Copa Holdings
215 hedge funds and large institutions have $2.55B invested in Copa Holdings in 2016 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 68 increasing their positions, 86 reducing their positions, and 25 closing their positions.
68% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 25
6% more funds holding
Funds holding: 202 → 215 (+13)
1% less capital invested
Capital invested by funds: $2.57B → $2.55B (-$23M)
4.45% less ownership
Funds ownership: 94.45% → 90% (-4.5%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
21% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 86
24% less call options, than puts
Call options by funds: $20.2M | Put options by funds: $26.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$47.9M |
| 2 |
AI
Axiom Investors
Greenwich,
Connecticut
|
+$34.8M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$30.6M |
| 4 |
TSAM
Trinity Street Asset Management
London,
United Kingdom
|
+$29.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$20.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$79.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$58.2M |
| 3 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$57.9M |
| 4 |
FC
Fairpointe Capital
Chicago,
Illinois
|
-$32.4M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$19.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Teacher Retirement System of Texas
Austin,
Texas
| – | -$621K | -7,062 | Closed |
|
|
SCA
227
Snowden Capital Advisors
New York
| – | -$596K | -6,774 | Closed |
|
|
BCM
228
Bayesian Capital Management
Brooklyn,
New York
| – | -$494K | -5,614 | Closed |
|
|
FHAM
229
Folger Hill Asset Management
New York
| – | -$478K | -5,435 | Closed |
|
|
PP
230
Paloma Partners
Greenwich,
Connecticut
| – | -$473K | -5,372 | Closed |
|
|
FRM
231
Fox Run Management
Greenwich,
Connecticut
| – | -$378K | -4,300 | Closed |
|
|
LCM
232
Laurion Capital Management
New York
| – | -$273K | -3,100 | Closed |
|
233
Walleye Trading
New York
| – | -$257K | -2,833 | Closed |
|
|
QC
234
QCM Cayman
Houston,
Texas
| – | -$237K | -2,691 | Closed |
|
|
TG
235
TLP Group
Evanston,
Illinois
| – | -$187K | -2,132 | Closed |
|
|
PG
236
PEAK6 Group
Chicago,
Illinois
| – | -$58.4K | -644 | Closed |
|
237
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$28K | -324 | Closed |
|
238
Simplex Trading
Chicago,
Illinois
| – | -$5.17K | -57 | Closed |
|
239
EARNEST Partners
Atlanta,
Georgia
| – | +$181 | +2 | New |
|
CPA Hedge Fund Activity: Q4 2016 in Review
215 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Copa Holdings (CPA) for Q4 2016, worth a combined $2.55B — down 0.89% from $2.57B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new CPA positions and 25 closed out — a net gain of 17 holders — while 68 added to existing stakes and 86 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $47.9M. The largest seller was Orbis Allan Gray, cutting an estimated $79.4M.
- 215 institutional investors held Copa Holdings (CPA) as of Q4 2016, up from 202 in Q3 2016.
- Funds reported $2.55B of Copa Holdings stock for Q4 2016, down 0.89% quarter-over-quarter.
- 42 funds opened new Copa Holdings positions in Q4 2016 and 25 closed out, a net change of +17 holders.
- The largest Copa Holdings buyer in Q4 2016 was JP Morgan Chase, an estimated $47.9M added.
- The largest Copa Holdings seller in Q4 2016 was Orbis Allan Gray, an estimated $79.4M sold.
Based on aggregated 13F filings for Q4 2016.