Southern Copper
SCCO
420 hedge funds and large institutions have $3.63B invested in Southern Copper in 2021 Q2 according to their latest regulatory filings, with 85 funds opening new positions, 133 increasing their positions, 134 reducing their positions, and 77 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
10% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 77
1% more funds holding
Funds holding: 415 → 420 (+5)
0.49% less ownership
Funds ownership: 8.48% → 7.98% (-0.49%)
1% less repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 134
11% less capital invested
Capital invested by funds: $4.07B → $3.63B (-$439M)
43% less call options, than puts
Call options by funds: $87.2M | Put options by funds: $153M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$47.8M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$40.4M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$35.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$31.9M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$116M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$68.5M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$61.8M |
| 4 |
State Street
Boston,
Massachusetts
|
-$38.5M |
| 5 |
Goldman Sachs
New York
|
-$35.5M |
SCCO Hedge Fund Activity: Q2 2021 in Review
420 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q2 2021, worth a combined $3.63B — down 11% from $4.07B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new SCCO positions and 77 closed out — a net gain of 8 holders — while 133 added to existing stakes and 134 trimmed.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $47.8M. The largest seller was Fidelity International, cutting an estimated $116M.
- 420 institutional investors held Southern Copper (SCCO) as of Q2 2021, up from 415 in Q1 2021.
- Funds reported $3.63B of Southern Copper stock for Q2 2021, down 11% quarter-over-quarter.
- 85 funds opened new Southern Copper positions in Q2 2021 and 77 closed out, a net change of +8 holders.
- The largest Southern Copper buyer in Q2 2021 was Renaissance Technologies, an estimated $47.8M added.
- The largest Southern Copper seller in Q2 2021 was Fidelity International, an estimated $116M sold.
Based on aggregated 13F filings for Q2 2021.