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Copa Holdings

202 hedge funds and large institutions have $2.57B invested in Copa Holdings in 2016 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 56 increasing their positions, 72 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

96% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 25

58% more capital invested

Capital invested by funds: $1.63B → $2.57B (+$939M)

40% more funds holding in top 10

Funds holding in top 10: 57 (+2)

11% more funds holding

Funds holding: 182202 (+20)

2% less call options, than puts

Call options by funds: $39.5M | Put options by funds: $40.4M

5.69% less ownership

Funds ownership: 100.14%94.45% (-5.7%)

22% less repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 72

Holders
202
Holders Change
+20
Holders Change %
+10.99%
% of All Funds
5.39%
Holding in Top 10
7
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+40%
% of All Funds
0.19%
New
49
Increased
56
Reduced
72
Closed
25
Calls
$39.5M
Puts
$40.4M
Net Calls
-$895K
Net Calls Change
+$26.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$259M -$3.04M -40,086 -1%
Baillie Gifford & Co
2
Baillie Gifford & Co
United Kingdom
$237M -$554K -7,292 -0.3%
FC
3
Fairpointe Capital
Illinois
$188M -$60.2M -792,680 -27%
OAG
4
Orbis Allan Gray
Bermuda
$164M -$27.3M -360,002 -16%
Morgan Stanley
5
Morgan Stanley
New York
$132M +$5.59M +73,608 +5%
JP Morgan Chase
6
JP Morgan Chase
New York
$131M +$6.89M +90,713 +6%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$130M +$12M +158,156 +12%
BIP
8
Brandes Investment Partners
California
$122M -$20.4M -269,101 -17%
SIM
9
Sprucegrove Investment Management
Ontario, Canada
$117M -$15.4M -203,300 -13%
Massachusetts Financial Services
10
Massachusetts Financial Services
Massachusetts
$69.4M +$33.6M +442,318 +128%
State Street
11
State Street
Massachusetts
$68.1M -$30.9M -407,007 -34%
II
12
INCA Investments
Florida
$65.5M -$20.1M -264,510 -26%
BAMCO Inc
13
BAMCO Inc
New York
$45M +$14.6M +192,000 +60%
TSAM
14
Trinity Street Asset Management
United Kingdom
$42.7M +$36.8M +485,224 New
Vanguard Group
15
Vanguard Group
Pennsylvania
$36.1M +$20.9M +275,585 +203%
BIT
16
BlackRock Institutional Trust
California
$30M +$4.58M +60,274 +21%
SO
17
STRS Ohio
Ohio
$28.6M
Wellington Management Group
18
Wellington Management Group
Massachusetts
$28.1M -$2.21M -29,170 -8%
DCM
19
Driehaus Capital Management
Illinois
$26.1M +$22.5M +296,827 New
BFA
20
BlackRock Fund Advisors
California
$24.4M +$989K +13,033 +5%
CEP
21
Chicago Equity Partners
Illinois
$23.6M +$20.4M +268,690 New
Franklin Resources
22
Franklin Resources
California
$22M
SCM
23
Somerset Capital Management
United Kingdom
$21.1M -$680K -8,954 -4%
CS
24
Credit Suisse
Switzerland
$19.5M +$6.66M +87,743 +65%
Norges Bank
25
Norges Bank
Norway
$19.3M +$10.8M +141,657 +100%

CPA Hedge Fund Activity: Q3 2016 in Review

202 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Copa Holdings (CPA) for Q3 2016, worth a combined $2.57B — up 58% from $1.63B a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new CPA positions and 25 closed out — a net gain of 24 holders — while 56 added to existing stakes and 72 trimmed.

The largest buyer was Trinity Street Asset Management, opening a new position worth an estimated $36.8M. The largest seller was Fairpointe Capital, cutting an estimated $60.2M.

  • 202 institutional investors held Copa Holdings (CPA) as of Q3 2016, up from 182 in Q2 2016.
  • Funds reported $2.57B of Copa Holdings stock for Q3 2016, up 58% quarter-over-quarter.
  • 49 funds opened new Copa Holdings positions in Q3 2016 and 25 closed out, a net change of +24 holders.
  • The largest Copa Holdings buyer in Q3 2016 was Trinity Street Asset Management, an estimated $36.8M added.
  • The largest Copa Holdings seller in Q3 2016 was Fairpointe Capital, an estimated $60.2M sold.

Based on aggregated 13F filings for Q3 2016.