Southern Copper
SCCO
226 hedge funds and large institutions have $1.61B invested in Southern Copper in 2017 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 75 increasing their positions, 86 reducing their positions, and 33 closing their positions.
53% more call options, than puts
Call options by funds: $33.6M | Put options by funds: $21.9M
0.45% less ownership
Funds ownership: 7.01% → 6.56% (-0.45%)
6% less funds holding
Funds holding: 241 → 226 (-15)
10% less capital invested
Capital invested by funds: $1.78B → $1.61B (-$174M)
13% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 86
42% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 33
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$24.3M |
| 2 |
3CP
3G Capital Partners
New York
|
+$10.5M |
| 3 |
D.E. Shaw & Co
New York
|
+$6.05M |
| 4 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
+$5.9M |
| 5 |
Janus Henderson Group
London,
|
+$5.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$43.3M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$23.6M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$20.1M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$13.5M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$12.3M |
SCCO Hedge Fund Activity: Q2 2017 in Review
226 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q2 2017, worth a combined $1.61B — down 9.8% from $1.78B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of SCCO and 19 opened new positions — a net loss of 14 holders — while 86 trimmed existing stakes and 75 added.
The largest buyer was Prudential Financial, adding an estimated $24.3M. The largest seller was Parametric Portfolio Associates, cutting an estimated $43.3M.
- 226 institutional investors held Southern Copper (SCCO) as of Q2 2017, down from 241 in Q1 2017.
- Funds reported $1.61B of Southern Copper stock for Q2 2017, down 9.8% quarter-over-quarter.
- 19 funds opened new Southern Copper positions in Q2 2017 and 33 closed out, a net change of -14 holders.
- The largest Southern Copper buyer in Q2 2017 was Prudential Financial, an estimated $24.3M added.
- The largest Southern Copper seller in Q2 2017 was Parametric Portfolio Associates, an estimated $43.3M sold.
Based on aggregated 13F filings for Q2 2017.