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.
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: 3 → 3 (0)
7.54% less ownership
Funds ownership: 106.48% → 98.94% (-7.5%)
15% less funds holding
Funds holding: 232 → 197 (-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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FC
Fairpointe Capital
Chicago,
Illinois
|
+$60.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$34.4M |
| 3 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$22.8M |
| 4 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$21.5M |
| 5 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$20.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$68.9M |
| 2 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$53.3M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$38M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$36.3M |
| 5 |
JP Morgan Chase
New York
|
-$35.5M |
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.