Copart
CPRT
375 hedge funds and large institutions have $6.36B invested in Copart in 2017 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 115 increasing their positions, 140 reducing their positions, and 34 closing their positions.
259% more call options, than puts
Call options by funds: $3.12M | Put options by funds: $869K
71% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 34
25% more funds holding in top 10
Funds holding in top 10: 16 → 20 (+4)
6% more funds holding
Funds holding: 353 → 375 (+22)
6% more capital invested
Capital invested by funds: $5.99B → $6.36B (+$365M)
6.72% less ownership
Funds ownership: 327.27% → 320.55% (-6.7%)
18% less repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 140
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$135M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$44.2M |
| 3 |
Millennium Management
New York
|
+$41.5M |
| 4 |
JP Morgan Chase
New York
|
+$40.8M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$38.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$258M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$48.9M |
| 3 |
Jennison Associates
New York
|
-$43.1M |
| 4 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$25M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$16.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PG
401
PEAK6 Group
Chicago,
Illinois
| – | -$187K | -23,324 | Closed |
|
402
AssetMark Inc
Concord,
California
| – | -$128K | -16,072 | Closed |
|
|
AIM
403
Acrospire Investment Management
Chicago,
Illinois
| – | -$85K | -10,736 | Closed |
|
404
Creative Planning
Overland Park,
Kansas
| – | -$76K | -9,520 | Closed |
|
|
PFO
405
Pathstone Family Office
Englewood,
New Jersey
| – | -$37K | -4,704 | Closed |
|
|
PFPT
406
Pinnacle Financial Partners (Tennessee)
Nashville,
Tennessee
| – | -$17K | -2,168 | Closed |
|
|
VWA
407
V Wealth Advisors
Overland Park,
Kansas
| – | -$9K | -1,120 | Closed |
|
|
LWCFA
408
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| – | +$577 | +72 | New |
|
CPRT Hedge Fund Activity: Q3 2017 in Review
375 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Copart (CPRT) for Q3 2017, worth a combined $6.36B — up 6.1% from $5.99B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new CPRT positions and 34 closed out — a net gain of 24 holders — while 115 added to existing stakes and 140 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $135M. The largest seller was Lazard Asset Management, cutting an estimated $258M.
- 375 institutional investors held Copart (CPRT) as of Q3 2017, up from 353 in Q2 2017.
- Funds reported $6.36B of Copart stock for Q3 2017, up 6.1% quarter-over-quarter.
- 58 funds opened new Copart positions in Q3 2017 and 34 closed out, a net change of +24 holders.
- The largest Copart buyer in Q3 2017 was AllianceBernstein, an estimated $135M added.
- The largest Copart seller in Q3 2017 was Lazard Asset Management, an estimated $258M sold.
Based on aggregated 13F filings for Q3 2017.