Copart
CPRT
264 hedge funds and large institutions have $3.42B invested in Copart in 2014 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 99 increasing their positions, 90 reducing their positions, and 36 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 90
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
4% less funds holding
Funds holding: 274 → 264 (-10)
15% less capital invested
Capital invested by funds: $4.01B → $3.42B (-$591M)
25% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 36
46% less call options, than puts
Call options by funds: $2.82M | Put options by funds: $5.21M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
+$43.8M |
| 2 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$37.4M |
| 3 |
Jennison Associates
New York
|
+$36M |
| 4 |
EC
Eminence Capital
New York
|
+$34.4M |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
+$30.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$58.3M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$43.7M |
| 3 |
Bank of New York Mellon
New York
|
-$43.2M |
| 4 |
Neuberger Berman Group
New York
|
-$38.9M |
| 5 |
BAMCO Inc
New York
|
-$30.7M |
CPRT Hedge Fund Activity: Q3 2014 in Review
264 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Copart (CPRT) for Q3 2014, worth a combined $3.42B — down 15% from $4.01B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of CPRT and 27 opened new positions — a net loss of 9 holders — while 90 trimmed existing stakes and 99 added.
The largest buyer was Gates Capital Management, opening a new position worth an estimated $43.8M. The largest seller was Norges Bank, cutting an estimated $58.3M.
- 264 institutional investors held Copart (CPRT) as of Q3 2014, down from 274 in Q2 2014.
- Funds reported $3.42B of Copart stock for Q3 2014, down 15% quarter-over-quarter.
- 27 funds opened new Copart positions in Q3 2014 and 36 closed out, a net change of -9 holders.
- The largest Copart buyer in Q3 2014 was Gates Capital Management, an estimated $43.8M added.
- The largest Copart seller in Q3 2014 was Norges Bank, an estimated $58.3M sold.
Based on aggregated 13F filings for Q3 2014.