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Copa Holdings

232 hedge funds and large institutions have $2.91B invested in Copa Holdings in 2015 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 100 increasing their positions, 83 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 83

3.5% more ownership

Funds ownership: 102.99%106.48% (+3.5%)

9% less funds holding

Funds holding: 255232 (-23)

15% less capital invested

Capital invested by funds: $3.44B → $2.91B (-$534M)

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

48% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 44

76% less call options, than puts

Call options by funds: $14.5M | Put options by funds: $60.1M

Holders
232
Holders Change
-23
Holders Change %
-9.02%
% of All Funds
6.25%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.08%
New
23
Increased
100
Reduced
83
Closed
44
Calls
$14.5M
Puts
$60.1M
Net Calls
-$45.5M
Net Calls Change
-$8.14M
Name Holding Trade Value Shares
Change
Change in
Stake
CCMH
26
Cornerstone Capital Management Holdings
New York
$28.6M +$5.16M +54,144 +19%
State Street
27
State Street
Massachusetts
$25.9M -$1.3M -13,601 -4%
Deutsche Bank
28
Deutsche Bank
Germany
$25.5M +$9.63M +101,003 +48%
TGA
29
Trilogy Global Advisors
Florida
$23.5M -$30.3M -317,773 -53%
Northern Trust
30
Northern Trust
Illinois
$23.4M +$6.81M +71,414 +34%
BIT
31
BlackRock Institutional Trust
California
$23.3M -$12.4M -129,658 -32%
CS
32
Credit Suisse
Switzerland
$22.8M -$2.63M -27,540 -9%
NLCM
33
Neon Liberty Capital Management
New York
$22.4M
DCM
34
Dupont Capital Management
Delaware
$22.3M -$18.2M -191,326 -42%
SCM
35
Somerset Capital Management
United Kingdom
$21.4M +$6.77M +70,978 +38%
BFA
36
BlackRock Fund Advisors
California
$21M +$398K +4,169 +2%
Wells Fargo
37
Wells Fargo
California
$18.9M +$11.1M +116,305 +103%
William Blair & Company
38
William Blair & Company
Illinois
$17.4M -$47M -492,976 -70%
Principal Financial Group
39
Principal Financial Group
Iowa
$16.7M +$18.4M +192,976 +2,033%
MAA
40
Managed Account Advisors
New Jersey
$15.4M +$672K +7,045 +4%
Goldman Sachs
41
Goldman Sachs
New York
$13.9M +$3.09M +32,370 +24%
CCMLC
42
Cardinal Capital Management LLC (Connecticut)
Connecticut
$13.9M +$1.88M +19,720 +13%
Norges Bank
43
Norges Bank
Norway
$13.5M
NFA
44
Nationwide Fund Advisors
Ohio
$12.2M +$6.87M +72,060 +96%
AAM
45
Aberdeen Asset Management
United Kingdom
$11.6M +$382K +4,000 +3%
State of New Jersey Common Pension Fund D
46
State of New Jersey Common Pension Fund D
New Jersey
$10.6M
RG
47
Renaissance Group
Kentucky
$10.3M +$1.5M +15,729 +14%
T. Rowe Price Associates
48
T. Rowe Price Associates
Maryland
$10.3M -$1.36M -14,225 -10%
Two Sigma Advisers
49
Two Sigma Advisers
New York
$8.72M +$2.73M +28,597 +37%
Parallax Volatility Advisers
50
Parallax Volatility Advisers
California
$8.54M +$8.92M +93,561 +952%

CPA Hedge Fund Activity: Q2 2015 in Review

232 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Copa Holdings (CPA) for Q2 2015, worth a combined $2.91B — down 15% from $3.44B a quarter earlier.

Sellers outnumbered buyers: 44 funds closed out of CPA and 23 opened new positions — a net loss of 21 holders — while 83 trimmed existing stakes and 100 added.

The largest buyer was Fairpointe Capital, opening a new position worth an estimated $249M. The largest seller was Massachusetts Financial Services, cutting an estimated $72.2M.

  • 232 institutional investors held Copa Holdings (CPA) as of Q2 2015, down from 255 in Q1 2015.
  • Funds reported $2.91B of Copa Holdings stock for Q2 2015, down 15% quarter-over-quarter.
  • 23 funds opened new Copa Holdings positions in Q2 2015 and 44 closed out, a net change of -21 holders.
  • The largest Copa Holdings buyer in Q2 2015 was Fairpointe Capital, an estimated $249M added.
  • The largest Copa Holdings seller in Q2 2015 was Massachusetts Financial Services, an estimated $72.2M sold.

Based on aggregated 13F filings for Q2 2015.