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Copa Holdings

167 hedge funds and large institutions have $1.23B invested in Copa Holdings in 2020 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 66 increasing their positions, 50 reducing their positions, and 75 closing their positions.

New
Increased
Maintained
Reduced
Closed

32% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 50

4% less call options, than puts

Call options by funds: $12.3M | Put options by funds: $12.8M

4.73% less ownership

Funds ownership: 91.63%86.9% (-4.7%)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

22% less funds holding

Funds holding: 213167 (-46)

59% less first-time investments, than exits

New positions opened: 31 | Existing positions closed: 75

60% less capital invested

Capital invested by funds: $3.1B → $1.23B (-$1.87B)

Holders
167
Holders Change
-46
Holders Change %
-21.6%
% of All Funds
3.68%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.13%
New
31
Increased
66
Reduced
50
Closed
75
Calls
$12.3M
Puts
$12.8M
Net Calls
-$465K
Net Calls Change
-$3.88M
Name Holding Trade Value Shares
Change
Change in
Stake
Baillie Gifford & Co
1
Baillie Gifford & Co
United Kingdom
$143M +$596K +6,973 +0.2%
JP Morgan Chase
2
JP Morgan Chase
New York
$111M +$35M +409,354 +20%
Fidelity International
3
Fidelity International
Bermuda
$95.7M -$58.1M -679,189 -24%
Renaissance Technologies
4
Renaissance Technologies
New York
$82.5M +$22.8M +266,800 +17%
SIM
5
Sprucegrove Investment Management
Ontario, Canada
$78.7M +$60.7M +709,900 +69%
BlackRock
6
BlackRock
New York
$77M +$43.9M +513,348 +43%
RAA
7
RWC Asset Advisors
Florida
$59.6M +$11.7M +136,516 +12%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$50.1M +$8M +93,474 +9%
BIP
9
Brandes Investment Partners
California
$45.9M +$40M +467,582 +86%
BAMCO Inc
10
BAMCO Inc
New York
$39.9M +$5M +58,420 +7%
II
11
INCA Investments
Florida
$32.8M +$17.2M +200,531 +38%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$29.9M +$4.38M +51,232 +8%
Goldman Sachs
13
Goldman Sachs
New York
$24.9M -$11.2M -131,487 -19%
State Street
14
State Street
Massachusetts
$24.8M -$21.8M -254,681 -32%
Aberdeen Group
15
Aberdeen Group
United Kingdom
$16.9M -$11.1M -130,152 -26%
Wellington Management Group
16
Wellington Management Group
Massachusetts
$13.9M -$117K -1,368 -0.4%
Point72 Asset Management
17
Point72 Asset Management
Connecticut
$13.4M +$3.26M +38,160 +15%
WA
18
Wasatch Advisors
Utah
$12.6M +$814K +9,514 +4%
RAM
19
RWC Asset Management
United Kingdom
$12.5M -$1.21M -14,097 -5%
Bessemer Group
20
Bessemer Group
New Jersey
$10.8M +$8.84M +103,294 +77%
Millennium Management
21
Millennium Management
New York
$10.4M -$2.04M -23,809 -9%
FC
22
Fairpointe Capital
Illinois
$10.2M +$22.7K +265 +0.1%
SEI Investments
23
SEI Investments
Pennsylvania
$10.1M +$987K +11,540 +5%
Russell Investments Group
24
Russell Investments Group
United Kingdom
$8.34M -$3.07M -35,871 -16%
PPA
25
Parametric Portfolio Associates
Washington
$7.76M -$3.73M -43,641 -20%

CPA Hedge Fund Activity: Q1 2020 in Review

167 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Copa Holdings (CPA) for Q1 2020, worth a combined $1.23B — down 60% from $3.1B a quarter earlier.

Sellers outnumbered buyers: 75 funds closed out of CPA and 31 opened new positions — a net loss of 44 holders — while 50 trimmed existing stakes and 66 added.

The largest buyer was Sprucegrove Investment Management, adding an estimated $60.7M. The largest seller was Fidelity International, cutting an estimated $58.1M.

  • 167 institutional investors held Copa Holdings (CPA) as of Q1 2020, down from 213 in Q4 2019.
  • Funds reported $1.23B of Copa Holdings stock for Q1 2020, down 60% quarter-over-quarter.
  • 31 funds opened new Copa Holdings positions in Q1 2020 and 75 closed out, a net change of -44 holders.
  • The largest Copa Holdings buyer in Q1 2020 was Sprucegrove Investment Management, an estimated $60.7M added.
  • The largest Copa Holdings seller in Q1 2020 was Fidelity International, an estimated $58.1M sold.

Based on aggregated 13F filings for Q1 2020.