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Southern Copper

295 hedge funds and large institutions have $3.23B invested in Southern Copper in 2014 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 84 increasing their positions, 131 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

90% more call options, than puts

Call options by funds: $74.3M | Put options by funds: $39.2M

7% more capital invested

Capital invested by funds: $3.01B → $3.23B (+$218M)

0.38% more ownership

Funds ownership: 13.37%13.75% (+0.38%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1% less funds holding

Funds holding: 297295 (-2)

5% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 42

36% less repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 131

Holders
295
Holders Change
-2
Holders Change %
-0.67%
% of All Funds
8.48%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
40
Increased
84
Reduced
131
Closed
42
Calls
$74.3M
Puts
$39.2M
Net Calls
+$35.2M
Net Calls Change
-$10.9M
Name Holding Trade Value Shares
Change
Change in
Stake
BG
1
BlackRock Group
United Kingdom
$349M -$6.74M -244,768 -2%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$294M +$180M +6,554,129 +169%
BA
3
BlackRock Advisors
Delaware
$267M -$33.5M -1,217,254 -11%
TIM
4
Thornburg Investment Management
New Mexico
$216M -$25.2M -914,580 -11%
State Street
5
State Street
Massachusetts
$159M -$2.24M -81,445 -1%
Norges Bank
6
Norges Bank
Norway
$152M +$74.5M +2,705,940 +100%
BFA
7
BlackRock Fund Advisors
California
$126M +$4.25M +154,359 +4%
BIT
8
BlackRock Institutional Trust
California
$114M +$422K +15,342 +0.4%
TCIM
9
TIAA CREF Investment Management
New York
$82.1M -$9.12M -331,163 -10%
PPA
10
Parametric Portfolio Associates
Washington
$71.7M +$3.69M +133,858 +6%
UBS AM
11
UBS AM
Illinois
$66.4M -$469K -17,032 -0.7%
Northern Trust
12
Northern Trust
Illinois
$62.9M +$4.92M +178,596 +9%
Franklin Resources
13
Franklin Resources
California
$50.2M +$16.4M +594,802 +50%
CBOA
14
Commonwealth Bank of Australia
Australia
$44.1M +$9.87M +358,499 +30%
Bank of America
15
Bank of America
North Carolina
$44M -$11.7M -423,819 -21%
Caisse de Depot et Placement du Quebec (CDPQ)
16
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$40.9M -$835K -30,312 -2%
Grantham, Mayo, Van Otterloo & Co (GMO)
17
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$38.5M -$653K -23,732 -2%
BIM
18
BlackRock Investment Management
Delaware
$37.9M +$1.63M +59,246 +5%
Vanguard Group
19
Vanguard Group
Pennsylvania
$31.6M +$1.02M +36,904 +3%
HCM
20
Herndon Capital Management
Georgia
$29.6M -$1.37M -49,879 -5%
Prudential Financial
21
Prudential Financial
New Jersey
$28.3M +$62.3K +2,263 +0.2%
HSBC Holdings
22
HSBC Holdings
United Kingdom
$27.3M +$4.6M +166,946 +21%
Legal & General Group
23
Legal & General Group
United Kingdom
$26.3M -$224K -8,131 -0.9%
PI
24
PGGM Investments
Netherlands
$25.9M +$1.23M +44,646 +5%
CIC
25
Chilton Investment Company
Connecticut
$25.7M +$9.96M +361,743 +66%

SCCO Hedge Fund Activity: Q2 2014 in Review

295 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q2 2014, worth a combined $3.23B — up 7.2% from $3.01B a quarter earlier.

Sellers outnumbered buyers: 42 funds closed out of SCCO and 40 opened new positions — a net loss of 2 holders — while 131 trimmed existing stakes and 84 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $180M. The largest seller was Santa Barbara Asset Management, cutting an estimated $82.9M.

  • 295 institutional investors held Southern Copper (SCCO) as of Q2 2014, down from 297 in Q1 2014.
  • Funds reported $3.23B of Southern Copper stock for Q2 2014, up 7.2% quarter-over-quarter.
  • 40 funds opened new Southern Copper positions in Q2 2014 and 42 closed out, a net change of -2 holders.
  • The largest Southern Copper buyer in Q2 2014 was T. Rowe Price Associates, an estimated $180M added.
  • The largest Southern Copper seller in Q2 2014 was Santa Barbara Asset Management, an estimated $82.9M sold.

Based on aggregated 13F filings for Q2 2014.