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Southern Copper

287 hedge funds and large institutions have $2.53B invested in Southern Copper in 2014 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 79 increasing their positions, 118 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 34

19% more call options, than puts

Call options by funds: $42.1M | Put options by funds: $35.3M

1% more funds holding

Funds holding: 285287 (+2)

1.24% less ownership

Funds ownership: 13.11%11.87% (-1.2%)

15% less capital invested

Capital invested by funds: $3B → $2.53B (-$463M)

33% less repeat investments, than reductions

Existing positions increased: 79 | Existing positions reduced: 118

Holders
287
Holders Change
+2
Holders Change %
+0.7%
% of All Funds
7.66%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.05%
New
41
Increased
79
Reduced
118
Closed
34
Calls
$42.1M
Puts
$35.3M
Net Calls
+$6.81M
Net Calls Change
-$4.36M
Name Holding Trade Value Shares
Change
Change in
Stake
BG
1
BlackRock Group
United Kingdom
$260M -$30.4M -1,128,123 -10%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$235M -$21.1M -782,050 -8%
BA
3
BlackRock Advisors
Delaware
$165M -$77.2M -2,864,313 -31%
State Street
4
State Street
Massachusetts
$149M +$4.16M +154,190 +3%
BFA
5
BlackRock Fund Advisors
California
$114M -$14.2M -525,224 -11%
BIT
6
BlackRock Institutional Trust
California
$106M -$1.11M -41,003 -1%
Norges Bank
7
Norges Bank
Norway
$77.3M +$6.79M +251,783 +9%
DCM
8
Dupont Capital Management
Delaware
$72.1M +$74.3M +2,757,262 New
TCIM
9
TIAA CREF Investment Management
New York
$68.5M -$3.8M -141,127 -5%
PPA
10
Parametric Portfolio Associates
Washington
$68.2M -$850K -31,537 -1%
UBS AM
11
UBS AM
Illinois
$53.6M -$4.78M -177,474 -8%
CBOA
12
Commonwealth Bank of Australia
Australia
$46.5M -$582K -21,591 -1%
Franklin Resources
13
Franklin Resources
California
$46.3M +$3.73M +138,507 +8%
Deutsche Bank
14
Deutsche Bank
Germany
$39.4M +$12.6M +468,950 +45%
Caisse de Depot et Placement du Quebec (CDPQ)
15
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$38.2M +$98.9K +3,668 +0.3%
Northern Trust
16
Northern Trust
Illinois
$37.3M -$13.9M -514,483 -26%
Prudential Financial
17
Prudential Financial
New Jersey
$35.1M -$2.95M -109,359 -8%
Bank of America
18
Bank of America
North Carolina
$33.7M -$1.62M -60,174 -4%
Vanguard Group
19
Vanguard Group
Pennsylvania
$28.9M -$311K -11,533 -1%
BIM
20
BlackRock Investment Management
Delaware
$28M -$5.81M -215,420 -17%
Sumitomo Mitsui Trust Group
21
Sumitomo Mitsui Trust Group
Japan
$26.5M +$740K +27,446 +3%
PI
22
PGGM Investments
Netherlands
$25.3M
Jennison Associates
23
Jennison Associates
New York
$23.9M +$1.74M +64,393 +8%
Goldman Sachs
24
Goldman Sachs
New York
$22.7M -$12.4M -459,154 -35%
Legal & General Group
25
Legal & General Group
United Kingdom
$22.7M -$1.52M -56,220 -6%

SCCO Hedge Fund Activity: Q4 2014 in Review

287 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q4 2014, worth a combined $2.53B — down 15% from $3B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new SCCO positions and 34 closed out — a net gain of 7 holders — while 79 added to existing stakes and 118 trimmed.

The largest buyer was Dupont Capital Management, opening a new position worth an estimated $74.3M. The largest seller was Thornburg Investment Management, exiting entirely with an estimated $124M sold.

  • 287 institutional investors held Southern Copper (SCCO) as of Q4 2014, up from 285 in Q3 2014.
  • Funds reported $2.53B of Southern Copper stock for Q4 2014, down 15% quarter-over-quarter.
  • 41 funds opened new Southern Copper positions in Q4 2014 and 34 closed out, a net change of +7 holders.
  • The largest Southern Copper buyer in Q4 2014 was Dupont Capital Management, an estimated $74.3M added.
  • The largest Southern Copper seller in Q4 2014 was Thornburg Investment Management, an estimated $124M sold.

Based on aggregated 13F filings for Q4 2014.