Southern Copper
SCCO
489 hedge funds and large institutions have $4.61B invested in Southern Copper in 2023 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 173 increasing their positions, 163 reducing their positions, and 56 closing their positions.
16% more call options, than puts
Call options by funds: $106M | Put options by funds: $92.1M
10% more capital invested
Capital invested by funds: $4.2B → $4.61B (+$408M)
6% more repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 163
0.39% more ownership
Funds ownership: 8.26% → 8.65% (+0.39%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
9% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 56
2% less funds holding
Funds holding: 501 → 489 (-12)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$388M |
| 2 |
Neuberger Berman Group
New York
|
+$42.2M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$21.3M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$12.5M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$8.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$49.1M |
| 2 |
JP Morgan Chase
New York
|
-$32.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$27.1M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
-$20.3M |
| 5 |
BlackRock
New York
|
-$20.2M |
SCCO Hedge Fund Activity: Q3 2023 in Review
489 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q3 2023, worth a combined $4.61B — up 9.7% from $4.2B a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of SCCO and 51 opened new positions — a net loss of 5 holders — while 163 trimmed existing stakes and 173 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $388M. The largest seller was Goldman Sachs, cutting an estimated $49.1M.
- 489 institutional investors held Southern Copper (SCCO) as of Q3 2023, down from 501 in Q2 2023.
- Funds reported $4.61B of Southern Copper stock for Q3 2023, up 9.7% quarter-over-quarter.
- 51 funds opened new Southern Copper positions in Q3 2023 and 56 closed out, a net change of -5 holders.
- The largest Southern Copper buyer in Q3 2023 was T. Rowe Price Associates, an estimated $388M added.
- The largest Southern Copper seller in Q3 2023 was Goldman Sachs, an estimated $49.1M sold.
Based on aggregated 13F filings for Q3 2023.