Koppers
KOP
147 hedge funds and large institutions have $733M invested in Koppers in 2014 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 56 increasing their positions, 54 reducing their positions, and 25 closing their positions.
2.04% more ownership
Funds ownership: 91.64% → 93.69% (+2%)
4% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 54
6% less capital invested
Capital invested by funds: $779M → $733M (-$46.3M)
7% less funds holding
Funds holding: 158 → 147 (-11)
40% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 25
68% less call options, than puts
Call options by funds: $368K | Put options by funds: $1.16M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$29.8M |
| 2 |
Lazard Asset Management
New York
|
+$12.6M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$8.61M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$6.28M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$6.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$6.76M |
| 2 |
Goldman Sachs
New York
|
-$3.67M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$3.3M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$3.2M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$3.19M |
KOP Hedge Fund Activity: Q2 2014 in Review
147 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Koppers (KOP) for Q2 2014, worth a combined $733M — down 5.9% from $779M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of KOP and 15 opened new positions — a net loss of 10 holders — while 54 trimmed existing stakes and 56 added.
The largest buyer was State of New Jersey Common Pension Fund D, opening a new position worth an estimated $29.8M. The largest seller was Keeley Asset Management, exiting entirely with an estimated $6.76M sold.
- 147 institutional investors held Koppers (KOP) as of Q2 2014, down from 158 in Q1 2014.
- Funds reported $733M of Koppers stock for Q2 2014, down 5.9% quarter-over-quarter.
- 15 funds opened new Koppers positions in Q2 2014 and 25 closed out, a net change of -10 holders.
- The largest Koppers buyer in Q2 2014 was State of New Jersey Common Pension Fund D, an estimated $29.8M added.
- The largest Koppers seller in Q2 2014 was Keeley Asset Management, an estimated $6.76M sold.
Based on aggregated 13F filings for Q2 2014.