Gratia Capital’s Covanta Holding Corporation CVA Stock Holding History

Gratia Capital’s Portfolio CVA Stock Details CVA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-918,514	Closed	-$14.2M	–	45
2015 Q4	$14.2M	Buy	918,514 +25,248	+3%	+$413K	2.61%	10
2015 Q3	$15.6M	Buy	+893,266	New	+$17.7M	2.7%	12
2015 Q2	–	Sell	-182,658	Closed	-$4.1M	–	54
2015 Q1	$4.1M	Buy	+182,658	New	+$3.91M	1.5%	24
2014 Q4	–	Sell	-337,297	Closed	-$7.16M	–	56
2014 Q3	$7.16M	Sell	337,297 -53,694	-14%	-$1.12M	3.48%	9
2014 Q2	$8.06M	Sell	390,991 -107,105	-22%	-$2.02M	4.11%	4
2014 Q1	$8.99M	Buy	+498,096	New	+$8.8M	4%	6

Other funds holding CVA

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Neuberger Berman Group New York $131B AUM 28.36% 1-Year Est. Return

LCS

Levin Capital Strategies New York $1.32B AUM 28.11% 1-Year Est. Return

FPP

Findlay Park Partners London, United Kingdom $7.17B AUM 17.27% 1-Year Est. Return

VFA

Virtus Fund Advisers Hartford, Connecticut $32.1M AUM 39.5% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

TSW

Thompson Siegel & Walmsley Richmond, Virginia $5.7B AUM 6.69% 1-Year Est. Return

Gratia Capital's CVA Position: Q1 2016 in Review

Gratia Capital sold out of Covanta Holding Corporation (CVA) in Q1 2016, closing a stake of 918,514 shares — an estimated $14.2M sold.

Gratia Capital first reported a position in CVA in Q1 2014 and held it in 6 quarters. The position peaked at $15.6M in Q3 2015. 219 funds tracked by Wall St. Rank hold CVA as of Q1 2016.

Gratia Capital reported no remaining Covanta Holding Corporation position as of Q1 2016 after selling out during the quarter.
Gratia Capital sold 918,514 Covanta Holding Corporation shares in Q1 2016, an estimated $14.2M.
Gratia Capital first reported a position in Covanta Holding Corporation in Q1 2014 and held it in 6 quarters.
Gratia Capital's Covanta Holding Corporation position peaked at $15.6M in Q3 2015.
219 funds tracked by Wall St. Rank held Covanta Holding Corporation as of Q1 2016.

Based on Gratia Capital's 13F filing for Q1 2016, filed 13 May 2016.