Copa Holdings
260 hedge funds and large institutions have $4.37B invested in Copa Holdings in 2014 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 117 increasing their positions, 95 reducing their positions, and 34 closing their positions.
34% more call options, than puts
Call options by funds: $18.5M | Put options by funds: $13.8M
23% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 95
0.29% more ownership
Funds ownership: 91.31% → 91.6% (+0.29%)
1% less capital invested
Capital invested by funds: $4.41B → $4.37B (-$45.9M)
4% less funds holding
Funds holding: 272 → 260 (-12)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
29% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$107M |
| 2 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
+$76M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$58.1M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$56M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$89M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$66.4M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$65.3M |
| 4 |
FAM
Fred Alger Management
New York
|
-$63.7M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$55M |
CPA Hedge Fund Activity: Q2 2014 in Review
260 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Copa Holdings (CPA) for Q2 2014, worth a combined $4.37B — down 1% from $4.41B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of CPA and 24 opened new positions — a net loss of 10 holders — while 95 trimmed existing stakes and 117 added.
The largest buyer was AllianceBernstein, adding an estimated $107M. The largest seller was Fidelity Investments, cutting an estimated $89M.
- 260 institutional investors held Copa Holdings (CPA) as of Q2 2014, down from 272 in Q1 2014.
- Funds reported $4.37B of Copa Holdings stock for Q2 2014, down 1% quarter-over-quarter.
- 24 funds opened new Copa Holdings positions in Q2 2014 and 34 closed out, a net change of -10 holders.
- The largest Copa Holdings buyer in Q2 2014 was AllianceBernstein, an estimated $107M added.
- The largest Copa Holdings seller in Q2 2014 was Fidelity Investments, an estimated $89M sold.
Based on aggregated 13F filings for Q2 2014.