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Koppers

158 hedge funds and large institutions have $572M invested in Koppers in 2018 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 56 increasing their positions, 61 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

8% less repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 61

4% less ownership

Funds ownership: 90.79%86.79% (-4%)

9% less funds holding

Funds holding: 174158 (-16)

22% less capital invested

Capital invested by funds: $735M → $572M (-$163M)

30% less call options, than puts

Call options by funds: $1.44M | Put options by funds: $2.07M

43% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 35

Holders
158
Holders Change
-16
Holders Change %
-9.2%
% of All Funds
3.61%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
20
Increased
56
Reduced
61
Closed
35
Calls
$1.44M
Puts
$2.07M
Net Calls
-$630K
Net Calls Change
-$734K
Name Holding Trade Value Shares
Change
Change in
Stake
QSS
101
Quantitative Systematic Strategies
Florida
$389K +$447K +12,479 New
EGM
102
Engineers Gate Manager
New York
$384K +$442K +12,334 New
CS
103
Credit Suisse
Switzerland
$381K -$248K -6,936 -36%
UBS AM
104
UBS AM
Illinois
$380K -$226K -6,299 -34%
ARTA
105
A.R.T. Advisors
New York
$363K +$129K +3,600 +45%
Bank of Montreal
106
Bank of Montreal
Ontario, Canada
$348K -$1.73M -48,341 -81%
RJA
107
Raymond James & Associates
Florida
$341K +$111K +3,096 +39%
JCM
108
Janney Capital Management
Pennsylvania
$337K -$1.11K -31 -0.3%
MIM
109
MetLife Investment Management
New Jersey
$320K
GC
110
Guggenheim Capital
Illinois
$314K +$67.7K +1,891 +23%
CCA
111
Cruiser Capital Advisors
Connecticut
$312K +$358K +10,000 New
LSERS
112
Louisiana State Employees Retirement System
Louisiana
$290K -$7.16K -200 -2%
AG
113
Aperio Group
California
$277K +$35.4K +989 +13%
PI
114
PineBridge Investments
New York
$254K +$106K +2,946 +57%
EMFAT
115
Emerald Mutual Fund Advisers Trust
Pennsylvania
$251K +$289K +8,064 New
PTC
116
Petrus Trust Company
Texas
$247K -$51.9K -1,449 -15%
ZCA
117
Zeke Capital Advisors
Pennsylvania
$239K +$275K +7,676 New
Manulife (Manufacturers Life Insurance)
118
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$237K -$278K -7,762 -51%
DTL
119
Dynamic Technology Lab
Singapore
$237K +$272K +7,600 New
CGH
120
Crossmark Global Holdings
Texas
$234K +$358 +10 +0.1%
JG
121
Jefferies Group
New York
$233K +$268K +7,495 New
TRSOTSOK
122
Teachers Retirement System of the State of Kentucky
Kentucky
$220K -$10.7K -300 -4%
NJBEST
123
New Jersey Better Educational Savings Trust
New Jersey
$218K -$35.8K -1,000 -13%
SOADOR
124
State of Alaska Department of Revenue
Alaska
$216K +$2.15K +60 +0.9%
MLICM
125
Metropolitan Life Insurance Company (MetLife)
New York
$212K

KOP Hedge Fund Activity: Q3 2018 in Review

158 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Koppers (KOP) for Q3 2018, worth a combined $572M — down 22% from $735M a quarter earlier.

Sellers outnumbered buyers: 35 funds closed out of KOP and 20 opened new positions — a net loss of 15 holders — while 61 trimmed existing stakes and 56 added.

The largest buyer was Fuller & Thaler Asset Management, adding an estimated $16.8M. The largest seller was Vanguard Group, cutting an estimated $23.3M.

  • 158 institutional investors held Koppers (KOP) as of Q3 2018, down from 174 in Q2 2018.
  • Funds reported $572M of Koppers stock for Q3 2018, down 22% quarter-over-quarter.
  • 20 funds opened new Koppers positions in Q3 2018 and 35 closed out, a net change of -15 holders.
  • The largest Koppers buyer in Q3 2018 was Fuller & Thaler Asset Management, an estimated $16.8M added.
  • The largest Koppers seller in Q3 2018 was Vanguard Group, an estimated $23.3M sold.

Based on aggregated 13F filings for Q3 2018.