Koppers
KOP
108 hedge funds and large institutions have $382M invested in Koppers in 2015 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 41 increasing their positions, 34 reducing their positions, and 30 closing their positions.
138% more call options, than puts
Call options by funds: $1.1M | Put options by funds: $464K
21% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 34
0.19% less ownership
Funds ownership: 94.95% → 94.77% (-0.19%)
16% less funds holding
Funds holding: 129 → 108 (-21)
24% less capital invested
Capital invested by funds: $505M → $382M (-$123M)
63% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rockshelter Capital Management
Canonsburg,
Pennsylvania
|
+$6.73M |
| 2 |
WIM
Wingspan Investment Management
New York
|
+$6.25M |
| 3 |
MLIM
Mountain Lake Investment Management
Boca Raton,
Florida
|
+$5.54M |
| 4 |
ACP
Andalusian Capital Partners
Greenwich,
Connecticut
|
+$5.22M |
| 5 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
+$4.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$10.9M |
| 2 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
-$9.89M |
| 3 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$8.7M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$4.16M |
| 5 |
DVM
Dreman Value Management
West Palm Beach,
Florida
|
-$3.11M |
KOP Hedge Fund Activity: Q1 2015 in Review
108 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Koppers (KOP) for Q1 2015, worth a combined $382M — down 24% from $505M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of KOP and 11 opened new positions — a net loss of 19 holders — while 34 trimmed existing stakes and 41 added.
The largest buyer was Rockshelter Capital Management, opening a new position worth an estimated $6.73M. The largest seller was Lazard Asset Management, exiting entirely with an estimated $10.9M sold.
- 108 institutional investors held Koppers (KOP) as of Q1 2015, down from 129 in Q4 2014.
- Funds reported $382M of Koppers stock for Q1 2015, down 24% quarter-over-quarter.
- 11 funds opened new Koppers positions in Q1 2015 and 30 closed out, a net change of -19 holders.
- The largest Koppers buyer in Q1 2015 was Rockshelter Capital Management, an estimated $6.73M added.
- The largest Koppers seller in Q1 2015 was Lazard Asset Management, an estimated $10.9M sold.
Based on aggregated 13F filings for Q1 2015.