CNOVA N.V.
CNV
CNV was delisted on the 2nd of March, 2017.
21 hedge funds and large institutions have $25M invested in CNOVA N.V. in 2015 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 7 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
16% less funds holding
Funds holding: 25 → 21 (-4)
20% less capital invested
Capital invested by funds: $31.3M → $25M (-$6.27M)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.73M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.06M |
| 3 |
SIM
Spark Investment Management
New York
|
+$185K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$42.5K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$16.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$1.38M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
-$829K |
| 3 |
QOP
Quinn Opportunity Partners
Charlottesville,
Virginia
|
-$577K |
| 4 |
BBCM
Boardman Bay Capital Management
New York
|
-$250K |
| 5 |
Millennium Management
New York
|
-$167K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$41K | -13,713 | Closed |
|
27
Barclays
London,
United Kingdom
| – | -$1K | -300 | Closed |
|
|
CG
28
Cutler Group
San Francisco,
California
| – | +$1.15K | +400 | New |
|
CNV Hedge Fund Activity: Q4 2015 in Review
21 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in CNOVA N.V. (CNV) for Q4 2015, worth a combined $25M — down 20% from $31.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of CNV and 3 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 7 added.
The largest buyer was Fidelity Investments, adding an estimated $1.73M. The largest seller was Federated Hermes, exiting entirely with an estimated $1.38M sold.
- 21 institutional investors held CNOVA N.V. (CNV) as of Q4 2015, down from 25 in Q3 2015.
- Funds reported $25M of CNOVA N.V. stock for Q4 2015, down 20% quarter-over-quarter.
- 3 funds opened new CNOVA N.V. positions in Q4 2015 and 7 closed out, a net change of -4 holders.
- The largest CNOVA N.V. buyer in Q4 2015 was Fidelity Investments, an estimated $1.73M added.
- The largest CNOVA N.V. seller in Q4 2015 was Federated Hermes, an estimated $1.38M sold.
Based on aggregated 13F filings for Q4 2015.