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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
PAM
126
Panagora Asset Management
Massachusetts
$1.38M
AMI
127
Amica Mutual Insurance
Rhode Island
$1.27M
Citadel Advisors
128
Citadel Advisors
Florida
$1.24M -$1.18M -12,378 -45%
Nordea Investment Management
129
Nordea Investment Management
Sweden
$1.23M +$610K +6,400 +75%
GS
130
GAM Systematic
United Kingdom
$1.19M -$204K -2,135 -13%
JHIU
131
Janus Henderson Investors US
Colorado
$1.17M -$466K -4,889 -26%
DG
132
Davidson & Garrard
Virginia
$1.15M -$198K -2,078 -13%
TD Asset Management
133
TD Asset Management
Ontario, Canada
$1.12M -$39.8K -417 -3%
Envestnet Asset Management
134
Envestnet Asset Management
Illinois
$1.08M +$16.9K +177 +1%
PG
135
Portola Group
California
$995K -$90.6K -950 -7%
VOYA Investment Management
136
VOYA Investment Management
Georgia
$945K -$377K -3,951 -26%
FGP
137
Foyston, Gordon, & Payne
Ontario, Canada
$942K +$1.09M +11,400 New
SIP
138
Stoneridge Investment Partners
Pennsylvania
$921K -$736K -7,716 -41%
RAA
139
RWC Asset Advisors
Florida
$874K +$304K +3,185 +43%
FCE
140
Fiera Capital (Europe)
Cayman Islands
$840K -$603K -6,318 -38%
APFBOT
141
Amica Pension Fund Board of Trustees
Rhode Island
$791K
EVM
142
Eaton Vance Management
Massachusetts
$787K -$223K -2,341 -20%
CCM
143
Cullen Capital Management
New York
$766K +$2.86K +30 +0.3%
SG Americas Securities
144
SG Americas Securities
New York
$757K +$494K +5,181 +130%
SCM
145
Stevens Capital Management
Pennsylvania
$707K +$61.5K +645 +8%
CSS
146
Cubist Systematic Strategies
Connecticut
$695K +$595K +6,241 +287%
LG
147
Leuthold Group
Minnesota
$691K +$16.6K +174 +2%
IRF
148
IBM Retirement Fund
New York
$631K -$775K -8,126 -52%
M&T Bank
149
M&T Bank
New York
$602K -$67.6K -709 -9%
Fifth Third Bancorp
150
Fifth Third Bancorp
Ohio
$600K -$143K -1,502 -17%

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.