Koppers
KOP
174 hedge funds and large institutions have $800M invested in Koppers in 2017 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 72 increasing their positions, 57 reducing their positions, and 13 closing their positions.
108% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 13
26% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 57
8% more capital invested
Capital invested by funds: $740M → $800M (+$60.7M)
4% more funds holding
Funds holding: 167 → 174 (+7)
2.57% more ownership
Funds ownership: 88.86% → 91.43% (+2.6%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$106M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$9.59M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.55M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$6.77M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$6.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFA
Alta Fundamental Advisers
New York
|
-$22M |
| 2 |
MLIM
Mountain Lake Investment Management
Boca Raton,
Florida
|
-$6.58M |
| 3 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
-$3.83M |
| 4 |
BPIM
Brant Point Investment Management
New York
|
-$3.26M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$2.37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BPIM
176
Brant Point Investment Management
New York
| – | -$3.26M | -80,900 | Closed |
|
|
SCA
177
Secor Capital Advisors
New York
| – | -$1.74M | -43,096 | Closed |
|
178
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$958K | -22,805 | Closed |
|
|
FM
179
Fondren Management
Houston,
Texas
| – | -$830K | -20,600 | Closed |
|
|
HHC
180
Hutchin Hill Capital
New York
| – | -$790K | -19,600 | Closed |
|
|
HCM
181
Highbridge Capital Management
New York
| – | -$594K | -14,736 | Closed |
|
|
DCM
182
Dupont Capital Management
Wilmington,
Delaware
| – | -$376K | -9,319 | Closed |
|
183
HSBC Holdings
London,
United Kingdom
| – | -$218K | -5,420 | Closed |
|
|
SDIC
184
South Dakota Investment Council
Sioux Falls,
South Dakota
| – | -$181K | -4,500 | Closed |
|
|
AP
185
Advisors Preferred
Rockville,
Maryland
| – | -$78K | -1,928 | Closed |
|
186
Walleye Trading
New York
| – | -$64K | -1,600 | Closed |
|
187
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -33 | Closed |
|
KOP Hedge Fund Activity: Q1 2017 in Review
174 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Koppers (KOP) for Q1 2017, worth a combined $800M — up 8.2% from $740M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new KOP positions and 13 closed out — a net gain of 14 holders — while 72 added to existing stakes and 57 trimmed.
The largest buyer was BlackRock, adding an estimated $106M. The largest seller was Alta Fundamental Advisers, exiting entirely with an estimated $22M sold.
- 174 institutional investors held Koppers (KOP) as of Q1 2017, up from 167 in Q4 2016.
- Funds reported $800M of Koppers stock for Q1 2017, up 8.2% quarter-over-quarter.
- 27 funds opened new Koppers positions in Q1 2017 and 13 closed out, a net change of +14 holders.
- The largest Koppers buyer in Q1 2017 was BlackRock, an estimated $106M added.
- The largest Koppers seller in Q1 2017 was Alta Fundamental Advisers, an estimated $22M sold.
Based on aggregated 13F filings for Q1 2017.