Copa Holdings
234 hedge funds and large institutions have $2.55B invested in Copa Holdings in 2023 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 66 increasing their positions, 107 reducing their positions, and 69 closing their positions.
15% more call options, than puts
Call options by funds: $17.3M | Put options by funds: $15M
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
17% less funds holding
Funds holding: 281 → 234 (-47)
22.96% less ownership
Funds ownership: 112.97% → 90.01% (-23%)
28% less capital invested
Capital invested by funds: $3.56B → $2.55B (-$1.01B)
38% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 107
65% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 69
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$35.9M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$27.8M |
| 3 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$26.4M |
| 4 |
JP Morgan Chase
New York
|
+$22.7M |
| 5 |
SC
Shellback Capital
Boston,
Massachusetts
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$48.4M |
| 2 |
Millennium Management
New York
|
-$40.4M |
| 3 |
BlackRock
New York
|
-$34.9M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$28.4M |
| 5 |
State Street
Boston,
Massachusetts
|
-$26.8M |
CPA Hedge Fund Activity: Q3 2023 in Review
234 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Copa Holdings (CPA) for Q3 2023, worth a combined $2.55B — down 28% from $3.56B a quarter earlier.
Sellers outnumbered buyers: 69 funds closed out of CPA and 24 opened new positions — a net loss of 45 holders — while 107 trimmed existing stakes and 66 added.
The largest buyer was Fidelity Investments, adding an estimated $35.9M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $48.4M.
- 234 institutional investors held Copa Holdings (CPA) as of Q3 2023, down from 281 in Q2 2023.
- Funds reported $2.55B of Copa Holdings stock for Q3 2023, down 28% quarter-over-quarter.
- 24 funds opened new Copa Holdings positions in Q3 2023 and 69 closed out, a net change of -45 holders.
- The largest Copa Holdings buyer in Q3 2023 was Fidelity Investments, an estimated $35.9M added.
- The largest Copa Holdings seller in Q3 2023 was BNP Paribas Financial Markets, an estimated $48.4M sold.
Based on aggregated 13F filings for Q3 2023.