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Southern Copper

253 hedge funds and large institutions have $2.41B invested in Southern Copper in 2015 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 54 increasing their positions, 112 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.54% less ownership

Funds ownership: 11.62%11.08% (-0.54%)

3% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 31

5% less capital invested

Capital invested by funds: $2.53B → $2.41B (-$124M)

2% less funds holding

Funds holding: 257253 (-4)

52% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 112

53% less call options, than puts

Call options by funds: $27.1M | Put options by funds: $57.4M

71% less funds holding in top 10

Funds holding in top 10: 72 (-5)

Holders
253
Holders Change
-4
Holders Change %
-1.56%
% of All Funds
6.82%
Holding in Top 10
2
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-71.43%
% of All Funds
0.05%
New
30
Increased
54
Reduced
112
Closed
31
Calls
$27.1M
Puts
$57.4M
Net Calls
-$30.3M
Net Calls Change
+$2.5M
Name Holding Trade Value Shares
Change
Change in
Stake
BG
1
BlackRock Group
United Kingdom
$300M +$7.77M +272,128 +3%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$245M +$16.4M +573,283 +7%
BA
3
BlackRock Advisors
Delaware
$194M +$2.03M +70,989 +1%
State Street
4
State Street
Massachusetts
$160M +$9.58M +335,444 +6%
BIT
5
BlackRock Institutional Trust
California
$101M -$6.71M -234,801 -6%
BFA
6
BlackRock Fund Advisors
California
$98.1M -$8.43M -295,023 -8%
Norges Bank
7
Norges Bank
Norway
$83.1M +$1.57M +54,930 +2%
PPA
8
Parametric Portfolio Associates
Washington
$63.3M -$11.4M -399,696 -15%
TCIM
9
TIAA CREF Investment Management
New York
$59.5M -$9.29M -325,237 -13%
Jennison Associates
10
Jennison Associates
New York
$54.8M +$2.65M +92,726 +5%
Deutsche Bank
11
Deutsche Bank
Germany
$52.8M -$6.6M -231,135 -11%
Northern Trust
12
Northern Trust
Illinois
$41.7M -$2.38M -83,315 -5%
DCM
13
Dupont Capital Management
Delaware
$41.3M -$24M -841,151 -36%
UBS AM
14
UBS AM
Illinois
$40.2M -$1.56M -54,511 -4%
Franklin Resources
15
Franklin Resources
California
$37.4M -$3.1M -108,410 -7%
CBOA
16
Commonwealth Bank of Australia
Australia
$36.1M -$7.21M -252,382 -16%
BIM
17
BlackRock Investment Management
Delaware
$31.4M -$1.57M -55,053 -5%
Goldman Sachs
18
Goldman Sachs
New York
$30.7M +$11.7M +408,330 +57%
Sumitomo Mitsui Trust Group
19
Sumitomo Mitsui Trust Group
Japan
$30.6M +$2.66M +93,088 +9%
Vanguard Group
20
Vanguard Group
Pennsylvania
$28.1M -$1.72M -60,056 -6%
Wellington Management Group
21
Wellington Management Group
Massachusetts
$25.4M +$19.4M +678,094 +267%
HSBC Holdings
22
HSBC Holdings
United Kingdom
$25.2M +$1.84M +64,248 +8%
Legal & General Group
23
Legal & General Group
United Kingdom
$23.1M -$322K -11,258 -1%
Ameriprise
24
Ameriprise
Minnesota
$22.6M +$14.4M +504,791 +156%
Bank of America
25
Bank of America
North Carolina
$22.1M +$1.9M +66,596 +9%

SCCO Hedge Fund Activity: Q2 2015 in Review

253 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q2 2015, worth a combined $2.41B — down 4.9% from $2.53B a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of SCCO and 30 opened new positions — a net loss of 1 holder — while 112 trimmed existing stakes and 54 added.

The largest buyer was Wellington Management Group, adding an estimated $19.4M. The largest seller was 3G Capital Partners, exiting entirely with an estimated $29.2M sold.

  • 253 institutional investors held Southern Copper (SCCO) as of Q2 2015, down from 257 in Q1 2015.
  • Funds reported $2.41B of Southern Copper stock for Q2 2015, down 4.9% quarter-over-quarter.
  • 30 funds opened new Southern Copper positions in Q2 2015 and 31 closed out, a net change of -1 holder.
  • The largest Southern Copper buyer in Q2 2015 was Wellington Management Group, an estimated $19.4M added.
  • The largest Southern Copper seller in Q2 2015 was 3G Capital Partners, an estimated $29.2M sold.

Based on aggregated 13F filings for Q2 2015.