Southern Copper
SCCO
236 hedge funds and large institutions have $1.57B invested in Southern Copper in 2016 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 64 increasing their positions, 98 reducing their positions, and 36 closing their positions.
0.86% less ownership
Funds ownership: 8.84% → 7.98% (-0.86%)
4% less funds holding
Funds holding: 245 → 236 (-9)
6% less capital invested
Capital invested by funds: $1.66B → $1.57B (-$95.4M)
19% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 36
35% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 98
46% less call options, than puts
Call options by funds: $30.6M | Put options by funds: $56.5M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Marketfield Asset Management
New York
|
+$11M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$8.81M |
| 3 |
PP
PDT Partners
New York
|
+$6.04M |
| 4 |
PCA
Personal Capital Advisors
Redwood City,
California
|
+$3.22M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$47.1M |
| 2 |
BG
BlackRock Group
London,
United Kingdom
|
-$42.7M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$19.5M |
| 4 |
PAS
Point72 Asia (Singapore)
Singapore
|
-$18.3M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$17.2M |
SCCO Hedge Fund Activity: Q1 2016 in Review
236 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q1 2016, worth a combined $1.57B — down 5.7% from $1.66B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of SCCO and 29 opened new positions — a net loss of 7 holders — while 98 trimmed existing stakes and 64 added.
The largest buyer was Marketfield Asset Management, opening a new position worth an estimated $11M. The largest seller was BlackRock Advisors, cutting an estimated $47.1M.
- 236 institutional investors held Southern Copper (SCCO) as of Q1 2016, down from 245 in Q4 2015.
- Funds reported $1.57B of Southern Copper stock for Q1 2016, down 5.7% quarter-over-quarter.
- 29 funds opened new Southern Copper positions in Q1 2016 and 36 closed out, a net change of -7 holders.
- The largest Southern Copper buyer in Q1 2016 was Marketfield Asset Management, an estimated $11M added.
- The largest Southern Copper seller in Q1 2016 was BlackRock Advisors, an estimated $47.1M sold.
Based on aggregated 13F filings for Q1 2016.