Southern Copper
SCCO
290 hedge funds and large institutions have $2.78B invested in Southern Copper in 2018 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 100 increasing their positions, 85 reducing their positions, and 53 closing their positions.
37% more call options, than puts
Call options by funds: $17.3M | Put options by funds: $12.6M
18% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 85
0.19% more ownership
Funds ownership: 8.08% → 8.27% (+0.19%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3% less funds holding
Funds holding: 300 → 290 (-10)
12% less capital invested
Capital invested by funds: $3.14B → $2.78B (-$365M)
15% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$80.3M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$63.6M |
| 3 |
Fisher Asset Management
Camas,
Washington
|
+$56.7M |
| 4 |
OC
Oakmont Corp
Los Angeles,
California
|
+$29.8M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$114M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$47.5M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
-$47M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
-$41.5M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$34.1M |
SCCO Hedge Fund Activity: Q2 2018 in Review
290 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q2 2018, worth a combined $2.78B — down 12% from $3.14B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of SCCO and 45 opened new positions — a net loss of 8 holders — while 85 trimmed existing stakes and 100 added.
The largest buyer was Impala Asset Management, opening a new position worth an estimated $80.3M. The largest seller was Amundi Asset Management US, cutting an estimated $114M.
- 290 institutional investors held Southern Copper (SCCO) as of Q2 2018, down from 300 in Q1 2018.
- Funds reported $2.78B of Southern Copper stock for Q2 2018, down 12% quarter-over-quarter.
- 45 funds opened new Southern Copper positions in Q2 2018 and 53 closed out, a net change of -8 holders.
- The largest Southern Copper buyer in Q2 2018 was Impala Asset Management, an estimated $80.3M added.
- The largest Southern Copper seller in Q2 2018 was Amundi Asset Management US, an estimated $114M sold.
Based on aggregated 13F filings for Q2 2018.