ERO COPPER CORP ERO
COM · Common Stock · CUSIP 296006109 · ISIN CA2960061091
- SectorMaterials
- IndustryMetal Mining
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.8m this quarter). Holder counts are more reliable. Shares outstanding: 103.6m as of 2024-12-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $12.11. Options: 10 managers hold calls ($6.0m notional), 9 hold puts ($4.3m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 74 |
| Q4 2022 | 80 |
| Q1 2023 | 89 |
| Q2 2023 | 92 |
| Q3 2023 | 88 |
| Q4 2023 | 102 |
| Q1 2024 | 103 |
| Q2 2024 | 107 |
| Q3 2024 | 114 |
| Q4 2024 | 123 |
| Q1 2025 | 123 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 49 | 40 |
| Q3 2023 | 41 | 46 |
| Q4 2023 | 72 | 32 |
| Q1 2024 | 50 | 52 |
| Q2 2024 | 60 | 55 |
| Q3 2024 | 70 | 43 |
| Q4 2024 | 76 | 50 |
| Q1 2025 | 72 | 58 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $34.3m | $8.7m | 0.25 |
| Q3 2024 | $45.7m | $14.5m | 0.32 |
| Q4 2024 | $6.7m | $5.7m | 0.85 |
| Q1 2025 | $6.0m | $4.3m | 0.71 |
Biggest buyers
| GMT Capital Corp | Added | +1.3m |
| FIL Ltd | Added | +872.6k |
| Connor, Clark & Lunn Investment Management Ltd. | New | +742.4k |
| TD Asset Management Inc | Added | +655.2k |
| BANK OF AMERICA CORP /DE/ | Added | +559.4k |
| SPROTT INC. | Added | +292.9k |
| DECADE RENEWABLE PARTNERS LP | Added | +275.1k |
| AMERIPRISE FINANCIAL INC | New | +230.5k |
| FRONTIER CAPITAL MANAGEMENT CO LLC | Added | +157.4k |
| GOLDMAN SACHS GROUP INC | Added | +124.2k |
Biggest sellers
| JENNISON ASSOCIATES LLC | Reduced | -682.2k |
| 683 Capital Management, LLC | Reduced | -667.9k |
| T. Rowe Price Investment Management, Inc. | Sold out | -604.1k |
| AMERICAN CENTURY COMPANIES INC | Sold out | -599.6k |
| Boston Partners | Reduced | -454.7k |
| Invesco Ltd. | Reduced | -409.4k |
| Goehring & Rozencwajg Associates, LLC | Sold out | -349.8k |
| UBS Group AG | Reduced | -311.7k |
| BANK OF MONTREAL /CAN/ | Reduced | -298.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -272.6k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $2.1m172.5k shares |
| GROUP ONE TRADING LLC | Added | $832.6k68.7k shares |
| SIMPLEX TRADING, LLC | Added | $822.0k67.9k shares |
| Walleye Capital LLC | Added | $658.1k54.3k shares |
| WOLVERINE TRADING, LLC | New | $640.2k52.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $530.9k43.8k shares |
| JANE STREET GROUP, LLC | Reduced | $215.7k17.8k shares |
| Walleye Trading LLC | New | $133.3k11.0k shares |
| PEAK6 LLC | Reduced | $71.5k5.9k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $1.9m157.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $893.2k73.7k shares |
| JANE STREET GROUP, LLC | Added | $631.3k52.1k shares |
| GROUP ONE TRADING LLC | Added | $315.1k26.0k shares |
| PEAK6 LLC | Unchanged | $177.0k14.6k shares |
| Walleye Trading LLC | New | $174.5k14.4k shares |
| Walleye Capital LLC | Added | $121.2k10.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $49.0k4.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| FIL Ltd 13G · institution -1.1 pts · filed 2026-08-06 | 8.9% |
Fell to 5% or below in the last year: FMR LLC (4.3%, 2026-08-06), GMT CAPITAL CORP (4.3%, 2026-02-13)
Insider purchases and sales in Q1 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.01% of their portfolio | 11.9m $143.9m | Added +848 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 8.8m $107.1m | Reduced -272.6k |
| GMT Capital Corp 4.46% of their portfolio | 6.9m $83.9m | Added +1.3m |
| JENNISON ASSOCIATES LLC 0.04% of their portfolio | 5.2m $63.3m | Reduced -682.2k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.09% of their portfolio | 3.6m $43.7m | Added +80.4k |
| Invesco Ltd. 0.01% of their portfolio | 3.5m $42.2m | Reduced -409.4k |
| FIL Ltd 0.04% of their portfolio | 3.4m $40.8m | Added +872.6k |
| 683 Capital Management, LLC 2.21% of their portfolio | 1.8m $21.8m | Reduced -667.9k |
| Impala Asset Management LLC 15.55% of their portfolio | 1.6m $20.2m | Reduced -89.2k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.15% of their portfolio | 1.1m $13.5m | Added +157.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 972.3k $11.8m | Added +559.4k |
| TD Asset Management Inc 0.01% of their portfolio | 935.1k $11.3m | Added +655.2k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 811.2k $9.8m | Added +41.4k |
| Bridgewater Associates, LP 0.04% of their portfolio | 789.3k $9.6m | Reduced -28.9k |
| MONTRUSCO BOLTON INVESTMENTS INC. 0.12% of their portfolio | 781.9k $9.5m | Added +6.6k |
| SPROTT INC. 0.54% of their portfolio | 748.2k $9.1m | Added +292.9k |
| Connor, Clark & Lunn Investment Management Ltd. 0.04% of their portfolio | 742.4k $9.0m | New |
| DECADE RENEWABLE PARTNERS LP 6.68% of their portfolio | 721.7k $8.7m | Added +275.1k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 686.2k $8.3m | Unchanged |
| Boston Partners 0.01% of their portfolio | 646.6k $7.8m | Reduced -454.7k |
| Temasek Holdings (Private) Ltd 0.03% of their portfolio | 643.2k $7.8m | Added +50.4k |
| Amundi 0.00% of their portfolio | 617.8k $7.0m | Added +38.9k |
| Kapitalo Investimentos Ltda 1.42% of their portfolio | 578.7k $7.0m | Reduced -49 |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 429.9k $5.2m | Reduced -298.7k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 387.8k $4.7m | Added +79.7k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 314.8k $3.8m | Added +65.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 284.6k $3.5m | Reduced -49.0k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 282.1k $3.4m | Reduced -211.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 275.6k $3.3m | Added +124.2k |
| SCOTIA CAPITAL INC. 0.02% of their portfolio | 269.9k $3.2m | Added +7.5k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 230.5k $4.0m | New |
| Swiss National Bank 0.00% of their portfolio | 191.3k $2.3m | Reduced -2.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 188.4k $2.3m | Added +4.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 125.1k $1.5m | Reduced -135.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 124.0k $1.5m | Added +54.5k |
| PenderFund Capital Management Ltd. 0.11% of their portfolio | 123.5k $356.0k | Added +836 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 119.8k $1.5m | Added +3.2k |
| CIBC Asset Management Inc 0.00% of their portfolio | 116.9k $1.4m | Reduced -1.1k |
| Groupe la Francaise 0.03% of their portfolio | 100.0k $1.3m | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 98.6k $1.2m | Added +47.7k |
| RENAISSANCE GROUP LLC 0.05% of their portfolio | 98.3k $1.2m | Reduced -19.4k |
| Legal & General Group Plc 0.00% of their portfolio | 96.7k $1.2m | Added +3.5k |
| WINCAP FINANCIAL LLC 1.11% of their portfolio | 96.5k $1.2m | Added +21.9k |
| UBS Group AG 0.00% of their portfolio | 94.6k $1.1m | Reduced -311.7k |
| MORGAN STANLEY 0.00% of their portfolio | 85.3k $1.0m | Reduced -66.9k |
| Ninepoint Partners LP 0.18% of their portfolio | 85.0k $1.0m | New |
| Nuveen, LLC 0.00% of their portfolio | 84.6k $1.0m | First filing |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 81.6k $989.0k | Reduced -40.5k |
| VANGUARD GROUP INC 0.00% of their portfolio | 78.7k $953.5k | Unchanged |
| CoreCommodity Management, LLC 0.15% of their portfolio | 78.5k $951.4k | Added +29.9k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 68.1k $818.0k | Added +591 |
| Alberta Investment Management Corp 0.01% of their portfolio | 67.7k $819.9k | Added +15.2k |
| MAVERICK CAPITAL LTD 0.01% of their portfolio | 66.5k $806.1k | New |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 64.5k $781.1k | Reduced -9.1k |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 60.3k $714.1k | Reduced -16.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 58.3k $706.0k | Added +9.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 55.1k $667.8k | Added +3.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 53.3k $652.0k | Added +4.7k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.00% of their portfolio | 52.8k $640.2k | Added +10.8k |
| Pinpoint Asset Management Ltd 0.11% of their portfolio | 52.0k $630.3k | Reduced -22.3k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 50.9k $616.0k | Reduced -91.3k |
| BlackRock, Inc. 0.00% of their portfolio | 49.9k $604.4k | New |
| BARCLAYS PLC 0.00% of their portfolio | 45.9k $556.7k | Reduced -1.4k |
| Aigen Investment Management, LP 0.12% of their portfolio | 44.3k $771.3k | Reduced -7.9k |
| VAN DEN BERG MANAGEMENT I, INC 0.16% of their portfolio | 43.5k $527.3k | Reduced -227 |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 38.8k $469.6k | Reduced -114.7k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 35.3k $427.7k | Added +3.4k |
| Samalin Investment Counsel, LLC 0.17% of their portfolio | 34.2k $414.8k | Added +3.2k |
| Tidal Investments LLC 0.00% of their portfolio | 33.2k $402.1k | Reduced -693 |
| Canoe Financial LP 0.01% of their portfolio | 31.7k $383.5k | Reduced -2.2k |
| Empowered Funds, LLC 0.01% of their portfolio | 29.3k $355.7k | New |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 29.2k $353.7k | Added +15.5k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 28.5k $345.7k | Added +46 |
| D.A. DAVIDSON & CO. 0.00% of their portfolio | 28.5k $345.1k | New |
| ALPS ADVISORS INC 0.00% of their portfolio | 27.4k $332.7k | Added +702 |
| Itau Unibanco Holding S.A. 0.01% of their portfolio | 27.4k $332.0k | Unchanged |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 27.0k $327.3k | Added +3.4k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio | 24.7k $298.8k | Reduced -1.5k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 24.5k $297.4k | Reduced -29.6k |
| J. Safra Sarasin Holding AG 0.01% of their portfolio | 24.3k $293.9k | Added +753 |
| PDT Partners, LLC 0.02% of their portfolio | 24.0k $291.1k | Reduced -82.0k |
| Campbell & CO Investment Adviser LLC 0.02% of their portfolio | 24.0k $290.9k | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 23.3k $282.9k | New |
| SENTRY INVESTMENT MANAGEMENT LLC 0.15% of their portfolio | 22.0k $222.0k | Added +305 |
| Verition Fund Management LLC 0.00% of their portfolio | 21.3k $258.3k | New |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 21.0k $254.5k | New |
| Amova Asset Management Americas, Inc. 0.00% of their portfolio | 21.0k $254.5k | New |
| INTACT INVESTMENT MANAGEMENT INC. 0.01% of their portfolio | 20.6k $249.5k | Reduced -8.4k |
| GROUP ONE TRADING LLC 0.01% of their portfolio | 19.1k $231.0k | Added +11.3k |
| CIBC WORLD MARKET INC. 0.00% of their portfolio | 18.7k $226.6k | Added +2.2k |
| Dynamic Technology Lab Private Ltd 0.03% of their portfolio | 17.9k $217.0k | New |
| Pictet Asset Management Holding SA 0.00% of their portfolio | 17.5k $212.3k | Added +1.6k |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 16.0k $193.0k | Added +1.6k |
| XTX Topco Ltd 0.01% of their portfolio | 15.5k $187.8k | New |
| Virtu Financial LLC 0.01% of their portfolio | 14.9k $180.0k | New |
| PEAK6 LLC 0.01% of their portfolio | 14.6k $176.9k | Added +6.8k |
| LETKO, BROSSEAU & ASSOCIATES INC 0.00% of their portfolio | 14.5k $175.6k | New |
| Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio | 14.3k $173.3k | Reduced -3.7k |
| Marex Group Ltd 0.00% of their portfolio | 14.0k $169.7k | New |
| Rathbones Group PLC 0.00% of their portfolio | 13.3k $161.5k | Unchanged |