The cluster is dominated by active asset managers, but the small absolute dollar amounts relative to top holders (Mirae $585M, BMO $445M) suggest this is a minor rebalancing. Monitor next 13F for continuation of buying or reversal.
Executive Summary
Three asset managers increased COPX positions by $8.2M in Q3 2026, led by Mirae Asset doubling its stake to $6.5M, while two sellers reduced by $1.8M. The cluster shows mixed conviction with no insider buying corroboration.
Key Financial Metrics
Institutional Positions
Net institutional flow: $6.4M
▲ Buyers (3)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Mirae Asset Global Investments Co. | DOUBLED | +529.3% | $6.5M | $5.6M |
| D.a. Davidson & | ADD | +95.2% | $5.0M | $2.6M |
| Assetmark | DOUBLED | +1220.7% | $32.0K | $30.0K |
▼ Sellers (2)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| Sumitomo Mitsui Trust Group | NEAR_EXIT | -84.6% | $1.7M | -$1.4M |
| Vontobel Holding | TRIM | -32.6% | $1.4M | -$351.0K |
Key Facts
- 3 buyers added $8.2M in net new positions, 2 sellers reduced by $1.8M
- Mirae Asset Global Investments doubled its COPX position to $6.5M (shares up 529%)
- D.A. Davidson added 95% to its stake, now $5.0M
- Sumitomo Mitsui Trust nearly exited, cutting 84.6% of its position
- No open-market insider buying detected in the same window
Financial Impact
Net institutional buying of $6.4M across 5 funds; total buyer holdings $11.5M vs seller holdings $1.3M
Risk Factors
- 13F data is 45+ days stale; positions may have been unwound since quarter-end
- No insider buying to corroborate institutional conviction
- Small position sizes relative to total AUM limit signal strength
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-COPX-2026-Q3 |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers