Southern Copper
SCCO
415 hedge funds and large institutions have $4.07B invested in Southern Copper in 2021 Q1 according to their latest regulatory filings, with 85 funds opening new positions, 140 increasing their positions, 120 reducing their positions, and 43 closing their positions.
146% more call options, than puts
Call options by funds: $60.5M | Put options by funds: $24.6M
98% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 43
17% more repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 120
10% more funds holding
Funds holding: 376 → 415 (+39)
4% more capital invested
Capital invested by funds: $3.9B → $4.07B (+$162M)
0.13% less ownership
Funds ownership: 8.51% → 8.38% (-0.13%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$104M |
| 2 |
BlackRock
New York
|
+$53M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$52.3M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$48.2M |
| 5 |
Millennium Management
New York
|
+$39.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$225M |
| 2 |
MC
Martin Currie
Edinburgh,
United Kingdom
|
-$72.4M |
| 3 |
AG
Ashmore Group
London,
United Kingdom
|
-$52.6M |
| 4 |
Goldman Sachs
New York
|
-$27.7M |
| 5 |
State Street
Boston,
Massachusetts
|
-$25.3M |
SCCO Hedge Fund Activity: Q1 2021 in Review
415 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q1 2021, worth a combined $4.07B — up 4.1% from $3.9B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new SCCO positions and 43 closed out — a net gain of 42 holders — while 140 added to existing stakes and 120 trimmed.
The largest buyer was Fidelity International, adding an estimated $104M. The largest seller was T. Rowe Price Associates, cutting an estimated $225M.
- 415 institutional investors held Southern Copper (SCCO) as of Q1 2021, up from 376 in Q4 2020.
- Funds reported $4.07B of Southern Copper stock for Q1 2021, up 4.1% quarter-over-quarter.
- 85 funds opened new Southern Copper positions in Q1 2021 and 43 closed out, a net change of +42 holders.
- The largest Southern Copper buyer in Q1 2021 was Fidelity International, an estimated $104M added.
- The largest Southern Copper seller in Q1 2021 was T. Rowe Price Associates, an estimated $225M sold.
Based on aggregated 13F filings for Q1 2021.