Southern Copper
SCCO
284 hedge funds and large institutions have $2.51B invested in Southern Copper in 2018 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 93 increasing their positions, 90 reducing their positions, and 49 closing their positions.
60% more call options, than puts
Call options by funds: $17.3M | Put options by funds: $10.8M
3% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 90
0.14% less ownership
Funds ownership: 8.37% → 8.23% (-0.14%)
2% less funds holding
Funds holding: 290 → 284 (-6)
9% less capital invested
Capital invested by funds: $2.78B → $2.51B (-$262M)
10% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 49
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
+$155M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$48.1M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$34.5M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$33.5M |
| 5 |
JP Morgan Chase
New York
|
+$27.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$212M |
| 2 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$72.7M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$53.1M |
| 4 |
OC
Oakmont Corp
Los Angeles,
California
|
-$37.4M |
| 5 |
CF
Cypress Funds
Los Angeles,
California
|
-$35.5M |
SCCO Hedge Fund Activity: Q3 2018 in Review
284 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q3 2018, worth a combined $2.51B — down 9.5% from $2.78B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of SCCO and 44 opened new positions — a net loss of 5 holders — while 90 trimmed existing stakes and 93 added.
The largest buyer was Fisher Asset Management, adding an estimated $155M. The largest seller was Capital World Investors, exiting entirely with an estimated $212M sold.
- 284 institutional investors held Southern Copper (SCCO) as of Q3 2018, down from 290 in Q2 2018.
- Funds reported $2.51B of Southern Copper stock for Q3 2018, down 9.5% quarter-over-quarter.
- 44 funds opened new Southern Copper positions in Q3 2018 and 49 closed out, a net change of -5 holders.
- The largest Southern Copper buyer in Q3 2018 was Fisher Asset Management, an estimated $155M added.
- The largest Southern Copper seller in Q3 2018 was Capital World Investors, an estimated $212M sold.
Based on aggregated 13F filings for Q3 2018.