Copart
CPRT
345 hedge funds and large institutions have $5B invested in Copart in 2016 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 105 increasing their positions, 142 reducing their positions, and 34 closing their positions.
128% more call options, than puts
Call options by funds: $4.95M | Put options by funds: $2.17M
12% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 34
11% more funds holding in top 10
Funds holding in top 10: 18 → 20 (+2)
9% more capital invested
Capital invested by funds: $4.57B → $5B (+$424M)
0% more funds holding
Funds holding: 344 → 345 (+1)
26% less repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 142
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$47.9M |
| 2 |
IGM
Incline Global Management
New York
|
+$23.9M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$20.5M |
| 4 |
HCM
Hitchwood Capital Management
New York
|
+$20.5M |
| 5 |
Renaissance Technologies
New York
|
+$16.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Markel Group
Glen Allen,
Virginia
|
-$47.3M |
| 2 |
Jennison Associates
New York
|
-$39.9M |
| 3 |
NC
Nicholas Company
Milwaukee,
Wisconsin
|
-$36.5M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$25.1M |
| 5 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$22.7M |
CPRT Hedge Fund Activity: Q3 2016 in Review
345 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Copart (CPRT) for Q3 2016, worth a combined $5B — up 9.3% from $4.57B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new CPRT positions and 34 closed out — a net gain of 4 holders — while 105 added to existing stakes and 142 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $47.9M. The largest seller was Markel Group, exiting entirely with an estimated $47.3M sold.
- 345 institutional investors held Copart (CPRT) as of Q3 2016, up from 344 in Q2 2016.
- Funds reported $5B of Copart stock for Q3 2016, up 9.3% quarter-over-quarter.
- 38 funds opened new Copart positions in Q3 2016 and 34 closed out, a net change of +4 holders.
- The largest Copart buyer in Q3 2016 was Lazard Asset Management, an estimated $47.9M added.
- The largest Copart seller in Q3 2016 was Markel Group, an estimated $47.3M sold.
Based on aggregated 13F filings for Q3 2016.