Southern Copper
SCCO
297 hedge funds and large institutions have $1.72B invested in Southern Copper in 2018 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 86 increasing their positions, 108 reducing their positions, and 38 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
39% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 38
5% more funds holding
Funds holding: 284 → 297 (+13)
0.33% less ownership
Funds ownership: 8.23% → 7.9% (-0.33%)
20% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 108
30% less call options, than puts
Call options by funds: $10.7M | Put options by funds: $15.4M
32% less capital invested
Capital invested by funds: $2.51B → $1.72B (-$795M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$27.9M |
| 2 |
State Street
Boston,
Massachusetts
|
+$17M |
| 3 |
HCM
Highline Capital Management
New York
|
+$14.2M |
| 4 |
Renaissance Technologies
New York
|
+$8.14M |
| 5 |
Millennium Management
New York
|
+$7.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$57.6M |
| 2 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$40.8M |
| 3 |
AI
Axiom Investors
Greenwich,
Connecticut
|
-$27.3M |
| 4 |
Janus Henderson Group
London,
|
-$19.4M |
| 5 |
JP Morgan Chase
New York
|
-$14.5M |
SCCO Hedge Fund Activity: Q4 2018 in Review
297 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q4 2018, worth a combined $1.72B — down 32% from $2.51B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new SCCO positions and 38 closed out — a net gain of 15 holders — while 86 added to existing stakes and 108 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $27.9M. The largest seller was Acadian Asset Management, cutting an estimated $57.6M.
- 297 institutional investors held Southern Copper (SCCO) as of Q4 2018, up from 284 in Q3 2018.
- Funds reported $1.72B of Southern Copper stock for Q4 2018, down 32% quarter-over-quarter.
- 53 funds opened new Southern Copper positions in Q4 2018 and 38 closed out, a net change of +15 holders.
- The largest Southern Copper buyer in Q4 2018 was Morgan Stanley, an estimated $27.9M added.
- The largest Southern Copper seller in Q4 2018 was Acadian Asset Management, an estimated $57.6M sold.
Based on aggregated 13F filings for Q4 2018.