Copa Holdings
276 hedge funds and large institutions have $4.91B invested in Copa Holdings in 2013 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 89 increasing their positions, 102 reducing their positions, and 38 closing their positions.
29% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 38
17% more capital invested
Capital invested by funds: $4.18B → $4.91B (+$726M)
3% more funds holding
Funds holding: 268 → 276 (+8)
1.31% more ownership
Funds ownership: 90.29% → 91.6% (+1.3%)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
13% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 102
30% less call options, than puts
Call options by funds: $13.1M | Put options by funds: $18.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$41M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$40.8M |
| 3 |
O
OppenheimerFunds
New York
|
+$31.5M |
| 4 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$29.9M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$28.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
-$143M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$33.5M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$30.7M |
| 4 |
BG
BlackRock Group
London,
United Kingdom
|
-$28.2M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$24M |
CPA Hedge Fund Activity: Q4 2013 in Review
276 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Copa Holdings (CPA) for Q4 2013, worth a combined $4.91B — up 17% from $4.18B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new CPA positions and 38 closed out — a net gain of 11 holders — while 89 added to existing stakes and 102 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $41M. The largest seller was Herndon Capital Management, cutting an estimated $143M.
- 276 institutional investors held Copa Holdings (CPA) as of Q4 2013, up from 268 in Q3 2013.
- Funds reported $4.91B of Copa Holdings stock for Q4 2013, up 17% quarter-over-quarter.
- 49 funds opened new Copa Holdings positions in Q4 2013 and 38 closed out, a net change of +11 holders.
- The largest Copa Holdings buyer in Q4 2013 was Fidelity Investments, an estimated $41M added.
- The largest Copa Holdings seller in Q4 2013 was Herndon Capital Management, an estimated $143M sold.
Based on aggregated 13F filings for Q4 2013.