Koppers
KOP
132 hedge funds and large institutions have $348M invested in Koppers in 2020 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 52 increasing their positions, 34 reducing their positions, and 33 closing their positions.
856% more call options, than puts
Call options by funds: $1.38M | Put options by funds: $144K
53% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 34
47% more capital invested
Capital invested by funds: $236M → $348M (+$112M)
3.93% less ownership
Funds ownership: 92.06% → 88.13% (-3.9%)
6% less funds holding
Funds holding: 141 → 132 (-9)
24% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 33
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$5.4M |
| 2 |
Millennium Management
New York
|
+$4.23M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$3.01M |
| 4 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$2.72M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$1.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$3.12M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$2.68M |
| 3 |
Morgan Stanley
New York
|
-$1.94M |
| 4 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$1.56M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$1.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSB
151
Sandy Spring Bank
Olney,
Maryland
| – | -$36K | -2,880 | Closed |
|
|
FC
152
FORA Capital
Miami,
Florida
| – | -$16K | -1,272 | Closed |
|
153
Zurich Cantonal Bank
Zurich,
Switzerland
| – | -$15K | -1,205 | Closed |
|
|
HIIFS
154
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
| – | -$12K | -1,002 | Closed |
|
155
US Bancorp
Minneapolis,
Minnesota
| – | -$6K | -438 | Closed |
|
|
LWCFA
156
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| – | -$5K | -415 | Closed |
|
|
SAM
157
S.A. Mason
Holland,
Michigan
| – | -$1K | -100 | Closed |
|
|
QCG
158
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$1K | -62 | Closed |
|
|
EI
159
Ellevest Inc
New York
| – | -$1K | -44 | Closed |
|
|
IA
160
IFP Advisors
Tampa,
Florida
| – | -$410 | -27 | Closed |
|
|
OPS
161
Orion Portfolio Solutions
Omaha,
Nebraska
| – | +$167 | +11 | New |
|
|
PFO
162
Pathstone Family Office
Englewood,
New Jersey
| – | +$273 | +18 | New |
|
|
HGWM
163
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | +$547 | +36 | New |
|
KOP Hedge Fund Activity: Q2 2020 in Review
132 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Koppers (KOP) for Q2 2020, worth a combined $348M — up 47% from $236M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of KOP and 25 opened new positions — a net loss of 8 holders — while 34 trimmed existing stakes and 52 added.
The largest buyer was Brandes Investment Partners, opening a new position worth an estimated $5.4M. The largest seller was Prudential Financial, cutting an estimated $3.12M.
- 132 institutional investors held Koppers (KOP) as of Q2 2020, down from 141 in Q1 2020.
- Funds reported $348M of Koppers stock for Q2 2020, up 47% quarter-over-quarter.
- 25 funds opened new Koppers positions in Q2 2020 and 33 closed out, a net change of -8 holders.
- The largest Koppers buyer in Q2 2020 was Brandes Investment Partners, an estimated $5.4M added.
- The largest Koppers seller in Q2 2020 was Prudential Financial, an estimated $3.12M sold.
Based on aggregated 13F filings for Q2 2020.