Southern Copper
SCCO
263 hedge funds and large institutions have $1.71B invested in Southern Copper in 2019 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 105 increasing their positions, 83 reducing their positions, and 54 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
27% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 83
4% more call options, than puts
Call options by funds: $13.3M | Put options by funds: $12.8M
0.33% less ownership
Funds ownership: 7.39% → 7.06% (-0.33%)
12% less funds holding
Funds holding: 298 → 263 (-35)
15% less capital invested
Capital invested by funds: $2.01B → $1.71B (-$300M)
65% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$22.8M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$21.1M |
| 3 |
Morgan Stanley
New York
|
+$18M |
| 4 |
JP Morgan Chase
New York
|
+$12.7M |
| 5 |
Man Group
London,
United Kingdom
|
+$6.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Los Angeles Capital Management
Los Angeles,
California
|
-$23.2M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$20.7M |
| 3 |
BlackRock
New York
|
-$16.7M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$16.6M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$14.8M |
SCCO Hedge Fund Activity: Q3 2019 in Review
263 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q3 2019, worth a combined $1.71B — down 15% from $2.01B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of SCCO and 19 opened new positions — a net loss of 35 holders — while 83 trimmed existing stakes and 105 added.
The largest buyer was Neuberger Berman Group, adding an estimated $22.8M. The largest seller was Los Angeles Capital Management, cutting an estimated $23.2M.
- 263 institutional investors held Southern Copper (SCCO) as of Q3 2019, down from 298 in Q2 2019.
- Funds reported $1.71B of Southern Copper stock for Q3 2019, down 15% quarter-over-quarter.
- 19 funds opened new Southern Copper positions in Q3 2019 and 54 closed out, a net change of -35 holders.
- The largest Southern Copper buyer in Q3 2019 was Neuberger Berman Group, an estimated $22.8M added.
- The largest Southern Copper seller in Q3 2019 was Los Angeles Capital Management, an estimated $23.2M sold.
Based on aggregated 13F filings for Q3 2019.