Southern Copper
SCCO
623 hedge funds and large institutions have $7.58B invested in Southern Copper in 2024 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 232 increasing their positions, 273 reducing their positions, and 61 closing their positions.
34% more call options, than puts
Call options by funds: $147M | Put options by funds: $110M
15% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 61
6% more capital invested
Capital invested by funds: $7.18B → $7.58B (+$409M)
1% more funds holding
Funds holding: 619 → 623 (+4)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
0.25% less ownership
Funds ownership: 9.22% → 8.97% (-0.25%)
15% less repeat investments, than reductions
Existing positions increased: 232 | Existing positions reduced: 273
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$66.2M |
| 2 |
JP Morgan Chase
New York
|
+$62.2M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$57.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$54.4M |
| 5 |
D.E. Shaw & Co
New York
|
+$50.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$299M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$90.3M |
| 3 |
Neuberger Berman Group
New York
|
-$36.4M |
| 4 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$33.4M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$32.5M |
SCCO Hedge Fund Activity: Q3 2024 in Review
623 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q3 2024, worth a combined $7.58B — up 5.7% from $7.18B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new SCCO positions and 61 closed out — a net gain of 9 holders — while 232 added to existing stakes and 273 trimmed.
The largest buyer was Marshall Wace, adding an estimated $66.2M. The largest seller was T. Rowe Price Associates, cutting an estimated $299M.
- 623 institutional investors held Southern Copper (SCCO) as of Q3 2024, up from 619 in Q2 2024.
- Funds reported $7.58B of Southern Copper stock for Q3 2024, up 5.7% quarter-over-quarter.
- 70 funds opened new Southern Copper positions in Q3 2024 and 61 closed out, a net change of +9 holders.
- The largest Southern Copper buyer in Q3 2024 was Marshall Wace, an estimated $66.2M added.
- The largest Southern Copper seller in Q3 2024 was T. Rowe Price Associates, an estimated $299M sold.
Based on aggregated 13F filings for Q3 2024.