Southern Copper
SCCO
237 hedge funds and large institutions have $1.98B invested in Southern Copper in 2017 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 77 increasing their positions, 87 reducing their positions, and 14 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
107% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 14
55% more call options, than puts
Call options by funds: $36.1M | Put options by funds: $23.3M
23% more capital invested
Capital invested by funds: $1.61B → $1.98B (+$376M)
5% more funds holding
Funds holding: 226 → 237 (+11)
0.49% more ownership
Funds ownership: 6.56% → 7.05% (+0.49%)
11% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 87
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$41.5M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$33.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$32.9M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$28.4M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$29.7M |
| 2 |
BlackRock
New York
|
-$28.7M |
| 3 |
AI
Axiom Investors
Greenwich,
Connecticut
|
-$12M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$6.77M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$6.52M |
SCCO Hedge Fund Activity: Q3 2017 in Review
237 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q3 2017, worth a combined $1.98B — up 23% from $1.61B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new SCCO positions and 14 closed out — a net gain of 15 holders — while 77 added to existing stakes and 87 trimmed.
The largest buyer was William Blair Investment Management, opening a new position worth an estimated $41.5M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $29.7M.
- 237 institutional investors held Southern Copper (SCCO) as of Q3 2017, up from 226 in Q2 2017.
- Funds reported $1.98B of Southern Copper stock for Q3 2017, up 23% quarter-over-quarter.
- 29 funds opened new Southern Copper positions in Q3 2017 and 14 closed out, a net change of +15 holders.
- The largest Southern Copper buyer in Q3 2017 was William Blair Investment Management, an estimated $41.5M added.
- The largest Southern Copper seller in Q3 2017 was Manulife (Manufacturers Life Insurance), an estimated $29.7M sold.
Based on aggregated 13F filings for Q3 2017.