passport Capital
San Francisco,
California
|
+$17.7M |
| 3 |
3CP
3G Capital Partners
New York
|
+$14.5M |
| 4 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
+$14.5M |
| 5 |
Harris Associates
Chicago,
Illinois
|
+$14.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$124M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$77.2M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$34M |
| 4 |
Morgan Stanley
New York
|
-$31.5M |
| 5 |
BG
BlackRock Group
London,
United Kingdom
|
-$30.4M |
SCCO Hedge Fund Activity: Q4 2014 in Review
287 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q4 2014, worth a combined $2.53B — down 15% from $3B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new SCCO positions and 34 closed out — a net gain of 7 holders — while 79 added to existing stakes and 118 trimmed.
The largest buyer was Dupont Capital Management, opening a new position worth an estimated $74.3M. The largest seller was Thornburg Investment Management, exiting entirely with an estimated $124M sold.
- 287 institutional investors held Southern Copper (SCCO) as of Q4 2014, up from 285 in Q3 2014.
- Funds reported $2.53B of Southern Copper stock for Q4 2014, down 15% quarter-over-quarter.
- 41 funds opened new Southern Copper positions in Q4 2014 and 34 closed out, a net change of +7 holders.
- The largest Southern Copper buyer in Q4 2014 was Dupont Capital Management, an estimated $74.3M added.
- The largest Southern Copper seller in Q4 2014 was Thornburg Investment Management, an estimated $124M sold.
Based on aggregated 13F filings for Q4 2014.