Copart
CPRT
535 hedge funds and large institutions have $11.8B invested in Copart in 2019 Q1 according to their latest regulatory filings, with 85 funds opening new positions, 178 increasing their positions, 189 reducing their positions, and 47 closing their positions.
81% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 47
28% more capital invested
Capital invested by funds: $9.28B → $11.8B (+$2.57B)
14% more call options, than puts
Call options by funds: $15.6M | Put options by funds: $13.7M
9.71% more ownership
Funds ownership: 332.88% → 342.59% (+9.7%)
6% more funds holding
Funds holding: 503 → 535 (+32)
6% less repeat investments, than reductions
Existing positions increased: 178 | Existing positions reduced: 189
17% less funds holding in top 10
Funds holding in top 10: 24 → 20 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBHC
Brown Brothers Harriman & Co
New York
|
+$102M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$98M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$57.6M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$26.3M |
| 5 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$18.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$111M |
| 2 |
PCM
Palestra Capital Management
New York
|
-$57M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$42.5M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$25.5M |
| 5 |
PGP
Prescott General Partners
Boca Raton,
Florida
|
-$16.7M |
CPRT Hedge Fund Activity: Q1 2019 in Review
535 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Copart (CPRT) for Q1 2019, worth a combined $11.8B — up 28% from $9.28B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new CPRT positions and 47 closed out — a net gain of 38 holders — while 178 added to existing stakes and 189 trimmed.
The largest buyer was Brown Brothers Harriman & Co, adding an estimated $102M. The largest seller was Morgan Stanley, cutting an estimated $111M.
- 535 institutional investors held Copart (CPRT) as of Q1 2019, up from 503 in Q4 2018.
- Funds reported $11.8B of Copart stock for Q1 2019, up 28% quarter-over-quarter.
- 85 funds opened new Copart positions in Q1 2019 and 47 closed out, a net change of +38 holders.
- The largest Copart buyer in Q1 2019 was Brown Brothers Harriman & Co, an estimated $102M added.
- The largest Copart seller in Q1 2019 was Morgan Stanley, an estimated $111M sold.
Based on aggregated 13F filings for Q1 2019.