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Copa Holdings

206 hedge funds and large institutions have $2.09B invested in Copa Holdings in 2016 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 54 increasing their positions, 64 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

77% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 31

50% more funds holding in top 10

Funds holding in top 10: 46 (+2)

42% more capital invested

Capital invested by funds: $1.47B → $2.09B (+$622M)

13% more funds holding

Funds holding: 183206 (+23)

1.52% more ownership

Funds ownership: 93.5%95.03% (+1.5%)

16% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 64

62% less call options, than puts

Call options by funds: $18.4M | Put options by funds: $48.3M

Holders
206
Holders Change
+23
Holders Change %
+12.57%
% of All Funds
5.49%
Holding in Top 10
6
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+50%
% of All Funds
0.16%
New
55
Increased
54
Reduced
64
Closed
31
Calls
$18.4M
Puts
$48.3M
Net Calls
-$29.9M
Net Calls Change
-$12.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$212M -$521K -9,281 -0.3%
FC
2
Fairpointe Capital
Illinois
$192M -$31.4M -559,328 -16%
Baillie Gifford & Co
3
Baillie Gifford & Co
United Kingdom
$182M +$1.48M +26,337 +1%
OAG
4
Orbis Allan Gray
Bermuda
$152M +$126M +2,236,642 New
BIP
5
Brandes Investment Partners
California
$110M -$5.97M -106,277 -6%
Morgan Stanley
6
Morgan Stanley
New York
$100M +$25.4M +452,622 +44%
JP Morgan Chase
7
JP Morgan Chase
New York
$89.8M -$39.3M -699,232 -35%
State Street
8
State Street
Massachusetts
$66.3M -$3.16M -56,223 -5%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$58.1M +$25M +444,606 +107%
II
10
INCA Investments
Florida
$58.1M +$7.88M +140,324 +20%
NIMC
11
NWQ Investment Management Company
California
$56.1M +$586K +10,435 +1%
TSW
12
Thompson Siegel & Walmsley
Virginia
$55M -$4.77M -84,943 -9%
SIM
13
Sprucegrove Investment Management
Ontario, Canada
$47M +$38.9M +693,157 New
PPA
14
Parametric Portfolio Associates
Washington
$42.2M -$638K -11,363 -2%
William Blair Investment Management
15
William Blair Investment Management
Illinois
$38.6M +$30.7M +546,958 +2,414%
EAM
16
Edge Asset Management
Washington
$31M -$3.83M -68,265 -13%
Massachusetts Financial Services
17
Massachusetts Financial Services
Massachusetts
$24.7M -$380K -6,777 -2%
Wellington Management Group
18
Wellington Management Group
Massachusetts
$23.9M -$537K -9,561 -3%
NLCM
19
Neon Liberty Capital Management
New York
$22.3M
Acadian Asset Management
20
Acadian Asset Management
Massachusetts
$21.7M +$12M +213,014 +198%
Citadel Advisors
21
Citadel Advisors
Florida
$21.4M +$17.8M +316,456 New
BIT
22
BlackRock Institutional Trust
California
$19.7M -$572K -10,184 -3%
DCM
23
Driehaus Capital Management
Illinois
$19.2M +$15.9M +283,664 New
Principal Financial Group
24
Principal Financial Group
Iowa
$18.5M +$1.44M +25,684 +10%
BFA
25
BlackRock Fund Advisors
California
$18.3M -$411K -7,329 -3%

CPA Hedge Fund Activity: Q1 2016 in Review

206 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Copa Holdings (CPA) for Q1 2016, worth a combined $2.09B — up 42% from $1.47B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new CPA positions and 31 closed out — a net gain of 24 holders — while 54 added to existing stakes and 64 trimmed.

The largest buyer was Sprucegrove Investment Management, opening a new position worth an estimated $38.9M. The largest seller was JP Morgan Chase, cutting an estimated $39.3M.

  • 206 institutional investors held Copa Holdings (CPA) as of Q1 2016, up from 183 in Q4 2015.
  • Funds reported $2.09B of Copa Holdings stock for Q1 2016, up 42% quarter-over-quarter.
  • 55 funds opened new Copa Holdings positions in Q1 2016 and 31 closed out, a net change of +24 holders.
  • The largest Copa Holdings buyer in Q1 2016 was Sprucegrove Investment Management, an estimated $38.9M added.
  • The largest Copa Holdings seller in Q1 2016 was JP Morgan Chase, an estimated $39.3M sold.

Based on aggregated 13F filings for Q1 2016.