Southern Copper
SCCO
420 hedge funds and large institutions have $2.46B invested in Southern Copper in 2022 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 180 increasing their positions, 128 reducing their positions, and 63 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 180 | Existing positions reduced: 128
16% more call options, than puts
Call options by funds: $68M | Put options by funds: $58.4M
0.02% less ownership
Funds ownership: 7.68% → 7.66% (-0.02%)
6% less funds holding
Funds holding: 446 → 420 (-26)
10% less capital invested
Capital invested by funds: $2.74B → $2.46B (-$278M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
37% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$34.1M |
| 2 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$27.3M |
| 3 |
Millennium Management
New York
|
+$22.8M |
| 4 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$17.1M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$14.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$37.2M |
| 2 |
BlackRock
New York
|
-$23.5M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$17.9M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$16.2M |
| 5 |
Neuberger Berman Group
New York
|
-$16.2M |
SCCO Hedge Fund Activity: Q3 2022 in Review
420 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q3 2022, worth a combined $2.46B — down 10% from $2.74B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of SCCO and 40 opened new positions — a net loss of 23 holders — while 128 trimmed existing stakes and 180 added.
The largest buyer was JP Morgan Chase, adding an estimated $34.1M. The largest seller was Acadian Asset Management, exiting entirely with an estimated $37.2M sold.
- 420 institutional investors held Southern Copper (SCCO) as of Q3 2022, down from 446 in Q2 2022.
- Funds reported $2.46B of Southern Copper stock for Q3 2022, down 10% quarter-over-quarter.
- 40 funds opened new Southern Copper positions in Q3 2022 and 63 closed out, a net change of -23 holders.
- The largest Southern Copper buyer in Q3 2022 was JP Morgan Chase, an estimated $34.1M added.
- The largest Southern Copper seller in Q3 2022 was Acadian Asset Management, an estimated $37.2M sold.
Based on aggregated 13F filings for Q3 2022.