CNOVA N.V.
CNV
CNV was delisted on the 2nd of March, 2017.
31 hedge funds and large institutions have $79.7M invested in CNOVA N.V. in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 9 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
9% less funds holding
Funds holding: 34 → 31 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
37% less capital invested
Capital invested by funds: $127M → $79.7M (-$47M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
75% less call options, than puts
Call options by funds: $25K | Put options by funds: $102K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$8.86M |
| 2 |
SCH
Sylebra Capital (HK)
Hong Kong
|
+$6.22M |
| 3 |
QOP
Quinn Opportunity Partners
Charlottesville,
Virginia
|
+$1.16M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$793K |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$568K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Moore Capital Management
New York
|
-$8.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.86M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$5.54M |
| 4 |
PAM
PSquared Asset Management
Zurich,
Switzerland
|
-$4.05M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$3.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PG
26
PEAK6 Group
Chicago,
Illinois
| $94K | +$62.7K | +9,521 | +173% |
|
|
CSS
27
Cubist Systematic Strategies
Stamford,
Connecticut
| $67K | -$11.2K | -1,706 | -14% |
|
28
Bank of America
Charlotte,
North Carolina
| $28K | -$148K | -22,542 | -83% |
|
29
UBS Group
Zurich,
Switzerland
| $16K | +$2.89K | +439 | +20% |
|
30
Citigroup
New York
| $3K | +$3.63K | +552 | New |
|
|
31
Alyeska Investment Group
Chicago,
Illinois
| – | -$5.54M | -700,000 | Closed |
|
|
PAM
32
PSquared Asset Management
Zurich,
Switzerland
| – | -$4.05M | -512,547 | Closed |
|
|
33
Marshall Wace
London,
United Kingdom
| – | -$3.38M | -426,982 | Closed |
|
|
TA
34
Teachers Advisors
New York
| – | -$2.59M | -326,879 | Closed |
|
|
KA
35
Kerrisdale Advisers
Miami,
Florida
| – | -$2.02M | -254,816 | Closed |
|
|
LCM
36
Laurion Capital Management
New York
| – | -$1.19M | -150,000 | Closed |
|
37
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$1.02M | -129,629 | Closed |
|
|
HIP
38
Hatteras Investment Partners
Raleigh,
North Carolina
| – | -$340K | -43,016 | Closed |
|
39
Simplex Trading
Chicago,
Illinois
| – | +$211 | +32 | New |
|
CNV Hedge Fund Activity: Q1 2015 in Review
31 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in CNOVA N.V. (CNV) for Q1 2015, worth a combined $79.7M — down 37% from $127M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of CNV and 6 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 13 added.
The largest buyer was Invesco, opening a new position worth an estimated $8.86M. The largest seller was Moore Capital Management, cutting an estimated $8.7M.
- 31 institutional investors held CNOVA N.V. (CNV) as of Q1 2015, down from 34 in Q4 2014.
- Funds reported $79.7M of CNOVA N.V. stock for Q1 2015, down 37% quarter-over-quarter.
- 6 funds opened new CNOVA N.V. positions in Q1 2015 and 9 closed out, a net change of -3 holders.
- The largest CNOVA N.V. buyer in Q1 2015 was Invesco, an estimated $8.86M added.
- The largest CNOVA N.V. seller in Q1 2015 was Moore Capital Management, an estimated $8.7M sold.
Based on aggregated 13F filings for Q1 2015.