Copper Rock Capital Partners 13F annual report
Copper Rock Capital Partners is an investment fund managing more than $582 million ran by Michael Forrester. There are currently 56 companies in Mr. Forrester’s portfolio. The largest investments include Adobe Systems Inc and FTI Consulting, together worth $39.5 million.
$582 million Assets Under Management (AUM)
As of 12th October 2020, Copper Rock Capital Partners’s top holding is 48,167 shares of Adobe Systems Inc currently worth over $21 million and making up 3.6% of the portfolio value.
In addition, the fund holds 161,775 shares of FTI Consulting worth $18.5 million, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Generac worth $16.7 million and the next is Electronic Arts worth $16 million, with 121,442 shares owned.
Currently, Copper Rock Capital Partners's portfolio is worth at least $582 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Copper Rock Capital Partners
The Copper Rock Capital Partners office and employees reside in Boston, Massachusetts. According to the last 13-F report filed with the SEC, Michael Forrester serves as the Chief Executive Officer at Copper Rock Capital Partners.
Recent trades
In the most recent 13F filing, Copper Rock Capital Partners revealed that it had opened a new position in
Truist Finl Corp and bought 355,355 shares worth $13.3 million.
The investment fund also strengthened its position in Adobe Systems Inc by buying
6,830 additional shares.
This makes their stake in Adobe Systems Inc total 48,167 shares worth $21 million.
On the other hand, there are companies that Copper Rock Capital Partners is getting rid of from its portfolio.
Copper Rock Capital Partners closed its position in The Timken Co on 19th October 2020.
It sold the previously owned 301,163 shares for $887 million.
Michael Forrester also disclosed a decreased stake in Generac by 0.4%.
This leaves the value of the investment at $16.7 million and 136,732 shares.
One of the smaller hedge funds
The two most similar investment funds to Copper Rock Capital Partners are Pwmco and Bluedrive Global Investors LL.P.. They manage $296 million and $296 million respectively.
Michael Forrester investment strategy
Copper Rock Capital Partners’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 19.9% of
the total portfolio value.
The fund focuses on investments in the United States as
75.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
18% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $91 billion.
The complete list of Copper Rock Capital Partners trades based on 13F SEC filings
These positions were updated on October 19th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| The Timken Co. |
Closed
301,163
|
$887,389,000 | |
| Tandem Diabetes Care, Inc. |
Closed
227,977
|
$879,369,000 | |
| Portland General Electric Co. |
Closed
143,723
|
$736,509,000 | |
| Popular, Inc. |
Closed
183,850
|
$733,175,000 | |
| Landstar Systems Inc |
Closed
148,600
|
$515,098,000 | |
| Element Fleet Management Corp |
Closed
1,259,980
|
$286,181,000 | |
| Adobe Systems Inc |
16.52%
48,167
|
$20,967,000 | 3.60% |
| FTI Consulting, Inc. |
72.84%
161,775
|
$18,531,000 | 3.18% |
| Generac Holdings, Inc. |
39.90%
136,732
|
$16,672,000 | 2.86% |
| Electronic Arts, Inc. |
43.99%
121,442
|
$16,036,000 | 2.76% |
| Ishares Tr Msci India Sm Cp |
Closed
194,294
|
$14,943,000 | |
| Facebook, Inc. |
5.58%
59,110
|
$13,422,000 | 2.31% |
| Zoetis, Inc. |
18.22%
111,205
|
$13,344,000 | 2.29% |
| Truist Finl Corp |
Opened
355,355
|
$13,344,000 | 2.29% |
| Microsoft Corp. |
Opened
64,268
|
$13,079,000 | 2.25% |
| PTC, Inc. |
Opened
163,598
|
$12,726,000 | 2.19% |
| Chegg, Inc. |
Opened
186,677
|
$12,556,000 | 2.16% |
| KBR, Inc. |
Closed
603,766
|
$12,486,000 | |
| Tandem Diabetes Care, Inc. |
Opened
124,132
|
$12,279,000 | 2.11% |
| LHC Group, Inc. |
46.34%
69,504
|
$12,116,000 | 2.08% |
| Illumina, Inc. |
13.18%
32,013
|
$11,856,000 | 2.04% |
| Alphabet, Inc. |
11.56%
8,210
|
$11,606,000 | 1.99% |
| Thermo Fisher Scientific, Inc. |
Opened
31,660
|
$11,472,000 | 1.97% |
| Frontdoor Inc |
Closed
364,523
|
$11,210,000 | |
| Perficient, Inc. |
29.82%
311,559
|
$11,148,000 | 1.92% |
| Flagstar Bancorp, Inc. |
Opened
378,129
|
$11,128,000 | 1.91% |
| BlackLine, Inc. |
45.97%
134,033
|
$11,113,000 | 1.91% |
| Quanta Services, Inc. |
39.04%
283,262
|
$11,112,000 | 1.91% |
| Arcosa, Inc. |
38.63%
263,159
|
$11,105,000 | 1.91% |
| Lamb Weston Holdings, Inc. |
54.75%
170,417
|
$10,895,000 | 1.87% |
| Inphi Corp. |
46.90%
92,231
|
$10,837,000 | 1.86% |
| Grocery Outlet Holding Corp. |
51.15%
262,313
|
$10,702,000 | 1.84% |
| NV5 Global, Inc. |
33.23%
209,913
|
$10,670,000 | 1.83% |
| Fiserv, Inc. |
17.67%
107,792
|
$10,523,000 | 1.81% |
| FirstService Corp. |
37.52%
103,881
|
$10,468,000 | 1.80% |
| Agree Realty Corp. |
31.71%
158,640
|
$10,424,000 | 1.79% |
| Deckers Outdoor Corp. |
Opened
52,315
|
$10,274,000 | 1.77% |
| Parex Res Inc |
17.57%
843,494
|
$10,169,000 | 1.75% |
| Charles River Labs Intl Inc |
43.57%
58,062
|
$10,123,000 | 1.74% |
| Phibro Animal Health Corp. |
110.22%
384,470
|
$10,100,000 | 1.74% |
| Northland Power Inc |
Opened
402,986
|
$10,091,000 | 1.73% |
| ICF International, Inc. |
Closed
198,661
|
$10,071,000 | |
| Element Solutions, Inc. |
34.13%
909,280
|
$9,866,000 | 1.70% |
| Darling Ingredients, Inc. |
39.81%
399,801
|
$9,843,000 | 1.69% |
| R1 RCM, Inc. |
26.34%
878,917
|
$9,800,000 | 1.68% |
| Advanced Energy Industries, Inc. |
45.28%
141,901
|
$9,619,000 | 1.65% |
| Gibraltar Industries, Inc. |
Opened
199,980
|
$9,601,000 | 1.65% |
| AutoNation, Inc. |
Opened
254,561
|
$9,566,000 | 1.64% |
| Aecon Group Inc |
30.54%
873,726
|
$9,503,000 | 1.63% |
| Repligen Corp. |
60.69%
76,445
|
$9,449,000 | 1.62% |
| The TJX Cos., Inc. |
85.90%
186,335
|
$9,421,000 | 1.62% |
| Ingredion, Inc. |
28.80%
112,228
|
$9,315,000 | 1.60% |
| Tmx Group Ltd |
Opened
91,957
|
$9,096,000 | 1.56% |
| Toyo Suisan Kaisha Npv |
Opened
157,100
|
$8,774,000 | 1.51% |
| Aspen Technology, Inc. |
17.14%
83,951
|
$8,698,000 | 1.49% |
| Emergent BioSolutions, Inc. |
45.58%
107,149
|
$8,473,000 | 1.46% |
| MasTec, Inc. |
Opened
188,024
|
$8,437,000 | 1.45% |
| Tripod Technology Inc |
Closed
2,010,000
|
$8,407,000 | |
| NuVasive, Inc. |
35.89%
148,296
|
$8,254,000 | 1.42% |
| Skywest Inc |
Closed
300,000
|
$7,857,000 | |
| CACI International, Inc. |
Opened
35,403
|
$7,678,000 | 1.32% |
| Cogent Communications Holdings, Inc. |
Opened
97,514
|
$7,544,000 | 1.30% |
| Lauder Estee Cos Inc |
Closed
41,768
|
$6,655,000 | |
| Pinnacle Financial Partners, Inc. |
Closed
295,978
|
$6,531,000 | |
| Real Matters Inc |
75.45%
311,136
|
$6,071,000 | 1.04% |
| Ishares Tr Eafe Small Cap Etf |
43.43%
105,515
|
$5,658,000 | 0.97% |
| Lumentum Holdings, Inc. |
45.96%
69,302
|
$5,643,000 | 0.97% |
| Tcs Group Holding Gdr |
Opened
254,975
|
$5,176,000 | 0.89% |
| WEX, Inc. |
Closed
46,418
|
$4,853,000 | |
| Aritzia Inc Sub Vtg Shs |
Closed
500,000
|
$4,371,000 | |
| Capital Power Corp |
67.84%
204,405
|
$4,215,000 | 0.72% |
| Ero Copper Corp |
Opened
100,493
|
$1,457,000 | 0.25% |
| No transactions found | |||
| Showing first 500 out of 72 holdings | |||
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