Copa Holdings
239 hedge funds and large institutions have $3.44B invested in Copa Holdings in 2017 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 74 increasing their positions, 94 reducing their positions, and 30 closing their positions.
20% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 30
1% more funds holding
Funds holding: 236 → 239 (+3)
3% more capital invested
Capital invested by funds: $3.33B → $3.44B (+$116M)
2.6% less ownership
Funds ownership: 91.34% → 88.74% (-2.6%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
21% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 94
57% less call options, than puts
Call options by funds: $28.6M | Put options by funds: $66.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$38.3M |
| 2 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
+$34M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$31.2M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$27.9M |
| 5 |
JP Morgan Chase
New York
|
+$19.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$72.4M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$28.8M |
| 3 |
SC
Shellback Capital
Boston,
Massachusetts
|
-$27.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$22.1M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$20.1M |
CPA Hedge Fund Activity: Q3 2017 in Review
239 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Copa Holdings (CPA) for Q3 2017, worth a combined $3.44B — up 3.5% from $3.33B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new CPA positions and 30 closed out — a net gain of 6 holders — while 74 added to existing stakes and 94 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $38.3M. The largest seller was Capital Growth Management, exiting entirely with an estimated $72.4M sold.
- 239 institutional investors held Copa Holdings (CPA) as of Q3 2017, up from 236 in Q2 2017.
- Funds reported $3.44B of Copa Holdings stock for Q3 2017, up 3.5% quarter-over-quarter.
- 36 funds opened new Copa Holdings positions in Q3 2017 and 30 closed out, a net change of +6 holders.
- The largest Copa Holdings buyer in Q3 2017 was Renaissance Technologies, an estimated $38.3M added.
- The largest Copa Holdings seller in Q3 2017 was Capital Growth Management, an estimated $72.4M sold.
Based on aggregated 13F filings for Q3 2017.