Southern Copper
SCCO
294 hedge funds and large institutions have $2.24B invested in Southern Copper in 2019 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 93 increasing their positions, 85 reducing their positions, and 25 closing their positions.
128% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 25
123% more call options, than puts
Call options by funds: $14.4M | Put options by funds: $6.47M
31% more capital invested
Capital invested by funds: $1.71B → $2.24B (+$535M)
12% more funds holding
Funds holding: 263 → 294 (+31)
9% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 85
0.39% more ownership
Funds ownership: 7.06% → 7.45% (+0.39%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$24.4M |
| 2 |
BlackRock
New York
|
+$19.3M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$18.5M |
| 4 |
Goldman Sachs
New York
|
+$16M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$16.5M |
| 2 |
Fisher Asset Management
Camas,
Washington
|
-$15.3M |
| 3 |
N
Natixis
Paris,
France
|
-$8.57M |
| 4 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$7.33M |
| 5 |
D.E. Shaw & Co
New York
|
-$6.76M |
SCCO Hedge Fund Activity: Q4 2019 in Review
294 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q4 2019, worth a combined $2.24B — up 31% from $1.71B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new SCCO positions and 25 closed out — a net gain of 32 holders — while 93 added to existing stakes and 85 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $24.4M. The largest seller was Morgan Stanley, cutting an estimated $16.5M.
- 294 institutional investors held Southern Copper (SCCO) as of Q4 2019, up from 263 in Q3 2019.
- Funds reported $2.24B of Southern Copper stock for Q4 2019, up 31% quarter-over-quarter.
- 57 funds opened new Southern Copper positions in Q4 2019 and 25 closed out, a net change of +32 holders.
- The largest Southern Copper buyer in Q4 2019 was Arrowstreet Capital, an estimated $24.4M added.
- The largest Southern Copper seller in Q4 2019 was Morgan Stanley, an estimated $16.5M sold.
Based on aggregated 13F filings for Q4 2019.