Southern Copper
SCCO
218 hedge funds and large institutions have $1.1B invested in Southern Copper in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 66 increasing their positions, 93 reducing their positions, and 26 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.1% less ownership
Funds ownership: 7% → 5.9% (-1.1%)
5% less funds holding
Funds holding: 229 → 218 (-11)
18% less capital invested
Capital invested by funds: $1.34B → $1.1B (-$241M)
29% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 93
31% less call options, than puts
Call options by funds: $14.1M | Put options by funds: $20.6M
35% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$8.14M |
| 2 |
DA
Denali Advisors
San Diego,
California
|
+$8.11M |
| 3 |
Renaissance Technologies
New York
|
+$6.5M |
| 4 |
HP
Hosking Partners
London,
United Kingdom
|
+$6.2M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$4.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
BlackRock Group
London,
United Kingdom
|
-$87.5M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$39.4M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$21.4M |
| 4 |
PAS
Point72 Asia (Singapore)
Singapore
|
-$18.2M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$16.4M |
SCCO Hedge Fund Activity: Q3 2016 in Review
218 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q3 2016, worth a combined $1.1B — down 18% from $1.34B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of SCCO and 17 opened new positions — a net loss of 9 holders — while 93 trimmed existing stakes and 66 added.
The largest buyer was Sumitomo Mitsui Trust Group, adding an estimated $8.14M. The largest seller was BlackRock Group, cutting an estimated $87.5M.
- 218 institutional investors held Southern Copper (SCCO) as of Q3 2016, down from 229 in Q2 2016.
- Funds reported $1.1B of Southern Copper stock for Q3 2016, down 18% quarter-over-quarter.
- 17 funds opened new Southern Copper positions in Q3 2016 and 26 closed out, a net change of -9 holders.
- The largest Southern Copper buyer in Q3 2016 was Sumitomo Mitsui Trust Group, an estimated $8.14M added.
- The largest Southern Copper seller in Q3 2016 was BlackRock Group, an estimated $87.5M sold.
Based on aggregated 13F filings for Q3 2016.