Copa Holdings
168 hedge funds and large institutions have $1.52B invested in Copa Holdings in 2020 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 51 increasing their positions, 64 reducing their positions, and 43 closing their positions.
5.37% more ownership
Funds ownership: 92.51% → 97.88% (+5.4%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
4% less capital invested
Capital invested by funds: $1.58B → $1.52B (-$60.4M)
9% less funds holding
Funds holding: 185 → 168 (-17)
20% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 64
40% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 43
40% less call options, than puts
Call options by funds: $13.2M | Put options by funds: $22.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$24M |
| 2 |
SIM
Sprucegrove Investment Management
Toronto,
Ontario, Canada
|
+$21.6M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$20.9M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$17.7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$17.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RAA
RWC Asset Advisors
Miami,
Florida
|
-$62.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$33M |
| 3 |
Renaissance Technologies
New York
|
-$27.2M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$13.1M |
| 5 |
RAM
RWC Asset Management
London,
United Kingdom
|
-$12.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QI
201
QS Investors
New York
| – | -$4K | -62 | Closed |
|
202
Rockefeller Capital Management
New York
| – | -$2K | -34 | Closed |
|
|
SF
203
Synovus Financial
Columbus,
Georgia
| – | -$1K | -21 | Closed |
|
CPA Hedge Fund Activity: Q3 2020 in Review
168 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Copa Holdings (CPA) for Q3 2020, worth a combined $1.52B — down 3.8% from $1.58B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of CPA and 26 opened new positions — a net loss of 17 holders — while 64 trimmed existing stakes and 51 added.
The largest buyer was Millennium Management, adding an estimated $24M. The largest seller was RWC Asset Advisors, exiting entirely with an estimated $62.7M sold.
- 168 institutional investors held Copa Holdings (CPA) as of Q3 2020, down from 185 in Q2 2020.
- Funds reported $1.52B of Copa Holdings stock for Q3 2020, down 3.8% quarter-over-quarter.
- 26 funds opened new Copa Holdings positions in Q3 2020 and 43 closed out, a net change of -17 holders.
- The largest Copa Holdings buyer in Q3 2020 was Millennium Management, an estimated $24M added.
- The largest Copa Holdings seller in Q3 2020 was RWC Asset Advisors, an estimated $62.7M sold.
Based on aggregated 13F filings for Q3 2020.