Copa Holdings
216 hedge funds and large institutions have $3.31B invested in Copa Holdings in 2018 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 64 increasing their positions, 94 reducing their positions, and 49 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
3% less capital invested
Capital invested by funds: $3.4B → $3.31B (-$94.6M)
3.01% less ownership
Funds ownership: 87.61% → 84.59% (-3%)
8% less funds holding
Funds holding: 236 → 216 (-20)
32% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 94
37% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 49
41% less call options, than puts
Call options by funds: $21.9M | Put options by funds: $37M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$49.3M |
| 2 |
II
INCA Investments
Miami,
Florida
|
+$37.8M |
| 3 |
MWA
Marshall Wace Asia
Central,
Hong Kong
|
+$26.4M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$22.2M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$98.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$40.9M |
| 3 |
Millennium Management
New York
|
-$24M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$22.1M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$21.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PHK
251
Point72 Hong Kong
Hong Kong
| – | -$57K | -601 | Closed |
|
|
CTC
252
Central Trust Company
Jefferson City,
Missouri
| – | -$36K | -376 | Closed |
|
|
PI
253
PineBridge Investments
New York
| – | -$24K | -254 | Closed |
|
254
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$19K | -205 | Closed |
|
|
PCP
255
Proficio Capital Partners
Newton,
Massachusetts
| – | -$15K | -154 | Closed |
|
|
RE
256
RBC Europe
London,
United Kingdom
| – | -$6.81K | -72 | Closed |
|
|
FIA
257
FNY Investment Advisers
New York
| – | -$5K | -63 | Closed |
|
|
CF
258
Centaurus Financial
Anaheim,
California
| – | -$4K | -46 | Closed |
|
|
PIA
259
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$1K | -12 | Closed |
|
|
EFSCE
260
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$1K | -11 | Closed |
|
CPA Hedge Fund Activity: Q3 2018 in Review
216 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Copa Holdings (CPA) for Q3 2018, worth a combined $3.31B — down 2.8% from $3.4B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of CPA and 31 opened new positions — a net loss of 18 holders — while 94 trimmed existing stakes and 64 added.
The largest buyer was Raymond James & Associates, adding an estimated $49.3M. The largest seller was JP Morgan Chase, cutting an estimated $98.2M.
- 216 institutional investors held Copa Holdings (CPA) as of Q3 2018, down from 236 in Q2 2018.
- Funds reported $3.31B of Copa Holdings stock for Q3 2018, down 2.8% quarter-over-quarter.
- 31 funds opened new Copa Holdings positions in Q3 2018 and 49 closed out, a net change of -18 holders.
- The largest Copa Holdings buyer in Q3 2018 was Raymond James & Associates, an estimated $49.3M added.
- The largest Copa Holdings seller in Q3 2018 was JP Morgan Chase, an estimated $98.2M sold.
Based on aggregated 13F filings for Q3 2018.