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896 hedge funds and large institutions have $28.8B invested in Copart in 2023 Q1 according to their latest regulatory filings, with 116 funds opening new positions, 328 increasing their positions, 325 reducing their positions, and 65 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more call options, than puts

Call options by funds: $55.2M | Put options by funds: $27.6M

78% more first-time investments, than exits

New positions opened: 116 | Existing positions closed: 65

24% more capital invested

Capital invested by funds: $23.3B → $28.8B (+$5.48B)

22% more funds holding in top 10

Funds holding in top 10: 3239 (+7)

4% more funds holding

Funds holding: 861896 (+35)

1% more repeat investments, than reductions

Existing positions increased: 328 | Existing positions reduced: 325

1.13% less ownership

Funds ownership: 161.64%160.51% (-1.1%)

Holders
896
Holders Change
+35
Holders Change %
+4.07%
% of All Funds
14.28%
Holding in Top 10
39
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+21.88%
% of All Funds
0.62%
New
116
Increased
328
Reduced
325
Closed
65
Calls
$55.2M
Puts
$27.6M
Net Calls
+$27.6M
Net Calls Change
-$31.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$3.64B +$29.1M +854,374 +0.9%
BlackRock
2
BlackRock
New York
$2.9B +$9.03M +265,704 +0.3%
Principal Financial Group
3
Principal Financial Group
Iowa
$1.63B -$16.3M -478,108 -1%
AllianceBernstein
4
AllianceBernstein
Tennessee
$1.36B +$36.4M +1,069,460 +3%
State Street
5
State Street
Massachusetts
$1.21B -$12.2M -357,542 -1%
Capital Research Global Investors
6
Capital Research Global Investors
California
$744M -$35.8M -1,053,230 -5%
Capital World Investors
7
Capital World Investors
California
$725M +$1.92M +56,558 +0.3%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$698M +$13.4M +395,218 +2%
JP Morgan Chase
9
JP Morgan Chase
New York
$670M +$11.8M +345,782 +2%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$590M -$9.85M -289,672 -2%
Wellington Management Group
11
Wellington Management Group
Massachusetts
$397M +$12.5M +367,144 +4%
Norges Bank
12
Norges Bank
Norway
$332M +$12.9M +379,714 +5%
Morgan Stanley
13
Morgan Stanley
New York
$326M +$17.5M +516,012 +6%
Northern Trust
14
Northern Trust
Illinois
$326M -$2.43M -71,418 -0.8%
Bessemer Group
15
Bessemer Group
New Jersey
$315M -$1.6M -47,126 -0.6%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$306M -$8.91M -261,906 -3%
Invesco
17
Invesco
Georgia
$300M +$18.2M +536,466 +7%
Massachusetts Financial Services
18
Massachusetts Financial Services
Massachusetts
$299M +$10.6M +311,008 +4%
BBHC
19
Brown Brothers Harriman & Co
New York
$281M -$34.2M -1,004,900 -12%
Bank of America
20
Bank of America
North Carolina
$272M +$33.2M +977,000 +16%
LCOV
21
London Company of Virginia
Virginia
$263M -$1.95M -57,236 -0.8%
Boston Partners
22
Boston Partners
Massachusetts
$253M -$56.7M -1,667,950 -20%
William Blair Investment Management
23
William Blair Investment Management
Illinois
$235M +$32.4M +953,128 +18%
Legal & General Group
24
Legal & General Group
United Kingdom
$208M +$9.15M +269,096 +5%
William Blair & Company
25
William Blair & Company
Illinois
$205M -$2.61M -76,728 -1%

CPRT Hedge Fund Activity: Q1 2023 in Review

896 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Copart (CPRT) for Q1 2023, worth a combined $28.8B — up 24% from $23.3B a quarter earlier.

Buyers outnumbered sellers: 116 funds opened new CPRT positions and 65 closed out — a net gain of 51 holders — while 328 added to existing stakes and 325 trimmed.

The largest buyer was AKO Capital, opening a new position worth an estimated $110M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $377M.

  • 896 institutional investors held Copart (CPRT) as of Q1 2023, up from 861 in Q4 2022.
  • Funds reported $28.8B of Copart stock for Q1 2023, up 24% quarter-over-quarter.
  • 116 funds opened new Copart positions in Q1 2023 and 65 closed out, a net change of +51 holders.
  • The largest Copart buyer in Q1 2023 was AKO Capital, an estimated $110M added.
  • The largest Copart seller in Q1 2023 was Kayne Anderson Rudnick Investment Management, an estimated $377M sold.

Based on aggregated 13F filings for Q1 2023.