COPT Defense Properties
CDP
225 hedge funds and large institutions have $2.47B invested in COPT Defense Properties in 2020 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 84 increasing their positions, 80 reducing their positions, and 50 closing their positions.
3.6% more ownership
Funds ownership: 96% → 99.6% (+3.6%)
5% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 80
12% less funds holding
Funds holding: 256 → 225 (-31)
22% less capital invested
Capital invested by funds: $3.16B → $2.47B (-$690M)
56% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$58.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$30M |
| 3 |
VCM
V3 Capital Management
Dallas,
Texas
|
+$23.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$19.5M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$17.7M |
| 2 |
Millennium Management
New York
|
-$11.6M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$11.1M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$7.89M |
| 5 |
WG
Winton Group
London,
United Kingdom
|
-$6.95M |
CDP Hedge Fund Activity: Q1 2020 in Review
225 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in COPT Defense Properties (CDP) for Q1 2020, worth a combined $2.47B — down 22% from $3.16B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of CDP and 22 opened new positions — a net loss of 28 holders — while 80 trimmed existing stakes and 84 added.
The largest buyer was Massachusetts Financial Services, adding an estimated $58.6M. The largest seller was Wellington Management Group, cutting an estimated $17.7M.
- 225 institutional investors held COPT Defense Properties (CDP) as of Q1 2020, down from 256 in Q4 2019.
- Funds reported $2.47B of COPT Defense Properties stock for Q1 2020, down 22% quarter-over-quarter.
- 22 funds opened new COPT Defense Properties positions in Q1 2020 and 50 closed out, a net change of -28 holders.
- The largest COPT Defense Properties buyer in Q1 2020 was Massachusetts Financial Services, an estimated $58.6M added.
- The largest COPT Defense Properties seller in Q1 2020 was Wellington Management Group, an estimated $17.7M sold.
Based on aggregated 13F filings for Q1 2020.