Rivulet Capital’s Covanta Holding Corporation CVA Stock Holding History

Rivulet 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
2015 Q3	–	Sell	-491,100	Closed	-$10.4M	–	10
2015 Q2	$10.4M	Buy	491,100 +126,500	+35%	+$2.76M	5.56%	8
2015 Q1	$8.18M	Buy	364,600 +64,600	+22%	+$1.38M	4.89%	9
2014 Q4	$6.6M	Sell	300,000 -340,000	-53%	-$7.66M	5.5%	9
2014 Q3	$13.6M	Sell	640,000 -35,000	-5%	-$730K	11.28%	4
2014 Q2	$13.9M	Buy	675,000 +20,000	+3%	+$378K	11.51%	3
2014 Q1	$11.8M	Buy	655,000 +45,000	+7%	+$795K	10.7%	3
2013 Q4	$10.8M	Buy	610,000 +110,000	+22%	+$2.04M	8.93%	5
2013 Q3	$10.7M	Sell	500,000 -50,000	-9%	-$1.05M	11.19%	4
2013 Q2	$11M	Buy	+550,000	New	+$11M	8.77%	4

Other funds holding CVA

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

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

FPP

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

ACM

Americafirst Capital Management Roseville, California $74M AUM 13.49% 1-Year Est. Return

TAM

Third Avenue Management New York $616M AUM 45.6% 1-Year Est. Return

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

Makaira Partners La Jolla, California $128M AUM 14.03% 1-Year Est. Return

BIT

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

Rivulet Capital's CVA Position: Q3 2015 in Review

Rivulet Capital sold out of Covanta Holding Corporation (CVA) in Q3 2015, closing a stake of 491,100 shares — an estimated $10.4M sold.

Rivulet Capital first reported a position in CVA in Q2 2013 and held it in 9 quarters. The position peaked at $13.9M in Q2 2014. 219 funds tracked by Wall St. Rank hold CVA as of Q3 2015.

Rivulet Capital reported no remaining Covanta Holding Corporation position as of Q3 2015 after selling out during the quarter.
Rivulet Capital sold 491,100 Covanta Holding Corporation shares in Q3 2015, an estimated $10.4M.
Rivulet Capital first reported a position in Covanta Holding Corporation in Q2 2013 and held it in 9 quarters.
Rivulet Capital's Covanta Holding Corporation position peaked at $13.9M in Q2 2014.
219 funds tracked by Wall St. Rank held Covanta Holding Corporation as of Q3 2015.

Based on Rivulet Capital's 13F filing for Q3 2015, filed 16 Nov 2015.