Copa Holdings
CPA
236 hedge funds and large institutions have $2.6B invested in Copa Holdings in 2018 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 94 increasing their positions, 76 reducing their positions, and 37 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 76
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 37
1.3% less ownership
Funds ownership: 88.91% → 87.61% (-1.3%)
2% less funds holding
Funds holding: 241 → 236 (-5)
27% less capital invested
Capital invested by funds: $3.54B → $2.6B (-$948M)
67% less call options, than puts
Call options by funds: $14.9M | Put options by funds: $44.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$87.2M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$27.8M |
| 3 |
Renaissance Technologies
New York
|
+$24.9M |
| 4 |
Two Sigma Investments
New York
|
+$17M |
| 5 |
SIM
Sprucegrove Investment Management
Toronto,
Ontario, Canada
|
+$16.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$76.2M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$32.8M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$28M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
-$25.3M |
| 5 |
JP Morgan Chase
New York
|
-$25.1M |
CPA Hedge Fund Activity: Q2 2018 in Review
236 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Copa Holdings (CPA) for Q2 2018, worth a combined $2.6B — down 27% from $3.54B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of CPA and 36 opened new positions — a net loss of 1 holder — while 76 trimmed existing stakes and 94 added.
The largest buyer was Baillie Gifford & Co, adding an estimated $87.2M. The largest seller was Morgan Stanley, cutting an estimated $76.2M.
- 236 institutional investors held Copa Holdings (CPA) as of Q2 2018, down from 241 in Q1 2018.
- Funds reported $2.6B of Copa Holdings stock for Q2 2018, down 27% quarter-over-quarter.
- 36 funds opened new Copa Holdings positions in Q2 2018 and 37 closed out, a net change of -1 holder.
- The largest Copa Holdings buyer in Q2 2018 was Baillie Gifford & Co, an estimated $87.2M added.
- The largest Copa Holdings seller in Q2 2018 was Morgan Stanley, an estimated $76.2M sold.
Based on aggregated 13F filings for Q2 2018.