Southern Copper
SCCO
229 hedge funds and large institutions have $1.34B invested in Southern Copper in 2016 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 53 increasing their positions, 112 reducing their positions, and 30 closing their positions.
0.97% less ownership
Funds ownership: 7.89% → 6.92% (-0.97%)
3% less funds holding
Funds holding: 236 → 229 (-7)
14% less capital invested
Capital invested by funds: $1.56B → $1.34B (-$226M)
17% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 30
21% less call options, than puts
Call options by funds: $17.7M | Put options by funds: $22.6M
53% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 112
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$23.6M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$21.7M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$20.9M |
| 4 |
PAS
Point72 Asia (Singapore)
Singapore
|
+$18.4M |
| 5 |
Millennium Management
New York
|
+$18.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$46.5M |
| 2 |
BG
BlackRock Group
London,
United Kingdom
|
-$42.6M |
| 3 |
State Street
Boston,
Massachusetts
|
-$38.9M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$34.1M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$23.4M |
SCCO Hedge Fund Activity: Q2 2016 in Review
229 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q2 2016, worth a combined $1.34B — down 14% from $1.56B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of SCCO and 25 opened new positions — a net loss of 5 holders — while 112 trimmed existing stakes and 53 added.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $23.6M. The largest seller was BlackRock Advisors, cutting an estimated $46.5M.
- 229 institutional investors held Southern Copper (SCCO) as of Q2 2016, down from 236 in Q1 2016.
- Funds reported $1.34B of Southern Copper stock for Q2 2016, down 14% quarter-over-quarter.
- 25 funds opened new Southern Copper positions in Q2 2016 and 30 closed out, a net change of -5 holders.
- The largest Southern Copper buyer in Q2 2016 was Arrowstreet Capital, an estimated $23.6M added.
- The largest Southern Copper seller in Q2 2016 was BlackRock Advisors, an estimated $46.5M sold.
Based on aggregated 13F filings for Q2 2016.