Koppers
KOP
129 hedge funds and large institutions have $505M invested in Koppers in 2014 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 54 increasing their positions, 42 reducing their positions, and 18 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 42
0.88% more ownership
Funds ownership: 94.08% → 94.95% (+0.88%)
7% less funds holding
Funds holding: 139 → 129 (-10)
21% less capital invested
Capital invested by funds: $639M → $505M (-$134M)
39% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 18
62% less call options, than puts
Call options by funds: $281K | Put options by funds: $743K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
+$15M |
| 2 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
+$14.5M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.45M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$4.13M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$14.2M |
| 2 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$10.1M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$5.96M |
| 4 |
Renaissance Technologies
New York
|
-$4.19M |
| 5 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$3.52M |
KOP Hedge Fund Activity: Q4 2014 in Review
129 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Koppers (KOP) for Q4 2014, worth a combined $505M — down 21% from $639M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of KOP and 11 opened new positions — a net loss of 7 holders — while 42 trimmed existing stakes and 54 added.
The largest buyer was Southernsun Asset Management, adding an estimated $15M. The largest seller was Fidelity Investments, exiting entirely with an estimated $14.2M sold.
- 129 institutional investors held Koppers (KOP) as of Q4 2014, down from 139 in Q3 2014.
- Funds reported $505M of Koppers stock for Q4 2014, down 21% quarter-over-quarter.
- 11 funds opened new Koppers positions in Q4 2014 and 18 closed out, a net change of -7 holders.
- The largest Koppers buyer in Q4 2014 was Southernsun Asset Management, an estimated $15M added.
- The largest Koppers seller in Q4 2014 was Fidelity Investments, an estimated $14.2M sold.
Based on aggregated 13F filings for Q4 2014.