COPT Defense Properties
CDP
256 hedge funds and large institutions have $2.23B invested in COPT Defense Properties in 2018 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 102 increasing their positions, 74 reducing their positions, and 42 closing their positions.
212% more call options, than puts
Call options by funds: $362K | Put options by funds: $116K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
38% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 74
7% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 42
2% less funds holding
Funds holding: 260 → 256 (-4)
5.72% less ownership
Funds ownership: 103.19% → 97.47% (-5.7%)
30% less capital invested
Capital invested by funds: $3.18B → $2.23B (-$943M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$31.3M |
| 2 |
D.E. Shaw & Co
New York
|
+$24.8M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$24M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$21.1M |
| 5 |
Renaissance Technologies
New York
|
+$21.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$94.9M |
| 2 |
Cohen & Steers
New York
|
-$58.4M |
| 3 |
SO
STRS Ohio
Columbus,
Ohio
|
-$22.2M |
| 4 |
Millennium Management
New York
|
-$19.4M |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$14M |
CDP Hedge Fund Activity: Q4 2018 in Review
256 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in COPT Defense Properties (CDP) for Q4 2018, worth a combined $2.23B — down 30% from $3.18B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of CDP and 39 opened new positions — a net loss of 3 holders — while 74 trimmed existing stakes and 102 added.
The largest buyer was Principal Financial Group, adding an estimated $31.3M. The largest seller was Fidelity Investments, cutting an estimated $94.9M.
- 256 institutional investors held COPT Defense Properties (CDP) as of Q4 2018, down from 260 in Q3 2018.
- Funds reported $2.23B of COPT Defense Properties stock for Q4 2018, down 30% quarter-over-quarter.
- 39 funds opened new COPT Defense Properties positions in Q4 2018 and 42 closed out, a net change of -3 holders.
- The largest COPT Defense Properties buyer in Q4 2018 was Principal Financial Group, an estimated $31.3M added.
- The largest COPT Defense Properties seller in Q4 2018 was Fidelity Investments, an estimated $94.9M sold.
Based on aggregated 13F filings for Q4 2018.