Southern Copper
SCCO
625 hedge funds and large institutions have $7.59B invested in Southern Copper in 2024 Q3 according to their latest regulatory filings, with 71 funds opening new positions, 233 increasing their positions, 272 reducing their positions, and 61 closing their positions.
34% more call options, than puts
Call options by funds: $147M | Put options by funds: $110M
16% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 61
1% more funds holding
Funds holding: 620 → 625 (+5)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
0.18% less ownership
Funds ownership: 8.53% → 8.35% (-0.18%)
14% less repeat investments, than reductions
Existing positions increased: 233 | Existing positions reduced: 272
17% less capital inflows, than outflows
Capital inflows: $668M | Capital outflows: $808M
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
625 of the 6,989 institutional investors tracked by Wall St. Rank reported a position in Southern Copper (SCCO) for Q3 2024, worth a combined $7.59B — up 5.7% from $7.18B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new SCCO positions and 61 closed out — a net gain of 10 holders — while 233 added to existing stakes and 272 trimmed.
The largest buyer was Marshall Wace, adding an estimated $66.2M. The largest seller was T. Rowe Price Associates, cutting an estimated $299M.
- 625 institutional investors held Southern Copper (SCCO) as of Q3 2024, up from 620 in Q2 2024.
- Funds reported $7.59B of Southern Copper stock for Q3 2024, up 5.7% quarter-over-quarter.
- 71 funds opened new Southern Copper positions in Q3 2024 and 61 closed out, a net change of +10 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.