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Copa Holdings

197 hedge funds and large institutions have $1.37B invested in Copa Holdings in 2015 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 76 increasing their positions, 70 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% more repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 70

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

7.54% less ownership

Funds ownership: 106.48%98.94% (-7.5%)

15% less funds holding

Funds holding: 232197 (-35)

42% less call options, than puts

Call options by funds: $7.87M | Put options by funds: $13.5M

52% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 62

53% less capital invested

Capital invested by funds: $2.91B → $1.37B (-$1.54B)

Holders
197
Holders Change
-35
Holders Change %
-15.09%
% of All Funds
5.5%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
30
Increased
76
Reduced
70
Closed
62
Calls
$7.87M
Puts
$13.5M
Net Calls
-$5.66M
Net Calls Change
+$39.9M
Name Holding Trade Value Shares
Change
Change in
Stake
FC
1
Fairpointe Capital
Illinois
$150M +$60.3M +955,628 +37%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$140M +$34.4M +545,488 +20%
Baillie Gifford & Co
3
Baillie Gifford & Co
United Kingdom
$111M -$1.14M -18,096 -0.7%
JP Morgan Chase
4
JP Morgan Chase
New York
$84.8M -$35.5M -563,017 -22%
BIP
5
Brandes Investment Partners
California
$72.6M +$20.3M +321,800 +24%
OH
6
Orbis Holdings
Bermuda
$72.2M +$8.36M +132,637 +8%
PCM
7
PAR Capital Management
Massachusetts
$61.9M +$22.8M +362,200 +32%
TSW
8
Thompson Siegel & Walmsley
Virginia
$41.9M +$21.5M +340,441 +52%
Morgan Stanley
9
Morgan Stanley
New York
$37.3M +$444K +7,037 +0.8%
NIMC
10
NWQ Investment Management Company
California
$37.2M +$20.8M +329,788 +59%
PPA
11
Parametric Portfolio Associates
Washington
$30.1M +$11.7M +186,178 +35%
EAM
12
Edge Asset Management
Washington
$26.8M +$14.8M +234,231 +58%
WHG
13
Westwood Holdings Group
Texas
$25.3M -$10.2M -161,526 -21%
Schroder Investment Management Group
14
Schroder Investment Management Group
United Kingdom
$20.5M -$16.2M -256,435 -34%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$18.4M -$863K -13,691 -3%
Massachusetts Financial Services
16
Massachusetts Financial Services
Massachusetts
$17.6M -$36.3M -575,714 -58%
II
17
INCA Investments
Florida
$17.2M +$1.3M +20,606 +5%
CCMH
18
Cornerstone Capital Management Holdings
New York
$15.9M +$1.99M +31,592 +9%
Wellington Management Group
19
Wellington Management Group
Massachusetts
$15.6M -$26.9M -425,885 -53%
Principal Financial Group
20
Principal Financial Group
Iowa
$13.4M +$7.33M +116,240 +57%
State Street
21
State Street
Massachusetts
$13M -$293K -4,652 -1%
BIT
22
BlackRock Institutional Trust
California
$12.1M +$480K +7,616 +3%
Deutsche Bank
23
Deutsche Bank
Germany
$12M -$1.4M -22,273 -7%
NLCM
24
Neon Liberty Capital Management
New York
$11.4M
CGI
25
CI Global Investments
California
$10.9M +$16.4M +260,000 New

CPA Hedge Fund Activity: Q3 2015 in Review

197 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Copa Holdings (CPA) for Q3 2015, worth a combined $1.37B — down 53% from $2.91B a quarter earlier.

Sellers outnumbered buyers: 62 funds closed out of CPA and 30 opened new positions — a net loss of 32 holders — while 70 trimmed existing stakes and 76 added.

The largest buyer was Fairpointe Capital, adding an estimated $60.3M. The largest seller was Brown Advisory, cutting an estimated $68.9M.

  • 197 institutional investors held Copa Holdings (CPA) as of Q3 2015, down from 232 in Q2 2015.
  • Funds reported $1.37B of Copa Holdings stock for Q3 2015, down 53% quarter-over-quarter.
  • 30 funds opened new Copa Holdings positions in Q3 2015 and 62 closed out, a net change of -32 holders.
  • The largest Copa Holdings buyer in Q3 2015 was Fairpointe Capital, an estimated $60.3M added.
  • The largest Copa Holdings seller in Q3 2015 was Brown Advisory, an estimated $68.9M sold.

Based on aggregated 13F filings for Q3 2015.