Koppers
KOP
158 hedge funds and large institutions have $780M invested in Koppers in 2014 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 74 increasing their positions, 43 reducing their positions, and 18 closing their positions.
72% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 43
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
2% more call options, than puts
Call options by funds: $978K | Put options by funds: $962K
0% more funds holding
Funds holding: 158 → 158 (0)
0.87% less ownership
Funds ownership: 92.51% → 91.64% (-0.87%)
9% less capital invested
Capital invested by funds: $860M → $780M (-$79.9M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$17M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$13.3M |
| 3 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
+$13.1M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$9.64M |
| 5 |
Renaissance Technologies
New York
|
+$6.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$55.7M |
| 2 |
CCM
Century Capital Management
Boston,
Massachusetts
|
-$30.8M |
| 3 |
Morgan Stanley
New York
|
-$6.35M |
| 4 |
Goldman Sachs
New York
|
-$4.84M |
| 5 |
DIA
Dean Investment Associates
Beavercreek,
Ohio
|
-$2.92M |
KOP Hedge Fund Activity: Q1 2014 in Review
158 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Koppers (KOP) for Q1 2014, worth a combined $780M — down 9.3% from $860M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new KOP positions and 18 closed out — a net gain of 3 holders — while 74 added to existing stakes and 43 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $17M. The largest seller was T. Rowe Price Associates, cutting an estimated $55.7M.
- 158 institutional investors held Koppers (KOP) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $780M of Koppers stock for Q1 2014, down 9.3% quarter-over-quarter.
- 21 funds opened new Koppers positions in Q1 2014 and 18 closed out, a net change of +3 holders.
- The largest Koppers buyer in Q1 2014 was Fidelity Investments, an estimated $17M added.
- The largest Koppers seller in Q1 2014 was T. Rowe Price Associates, an estimated $55.7M sold.
Based on aggregated 13F filings for Q1 2014.