Koppers
KOP
128 hedge funds and large institutions have $462M invested in Koppers in 2015 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 47 increasing their positions, 40 reducing their positions, and 6 closing their positions.
377% more call options, than puts
Call options by funds: $1.97M | Put options by funds: $413K
333% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 6
21% more capital invested
Capital invested by funds: $382M → $462M (+$80.2M)
19% more funds holding
Funds holding: 108 → 128 (+20)
18% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 40
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3.65% less ownership
Funds ownership: 94.77% → 91.12% (-3.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.2M |
| 2 |
APCM
Arbiter Partners Capital Management
New York
|
+$5.53M |
| 3 |
Millennium Management
New York
|
+$3.94M |
| 4 |
D.E. Shaw & Co
New York
|
+$3.89M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$3.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
-$20.1M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$13.8M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$13.5M |
| 4 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
-$10.9M |
| 5 |
WIM
Wingspan Investment Management
New York
|
-$4.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $2K | – | – | – |
|
127
Fifth Third Bancorp
Cincinnati,
Ohio
| $1K | – | – | – |
|
128
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $323 | -$14.5K | -599 | -4% |
|
|
SAM
129
Skyline Asset Management
Chicago,
Illinois
| – | -$10.9M | -555,800 | Closed |
|
|
PCM
130
Proxima Capital Management
New York
| – | -$2.95M | -150,000 | Closed |
|
131
JP Morgan Chase
New York
| – | -$1.68M | -85,261 | Closed |
|
132
TD Asset Management
Toronto,
Ontario, Canada
| – | -$274K | -13,930 | Closed |
|
133
Creative Planning
Overland Park,
Kansas
| – | -$22K | -1,109 | Closed |
|
|
SSB
134
Sandy Spring Bank
Olney,
Maryland
| – | -$2K | -106 | Closed |
|
KOP Hedge Fund Activity: Q2 2015 in Review
128 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Koppers (KOP) for Q2 2015, worth a combined $462M — up 21% from $382M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new KOP positions and 6 closed out — a net gain of 20 holders — while 47 added to existing stakes and 40 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $13.2M. The largest seller was Southernsun Asset Management, cutting an estimated $20.1M.
- 128 institutional investors held Koppers (KOP) as of Q2 2015, up from 108 in Q1 2015.
- Funds reported $462M of Koppers stock for Q2 2015, up 21% quarter-over-quarter.
- 26 funds opened new Koppers positions in Q2 2015 and 6 closed out, a net change of +20 holders.
- The largest Koppers buyer in Q2 2015 was Fidelity Investments, an estimated $13.2M added.
- The largest Koppers seller in Q2 2015 was Southernsun Asset Management, an estimated $20.1M sold.
Based on aggregated 13F filings for Q2 2015.