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Copa Holdings

234 hedge funds and large institutions have $2.55B invested in Copa Holdings in 2023 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 66 increasing their positions, 107 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more call options, than puts

Call options by funds: $17.3M | Put options by funds: $15M

13% less funds holding in top 10

Funds holding in top 10: 87 (-1)

17% less funds holding

Funds holding: 281234 (-47)

22.96% less ownership

Funds ownership: 112.97%90.01% (-23%)

28% less capital invested

Capital invested by funds: $3.56B → $2.55B (-$1.01B)

38% less repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 107

65% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 69

Holders
234
Holders Change
-47
Holders Change %
-16.73%
% of All Funds
3.71%
Holding in Top 10
7
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-12.5%
% of All Funds
0.11%
New
24
Increased
66
Reduced
107
Closed
69
Calls
$17.3M
Puts
$15M
Net Calls
+$2.29M
Net Calls Change
-$49K
Name Holding Trade Value Shares
Change
Change in
Stake
Baillie Gifford & Co
1
Baillie Gifford & Co
United Kingdom
$343M +$27.8M +267,373 +7%
Capital World Investors
2
Capital World Investors
California
$330M +$4.99M +48,033 +1%
JP Morgan Chase
3
JP Morgan Chase
New York
$264M +$22.7M +218,592 +8%
SIM
4
Sprucegrove Investment Management
Ontario, Canada
$231M -$12.3M -118,756 -4%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$214M +$35.9M +345,757 +17%
Citadel Advisors
6
Citadel Advisors
Florida
$61.1M -$22.2M -213,412 -24%
Renaissance Technologies
7
Renaissance Technologies
New York
$59.6M -$7.81M -75,200 -10%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$57.9M -$3.83M -36,846 -5%
Citigroup
9
Citigroup
New York
$55.7M +$2.48M +23,902 +4%
BlackRock
10
BlackRock
New York
$55.2M -$34.9M -336,345 -35%
MAMU
11
Marathon Asset Management (UK)
United Kingdom
$44.5M +$1.4M +13,481 +3%
Millennium Management
12
Millennium Management
New York
$43.1M -$40.4M -388,885 -45%
BIP
13
Brandes Investment Partners
California
$37.3M -$49.4K -476 -0.1%
Morgan Stanley
14
Morgan Stanley
New York
$33.8M +$1.91M +18,376 +5%
Alyeska Investment Group
15
Alyeska Investment Group
Illinois
$31.7M -$13.1M -126,568 -26%
SC
16
Shellback Capital
Massachusetts
$28.7M +$13.7M +132,062 +70%
Victory Capital Management
17
Victory Capital Management
Texas
$23.9M -$946K -9,110 -3%
JMPWA
18
JP Morgan Private Wealth Advisors
California
$23.3M +$26.4M +254,345 +3,647%
SEI Investments
19
SEI Investments
Pennsylvania
$22.4M -$4.54M -43,747 -15%
SSA
20
Schonfeld Strategic Advisors
New York
$21.2M -$482K -4,646 -2%
SGDR
21
SPX Gestao de Recursos
Brazil
$20.1M +$9.32M +89,740 +66%
D.E. Shaw & Co
22
D.E. Shaw & Co
New York
$19M -$19.1M -183,799 -46%
DCM
23
Driehaus Capital Management
Illinois
$18.6M -$9.84M -94,804 -31%
Bank of Montreal
24
Bank of Montreal
Ontario, Canada
$17.9M +$10.9M +104,516 +141%
LBA
25
Letko, Brosseau & Associates
Quebec, Canada
$17.1M -$369K -3,550 -2%

CPA Hedge Fund Activity: Q3 2023 in Review

234 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Copa Holdings (CPA) for Q3 2023, worth a combined $2.55B — down 28% from $3.56B a quarter earlier.

Sellers outnumbered buyers: 69 funds closed out of CPA and 24 opened new positions — a net loss of 45 holders — while 107 trimmed existing stakes and 66 added.

The largest buyer was Fidelity Investments, adding an estimated $35.9M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $48.4M.

  • 234 institutional investors held Copa Holdings (CPA) as of Q3 2023, down from 281 in Q2 2023.
  • Funds reported $2.55B of Copa Holdings stock for Q3 2023, down 28% quarter-over-quarter.
  • 24 funds opened new Copa Holdings positions in Q3 2023 and 69 closed out, a net change of -45 holders.
  • The largest Copa Holdings buyer in Q3 2023 was Fidelity Investments, an estimated $35.9M added.
  • The largest Copa Holdings seller in Q3 2023 was BNP Paribas Financial Markets, an estimated $48.4M sold.

Based on aggregated 13F filings for Q3 2023.