Koppers
KOP
170 hedge funds and large institutions have $669M invested in Koppers in 2017 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 70 increasing their positions, 64 reducing their positions, and 18 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 64
2% less funds holding
Funds holding: 174 → 170 (-4)
2.49% less ownership
Funds ownership: 91.43% → 88.94% (-2.5%)
16% less capital invested
Capital invested by funds: $800M → $669M (-$131M)
22% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 18
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
+$8.18M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$6.93M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.79M |
| 4 |
RI
Redwood Investments
Boston,
Massachusetts
|
+$2.38M |
| 5 |
State Street
Boston,
Massachusetts
|
+$2.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$6.56M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$6.02M |
| 3 |
MLIM
Mountain Lake Investment Management
Boca Raton,
Florida
|
-$4.88M |
| 4 |
Charles Schwab
San Francisco,
California
|
-$4.66M |
| 5 |
JP Morgan Chase
New York
|
-$4.12M |
KOP Hedge Fund Activity: Q2 2017 in Review
170 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Koppers (KOP) for Q2 2017, worth a combined $669M — down 16% from $800M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of KOP and 14 opened new positions — a net loss of 4 holders — while 64 trimmed existing stakes and 70 added.
The largest buyer was Southernsun Asset Management, adding an estimated $8.18M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $6.56M sold.
- 170 institutional investors held Koppers (KOP) as of Q2 2017, down from 174 in Q1 2017.
- Funds reported $669M of Koppers stock for Q2 2017, down 16% quarter-over-quarter.
- 14 funds opened new Koppers positions in Q2 2017 and 18 closed out, a net change of -4 holders.
- The largest Koppers buyer in Q2 2017 was Southernsun Asset Management, an estimated $8.18M added.
- The largest Koppers seller in Q2 2017 was Lord, Abbett & Co, an estimated $6.56M sold.
Based on aggregated 13F filings for Q2 2017.