Coronation Fund Managers 13F: Adds $2.1M to Coupang (CPNG) Stake
Key Points
- Coronation Fund Managers raised its stake in Coupang by 148,378 shares, valued at approximately $2.06 million, in a filing on October 27, 2026.
- Coronation Fund Managers held 12,643,479 $CPNG shares at quarter end, up 1.19% from the prior quarter.
- The fund's total reported value in Coupang now stands at about $175.4 million, representing 10% of its overall portfolio.
- Coupang's recent trading price is about equal to its closing price on the filing date, but it remains below its 50-day and 200-day moving averages.
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Coronation Fund Managers boosted its stake in Coupang, Inc. (CPNG) by 148,378 shares, valued at about $2.06 million, in a filing on October 27, 2026. This increase brings the fund's total holdings in Coupang to 12,643,479 shares. The information comes from the fund's latest Form 13F filing with the SEC.
CPNG
Coupang, Inc.
Where Coupang Fits in Coronation Fund Managers' Portfolio
Coupang now represents 10% of Coronation's reported portfolio, ranking third among its holdings. The fund reported a total value of approximately $1.75 billion, indicating this position is significant relative to its overall investments.
Other Institutional Activity in Coupang
Dodge & Cox increased its holdings in Coupang by 22,774,800 shares, totaling about 72,008,120 shares worth approximately $1.3 billion. Assenagon Asset Management S.A. added 14,865,737 shares, bringing its total to 28,102,139 shares valued at about $389.8 million. Sepio Capital also grew its stake by 1,472,153 shares, reaching 1,586,760 shares worth about $22 million.
Coupang, Inc. Stock Up 0.1%
Coupang closed at $13.91 on October 27, 2026, the same day as the filing. The stock trades about equal to this recent closing price, but it is below both its 50-day moving average of $14.94 and its 200-day average of $17.42. Additionally, the shares are down about 57% from their 52-week high of $32.35.
Recent Earnings
Coupang reported trailing twelve-month revenue of approximately $35.5 billion, with a net margin of -2.2%. The next earnings report is scheduled for November 3, 2026.
Insider Buying and Selling at Coupang, Inc.
Neil Mehta, a Director at Coupang, purchased 7,350,104 shares valued at about $136.6 million on March 13, 2026. Additionally, General Counsel Harold Rogers sold 192,110 shares for about $3.1 million on August 10, 2026, and Officer Jonathan D Lee sold 5,519 shares on October 2, 2026 for about $75,339.
Analysts Set New Price Targets
On August 6, 2026, B of A Securities maintained a "Buy" rating on Coupang with a price target of $24. On the same day, Deutsche Bank upgraded its rating to "Buy" with a target of $21.5. The consensus among 18 analysts is a "Buy" recommendation with a mean price target of approximately $23.39.
About Coupang
Coupang, Inc. operates a retail business through mobile apps and websites, primarily in South Korea. It offers products through various segments, including fresh grocery delivery and advertising services. This increase in stake by Coronation Fund Managers reflects confidence in Coupang's growth potential despite current market challenges.
Bottom Line
Investors should monitor Coupang's upcoming earnings report on November 3, 2026, as well as any further institutional activity surrounding the stock. This filing highlights a strategic move by Coronation Fund Managers to enhance its position in a key player in the internet retail sector.
Related Filing Alerts
Source: Coronation Fund Managers's 13F filing on $CPNG (Oct 27, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts