Copart
CPRT
677 hedge funds and large institutions have $16.7B invested in Copart in 2019 Q4 according to their latest regulatory filings, with 131 funds opening new positions, 257 increasing their positions, 211 reducing their positions, and 47 closing their positions.
273% more call options, than puts
Call options by funds: $121M | Put options by funds: $32.4M
179% more first-time investments, than exits
New positions opened: 131 | Existing positions closed: 47
22% more repeat investments, than reductions
Existing positions increased: 257 | Existing positions reduced: 211
12% more funds holding
Funds holding: 606 → 677 (+71)
12% more capital invested
Capital invested by funds: $15B → $16.7B (+$1.74B)
9.12% less ownership
Funds ownership: 325.47% → 316.35% (-9.1%)
16% less funds holding in top 10
Funds holding in top 10: 25 → 21 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
+$286M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$194M |
| 3 |
BlackRock
New York
|
+$117M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$95M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$91.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$356M |
| 2 |
Morgan Stanley
New York
|
-$240M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$161M |
| 4 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
-$158M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$94.9M |
CPRT Hedge Fund Activity: Q4 2019 in Review
677 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Copart (CPRT) for Q4 2019, worth a combined $16.7B — up 12% from $15B a quarter earlier.
Buyers outnumbered sellers: 131 funds opened new CPRT positions and 47 closed out — a net gain of 84 holders — while 257 added to existing stakes and 211 trimmed.
The largest buyer was Melvin Capital Management, opening a new position worth an estimated $286M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $356M.
- 677 institutional investors held Copart (CPRT) as of Q4 2019, up from 606 in Q3 2019.
- Funds reported $16.7B of Copart stock for Q4 2019, up 12% quarter-over-quarter.
- 131 funds opened new Copart positions in Q4 2019 and 47 closed out, a net change of +84 holders.
- The largest Copart buyer in Q4 2019 was Melvin Capital Management, an estimated $286M added.
- The largest Copart seller in Q4 2019 was Kayne Anderson Rudnick Investment Management, an estimated $356M sold.
Based on aggregated 13F filings for Q4 2019.