Southern Copper
SCCO
533 hedge funds and large institutions have $5.47B invested in Southern Copper in 2023 Q4 according to their latest regulatory filings, with 94 funds opening new positions, 181 increasing their positions, 166 reducing their positions, and 44 closing their positions.
114% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 44
19% more capital invested
Capital invested by funds: $4.61B → $5.47B (+$862M)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
13% more call options, than puts
Call options by funds: $100M | Put options by funds: $88.2M
9% more funds holding
Funds holding: 488 → 533 (+45)
9% more repeat investments, than reductions
Existing positions increased: 181 | Existing positions reduced: 166
0.32% more ownership
Funds ownership: 8.55% → 8.87% (+0.32%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$116M |
| 2 |
Neuberger Berman Group
New York
|
+$84M |
| 3 |
NNPTE
Nationale-Nederlanden Powszechne Towarzystwo Emerytalne
Warszawa,
Poland
|
+$44.2M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$32.1M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$20.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$44.5M |
| 2 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$26.7M |
| 3 |
BlackRock
New York
|
-$26.7M |
| 4 |
MAMU
Marathon Asset Management (UK)
London,
United Kingdom
|
-$18.2M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
-$17.6M |
SCCO Hedge Fund Activity: Q4 2023 in Review
533 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q4 2023, worth a combined $5.47B — up 19% from $4.61B a quarter earlier.
Buyers outnumbered sellers: 94 funds opened new SCCO positions and 44 closed out — a net gain of 50 holders — while 181 added to existing stakes and 166 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $116M. The largest seller was Marshall Wace, cutting an estimated $44.5M.
- 533 institutional investors held Southern Copper (SCCO) as of Q4 2023, up from 488 in Q3 2023.
- Funds reported $5.47B of Southern Copper stock for Q4 2023, up 19% quarter-over-quarter.
- 94 funds opened new Southern Copper positions in Q4 2023 and 44 closed out, a net change of +50 holders.
- The largest Southern Copper buyer in Q4 2023 was Morgan Stanley, an estimated $116M added.
- The largest Southern Copper seller in Q4 2023 was Marshall Wace, an estimated $44.5M sold.
Based on aggregated 13F filings for Q4 2023.