Copa Holdings
192 hedge funds and large institutions have $2.14B invested in Copa Holdings in 2018 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 59 increasing their positions, 76 reducing their positions, and 54 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
3.08% more ownership
Funds ownership: 84.59% → 87.67% (+3.1%)
11% less funds holding
Funds holding: 216 → 192 (-24)
22% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 76
35% less capital invested
Capital invested by funds: $3.31B → $2.14B (-$1.17B)
39% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 54
42% less call options, than puts
Call options by funds: $9.63M | Put options by funds: $16.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$62.1M |
| 2 |
BlackRock
New York
|
+$59.1M |
| 3 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$34.6M |
| 4 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$34M |
| 5 |
MWA
Marshall Wace Asia
Central,
Hong Kong
|
+$26.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$1.2B |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$44M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$17.2M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$16.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$16.5M |
CPA Hedge Fund Activity: Q4 2018 in Review
192 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Copa Holdings (CPA) for Q4 2018, worth a combined $2.14B — down 35% from $3.31B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of CPA and 33 opened new positions — a net loss of 21 holders — while 76 trimmed existing stakes and 59 added.
The largest buyer was Fidelity International, adding an estimated $62.1M. The largest seller was SPX Gestao de Recursos, exiting entirely with an estimated $1.2B sold.
- 192 institutional investors held Copa Holdings (CPA) as of Q4 2018, down from 216 in Q3 2018.
- Funds reported $2.14B of Copa Holdings stock for Q4 2018, down 35% quarter-over-quarter.
- 33 funds opened new Copa Holdings positions in Q4 2018 and 54 closed out, a net change of -21 holders.
- The largest Copa Holdings buyer in Q4 2018 was Fidelity International, an estimated $62.1M added.
- The largest Copa Holdings seller in Q4 2018 was SPX Gestao de Recursos, an estimated $1.2B sold.
Based on aggregated 13F filings for Q4 2018.