Southern Copper
SCCO
620 hedge funds and large institutions have $7.18B invested in Southern Copper in 2024 Q2 according to their latest regulatory filings, with 108 funds opening new positions, 225 increasing their positions, 236 reducing their positions, and 55 closing their positions.
96% more first-time investments, than exits
New positions opened: 108 | Existing positions closed: 55
13% more call options, than puts
Call options by funds: $153M | Put options by funds: $136M
8% more funds holding
Funds holding: 576 → 620 (+44)
0.19% less ownership
Funds ownership: 8.72% → 8.53% (-0.19%)
5% less repeat investments, than reductions
Existing positions increased: 225 | Existing positions reduced: 236
12% less capital inflows, than outflows
Capital inflows: $858M | Capital outflows: $977M
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$109M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$103M |
| 3 |
Los Angeles Capital Management
Los Angeles,
California
|
+$46.7M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$37.4M |
| 5 |
Temasek Holdings
Singapore
|
+$26.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$175M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$152M |
| 3 |
JP Morgan Chase
New York
|
-$62.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$56.2M |
| 5 |
BlackRock
New York
|
-$48.6M |
SCCO Hedge Fund Activity: Q2 2024 in Review
620 of the 6,940 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q2 2024, worth a combined $7.18B — up 0.66% from $7.13B a quarter earlier.
Buyers outnumbered sellers: 108 funds opened new SCCO positions and 55 closed out — a net gain of 53 holders — while 225 added to existing stakes and 236 trimmed.
The largest buyer was Capital World Investors, adding an estimated $109M. The largest seller was Mirae Asset Global Investments, cutting an estimated $175M.
- 620 institutional investors held Southern Copper (SCCO) as of Q2 2024, up from 576 in Q1 2024.
- Funds reported $7.18B of Southern Copper stock for Q2 2024, up 0.66% quarter-over-quarter.
- 108 funds opened new Southern Copper positions in Q2 2024 and 55 closed out, a net change of +53 holders.
- The largest Southern Copper buyer in Q2 2024 was Capital World Investors, an estimated $109M added.
- The largest Southern Copper seller in Q2 2024 was Mirae Asset Global Investments, an estimated $175M sold.
Based on aggregated 13F filings for Q2 2024.