Koppers
KOP
138 hedge funds and large institutions have $370M invested in Koppers in 2015 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 57 increasing their positions, 34 reducing their positions, and 18 closing their positions.
68% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 34
61% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 18
8% more funds holding
Funds holding: 128 → 138 (+10)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.8% less ownership
Funds ownership: 91.12% → 89.32% (-1.8%)
20% less capital invested
Capital invested by funds: $462M → $370M (-$92.2M)
34% less call options, than puts
Call options by funds: $192K | Put options by funds: $290K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$7.2M |
| 2 |
DCM
DG Capital Management
New York
|
+$4.59M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$3.91M |
| 4 |
WC
Wynnefield Capital
New York
|
+$3.34M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$3.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$26.7M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$11.6M |
| 3 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
-$9.82M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$5.6M |
| 5 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
-$3.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAM
151
Capstone Asset Management
Houston,
Texas
| – | -$216K | -8,726 | Closed |
|
|
SCM
152
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$203K | -8,225 | Closed |
|
153
Axa
Paris,
France
| – | -$77K | -3,100 | Closed |
|
|
JG
154
Jefferies Group
New York
| – | -$52K | -2,104 | Closed |
|
|
QT
155
Quantbot Technologies
New York
| – | -$4K | -192 | Closed |
|
|
TRCT
156
Tower Research Capital (TRC)
New York
| – | -$3K | -123 | Closed |
|
KOP Hedge Fund Activity: Q3 2015 in Review
138 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Koppers (KOP) for Q3 2015, worth a combined $370M — down 20% from $462M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new KOP positions and 18 closed out — a net gain of 11 holders — while 57 added to existing stakes and 34 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $7.2M. The largest seller was Wellington Management Group, exiting entirely with an estimated $26.7M sold.
- 138 institutional investors held Koppers (KOP) as of Q3 2015, up from 128 in Q2 2015.
- Funds reported $370M of Koppers stock for Q3 2015, down 20% quarter-over-quarter.
- 29 funds opened new Koppers positions in Q3 2015 and 18 closed out, a net change of +11 holders.
- The largest Koppers buyer in Q3 2015 was Morgan Stanley, an estimated $7.2M added.
- The largest Koppers seller in Q3 2015 was Wellington Management Group, an estimated $26.7M sold.
Based on aggregated 13F filings for Q3 2015.