Southern Copper
SCCO
257 hedge funds and large institutions have $2.53B invested in Southern Copper in 2015 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 73 increasing their positions, 110 reducing their positions, and 50 closing their positions.
250% more funds holding in top 10
Funds holding in top 10: 2 → 7 (+5)
0% less capital invested
Capital invested by funds: $2.54B → $2.53B (-$4.12M)
0.26% less ownership
Funds ownership: 12.01% → 11.76% (-0.26%)
10% less funds holding
Funds holding: 287 → 257 (-30)
34% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 110
51% less call options, than puts
Call options by funds: $31.7M | Put options by funds: $64.5M
56% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$26.7M |
| 2 |
BG
BlackRock Group
London,
United Kingdom
|
+$20.8M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$19.8M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$17.7M |
| 5 |
3CP
3G Capital Partners
New York
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$33.9M |
| 2 |
PC
Passport Capital
San Francisco,
California
|
-$17.1M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$14.5M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$14.5M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$13.8M |
SCCO Hedge Fund Activity: Q1 2015 in Review
257 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q1 2015, worth a combined $2.53B — down 0.16% from $2.54B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of SCCO and 22 opened new positions — a net loss of 28 holders — while 110 trimmed existing stakes and 73 added.
The largest buyer was Jennison Associates, adding an estimated $26.7M. The largest seller was Prudential Financial, cutting an estimated $33.9M.
- 257 institutional investors held Southern Copper (SCCO) as of Q1 2015, down from 287 in Q4 2014.
- Funds reported $2.53B of Southern Copper stock for Q1 2015, down 0.16% quarter-over-quarter.
- 22 funds opened new Southern Copper positions in Q1 2015 and 50 closed out, a net change of -28 holders.
- The largest Southern Copper buyer in Q1 2015 was Jennison Associates, an estimated $26.7M added.
- The largest Southern Copper seller in Q1 2015 was Prudential Financial, an estimated $33.9M sold.
Based on aggregated 13F filings for Q1 2015.