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Southern Copper

229 hedge funds and large institutions have $1.34B invested in Southern Copper in 2016 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 53 increasing their positions, 112 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.97% less ownership

Funds ownership: 7.89%6.92% (-0.97%)

3% less funds holding

Funds holding: 236229 (-7)

14% less capital invested

Capital invested by funds: $1.56B → $1.34B (-$226M)

17% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 30

21% less call options, than puts

Call options by funds: $17.7M | Put options by funds: $22.6M

53% less repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 112

Holders
229
Holders Change
-7
Holders Change %
-2.97%
% of All Funds
6.11%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.05%
New
25
Increased
53
Reduced
112
Closed
30
Calls
$17.7M
Puts
$22.6M
Net Calls
-$4.83M
Net Calls Change
+$21M
Name Holding Trade Value Shares
Change
Change in
Stake
BG
1
BlackRock Group
United Kingdom
$141M -$42.6M -1,683,946 -23%
State Street
2
State Street
Massachusetts
$96.9M -$38.9M -1,536,755 -28%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$92.9M +$20.9M +824,245 +29%
BFA
4
BlackRock Fund Advisors
California
$74.8M -$23.4M -923,565 -24%
Norges Bank
5
Norges Bank
Norway
$56.2M -$4.82M -190,168 -8%
BIT
6
BlackRock Institutional Trust
California
$50.7M -$34.1M -1,348,127 -40%
PPA
7
Parametric Portfolio Associates
Washington
$45.7M -$5.76M -227,411 -11%
Jennison Associates
8
Jennison Associates
New York
$33.5M -$1.71M -67,345 -5%
Northern Trust
9
Northern Trust
Illinois
$33M -$8.53M -336,819 -20%
CBOA
10
Commonwealth Bank of Australia
Australia
$23.9M -$8.78M -346,591 -27%
Arrowstreet Capital
11
Arrowstreet Capital
Massachusetts
$23.3M +$23.6M +930,434 New
Point72 Asset Management
12
Point72 Asset Management
Connecticut
$21.4M +$21.7M +855,095 New
WRF
13
Waddell & Reed Financial
Kansas
$21M +$3.77M +148,916 +22%
TCIM
14
TIAA CREF Investment Management
New York
$21M -$7.21M -284,840 -25%
Legal & General Group
15
Legal & General Group
United Kingdom
$20.7M -$1.75M -69,187 -8%
Vanguard Group
16
Vanguard Group
Pennsylvania
$20.6M -$10.5M -412,769 -33%
California Public Employees Retirement System
17
California Public Employees Retirement System
California
$18.8M -$216K -8,522 -1%
PAS
18
Point72 Asia (Singapore)
Singapore
$18.2M +$18.4M +728,131 New
Millennium Management
19
Millennium Management
New York
$18.1M +$18.3M +724,358 New
Goldman Sachs
20
Goldman Sachs
New York
$18.1M +$3.29M +130,062 +22%
Deutsche Bank
21
Deutsche Bank
Germany
$18.1M -$8.06M -318,139 -31%
PCA
22
Personal Capital Advisors
California
$16.9M +$1.59M +62,603 +10%
Allianz Asset Management
23
Allianz Asset Management
Germany
$16.4M +$367K +14,473 +2%
Franklin Resources
24
Franklin Resources
California
$15.8M -$229K -9,061 -1%
BIM
25
BlackRock Investment Management
Delaware
$14.6M -$5.24M -207,054 -26%

SCCO Hedge Fund Activity: Q2 2016 in Review

229 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q2 2016, worth a combined $1.34B — down 14% from $1.56B a quarter earlier.

Sellers outnumbered buyers: 30 funds closed out of SCCO and 25 opened new positions — a net loss of 5 holders — while 112 trimmed existing stakes and 53 added.

The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $23.6M. The largest seller was BlackRock Advisors, cutting an estimated $46.5M.

  • 229 institutional investors held Southern Copper (SCCO) as of Q2 2016, down from 236 in Q1 2016.
  • Funds reported $1.34B of Southern Copper stock for Q2 2016, down 14% quarter-over-quarter.
  • 25 funds opened new Southern Copper positions in Q2 2016 and 30 closed out, a net change of -5 holders.
  • The largest Southern Copper buyer in Q2 2016 was Arrowstreet Capital, an estimated $23.6M added.
  • The largest Southern Copper seller in Q2 2016 was BlackRock Advisors, an estimated $46.5M sold.

Based on aggregated 13F filings for Q2 2016.