Southern Copper
SCCO
241 hedge funds and large institutions have $2.06B invested in Southern Copper in 2015 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 76 increasing their positions, 95 reducing their positions, and 35 closing their positions.
0.62% less ownership
Funds ownership: 11.21% → 10.59% (-0.62%)
5% less funds holding
Funds holding: 253 → 241 (-12)
14% less capital invested
Capital invested by funds: $2.41B → $2.06B (-$346M)
20% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 95
26% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 35
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
62% less call options, than puts
Call options by funds: $22M | Put options by funds: $58.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$48.7M |
| 2 |
New York State Common Retirement Fund
Albany,
New York
|
+$4.1M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
+$4.09M |
| 4 |
D.E. Shaw & Co
New York
|
+$3.54M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Dupont Capital Management
Wilmington,
Delaware
|
-$41.3M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
-$20.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$20.2M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$19.9M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$12.5M |
SCCO Hedge Fund Activity: Q3 2015 in Review
241 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q3 2015, worth a combined $2.06B — down 14% from $2.41B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of SCCO and 26 opened new positions — a net loss of 9 holders — while 95 trimmed existing stakes and 76 added.
The largest buyer was Point72 Asset Management, opening a new position worth an estimated $48.7M. The largest seller was Dupont Capital Management, exiting entirely with an estimated $41.3M sold.
- 241 institutional investors held Southern Copper (SCCO) as of Q3 2015, down from 253 in Q2 2015.
- Funds reported $2.06B of Southern Copper stock for Q3 2015, down 14% quarter-over-quarter.
- 26 funds opened new Southern Copper positions in Q3 2015 and 35 closed out, a net change of -9 holders.
- The largest Southern Copper buyer in Q3 2015 was Point72 Asset Management, an estimated $48.7M added.
- The largest Southern Copper seller in Q3 2015 was Dupont Capital Management, an estimated $41.3M sold.
Based on aggregated 13F filings for Q3 2015.