Copa Holdings
250 hedge funds and large institutions have $3.53B invested in Copa Holdings in 2014 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 93 increasing their positions, 93 reducing their positions, and 59 closing their positions.
4.9% more ownership
Funds ownership: 96.99% → 101.89% (+4.9%)
1% more capital invested
Capital invested by funds: $3.48B → $3.53B (+$47.3M)
0% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 93
7% less funds holding
Funds holding: 270 → 250 (-20)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
24% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 59
46% less call options, than puts
Call options by funds: $75.1M | Put options by funds: $140M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$252M |
| 2 |
OH
Orbis Holdings
Hamilton,
Bermuda
|
+$88.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$84.4M |
| 4 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$64.2M |
| 5 |
IC
Institutional Capital
Chicago,
Illinois
|
+$48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$130M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$64.9M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$56.5M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$48.6M |
| 5 |
AIM
Assured Investment Management
New York
|
-$41M |
CPA Hedge Fund Activity: Q4 2014 in Review
250 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Copa Holdings (CPA) for Q4 2014, worth a combined $3.53B — up 1.4% from $3.48B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of CPA and 45 opened new positions — a net loss of 14 holders — while 93 trimmed existing stakes and 93 added.
The largest buyer was Baillie Gifford & Co, adding an estimated $252M. The largest seller was AllianceBernstein, cutting an estimated $130M.
- 250 institutional investors held Copa Holdings (CPA) as of Q4 2014, down from 270 in Q3 2014.
- Funds reported $3.53B of Copa Holdings stock for Q4 2014, up 1.4% quarter-over-quarter.
- 45 funds opened new Copa Holdings positions in Q4 2014 and 59 closed out, a net change of -14 holders.
- The largest Copa Holdings buyer in Q4 2014 was Baillie Gifford & Co, an estimated $252M added.
- The largest Copa Holdings seller in Q4 2014 was AllianceBernstein, an estimated $130M sold.
Based on aggregated 13F filings for Q4 2014.