Copa Holdings
182 hedge funds and large institutions have $1.63B invested in Copa Holdings in 2016 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 53 increasing their positions, 71 reducing their positions, and 45 closing their positions.
5.12% more ownership
Funds ownership: 95.03% → 100.14% (+5.1%)
12% less funds holding
Funds holding: 206 → 182 (-24)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
22% less capital invested
Capital invested by funds: $2.09B → $1.63B (-$462M)
25% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 71
51% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 45
63% less call options, than puts
Call options by funds: $16.1M | Put options by funds: $43.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Sprucegrove Investment Management
Toronto,
Ontario, Canada
|
+$48.3M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$27M |
| 3 |
SO
STRS Ohio
Columbus,
Ohio
|
+$18.8M |
| 4 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$14.4M |
| 5 |
State Street
Boston,
Massachusetts
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$35.1M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$30.6M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$19.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$18.3M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$16.3M |
CPA Hedge Fund Activity: Q2 2016 in Review
182 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Copa Holdings (CPA) for Q2 2016, worth a combined $1.63B — down 22% from $2.09B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of CPA and 22 opened new positions — a net loss of 23 holders — while 71 trimmed existing stakes and 53 added.
The largest buyer was Sprucegrove Investment Management, adding an estimated $48.3M. The largest seller was NWQ Investment Management Company, cutting an estimated $35.1M.
- 182 institutional investors held Copa Holdings (CPA) as of Q2 2016, down from 206 in Q1 2016.
- Funds reported $1.63B of Copa Holdings stock for Q2 2016, down 22% quarter-over-quarter.
- 22 funds opened new Copa Holdings positions in Q2 2016 and 45 closed out, a net change of -23 holders.
- The largest Copa Holdings buyer in Q2 2016 was Sprucegrove Investment Management, an estimated $48.3M added.
- The largest Copa Holdings seller in Q2 2016 was NWQ Investment Management Company, an estimated $35.1M sold.
Based on aggregated 13F filings for Q2 2016.