Copart
CPRT
1,071 hedge funds and large institutions have $45.9B invested in Copart in 2024 Q1 according to their latest regulatory filings, with 126 funds opening new positions, 420 increasing their positions, 379 reducing their positions, and 88 closing their positions.
58% more call options, than puts
Call options by funds: $186M | Put options by funds: $118M
43% more first-time investments, than exits
New positions opened: 126 | Existing positions closed: 88
20% more capital invested
Capital invested by funds: $38.2B → $45.9B (+$7.68B)
11% more repeat investments, than reductions
Existing positions increased: 420 | Existing positions reduced: 379
6% more funds holding in top 10
Funds holding in top 10: 32 → 34 (+2)
2% more funds holding
Funds holding: 1,046 → 1,071 (+25)
1.27% more ownership
Funds ownership: 81.2% → 82.47% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Edgewood Management
Greenwich,
Connecticut
|
+$693M |
| 2 |
Bank of New York Mellon
New York
|
+$409M |
| 3 |
JP Morgan Chase
New York
|
+$178M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$145M |
| 5 |
VAM
Vontobel Asset Management
New York
|
+$85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$522M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$167M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$110M |
| 4 |
AI
Axiom Investors
Greenwich,
Connecticut
|
-$103M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$85.5M |
CPRT Hedge Fund Activity: Q1 2024 in Review
1,071 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Copart (CPRT) for Q1 2024, worth a combined $45.9B — up 20% from $38.2B a quarter earlier.
Buyers outnumbered sellers: 126 funds opened new CPRT positions and 88 closed out — a net gain of 38 holders — while 420 added to existing stakes and 379 trimmed.
The largest buyer was Edgewood Management, opening a new position worth an estimated $693M. The largest seller was Morgan Stanley, cutting an estimated $522M.
- 1,071 institutional investors held Copart (CPRT) as of Q1 2024, up from 1,046 in Q4 2023.
- Funds reported $45.9B of Copart stock for Q1 2024, up 20% quarter-over-quarter.
- 126 funds opened new Copart positions in Q1 2024 and 88 closed out, a net change of +38 holders.
- The largest Copart buyer in Q1 2024 was Edgewood Management, an estimated $693M added.
- The largest Copart seller in Q1 2024 was Morgan Stanley, an estimated $522M sold.
Based on aggregated 13F filings for Q1 2024.