COVA Acquisition Corp. Class A Ordinary Share
COVA
COVA was delisted on the 20th of December, 2022.
84 hedge funds and large institutions have $249M invested in COVA Acquisition Corp. Class A Ordinary Share in 2022 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 17 increasing their positions, 8 reducing their positions, and 9 closing their positions.
113% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 8
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
10% more capital invested
Capital invested by funds: $226M → $249M (+$22.5M)
1% more funds holding
Funds holding: 83 → 84 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$9.72M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$7.39M |
| 3 |
MMA
Mizuho Markets Americas
New York
|
+$6.05M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$5.89M |
| 5 |
CF
Cantor Fitzgerald
New York
|
+$5.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
-$11.8M |
| 2 |
LA
Linden Advisors
New York
|
-$7.3M |
| 3 |
D.E. Shaw & Co
New York
|
-$4.21M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$2.61M |
| 5 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$1.53M |
COVA Hedge Fund Activity: Q2 2022 in Review
84 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in COVA Acquisition Corp. Class A Ordinary Share (COVA) for Q2 2022, worth a combined $249M — up 9.9% from $226M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new COVA positions and 9 closed out — a net gain of 2 holders — while 17 added to existing stakes and 8 trimmed.
The largest buyer was Millennium Management, adding an estimated $9.72M. The largest seller was Altshuler Shaham, exiting entirely with an estimated $11.8M sold.
- 84 institutional investors held COVA Acquisition Corp. Class A Ordinary Share (COVA) as of Q2 2022, up from 83 in Q1 2022.
- Funds reported $249M of COVA Acquisition Corp. Class A Ordinary Share stock for Q2 2022, up 9.9% quarter-over-quarter.
- 11 funds opened new COVA Acquisition Corp. Class A Ordinary Share positions in Q2 2022 and 9 closed out, a net change of +2 holders.
- The largest COVA Acquisition Corp. Class A Ordinary Share buyer in Q2 2022 was Millennium Management, an estimated $9.72M added.
- The largest COVA Acquisition Corp. Class A Ordinary Share seller in Q2 2022 was Altshuler Shaham, an estimated $11.8M sold.
Based on aggregated 13F filings for Q2 2022.