COVA Acquisition Corp. Class A Ordinary Share
COVA
COVA was delisted on the 20th of December, 2022.
83 hedge funds and large institutions have $226M invested in COVA Acquisition Corp. Class A Ordinary Share in 2022 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 19 increasing their positions, 9 reducing their positions, and 11 closing their positions.
111% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 9
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
13% more capital invested
Capital invested by funds: $200M → $226M (+$26.4M)
2% more funds holding
Funds holding: 81 → 83 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$16.2M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$2.93M |
| 3 |
LA
Linden Advisors
New York
|
+$2.92M |
| 4 |
CCM
Context Capital Management
Lajolla,
California
|
+$2.68M |
| 5 |
SCM
Saba Capital Management
New York
|
+$2.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$5.86M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$2.44M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$1.17M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$1.08M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$980K |
COVA Hedge Fund Activity: Q1 2022 in Review
83 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in COVA Acquisition Corp. Class A Ordinary Share (COVA) for Q1 2022, worth a combined $226M — up 13% from $200M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new COVA positions and 11 closed out — a net gain of 2 holders — while 19 added to existing stakes and 9 trimmed.
The largest buyer was Aristeia Capital, opening a new position worth an estimated $16.2M. The largest seller was Blackstone Inc, exiting entirely with an estimated $5.86M sold.
- 83 institutional investors held COVA Acquisition Corp. Class A Ordinary Share (COVA) as of Q1 2022, up from 81 in Q4 2021.
- Funds reported $226M of COVA Acquisition Corp. Class A Ordinary Share stock for Q1 2022, up 13% quarter-over-quarter.
- 13 funds opened new COVA Acquisition Corp. Class A Ordinary Share positions in Q1 2022 and 11 closed out, a net change of +2 holders.
- The largest COVA Acquisition Corp. Class A Ordinary Share buyer in Q1 2022 was Aristeia Capital, an estimated $16.2M added.
- The largest COVA Acquisition Corp. Class A Ordinary Share seller in Q1 2022 was Blackstone Inc, an estimated $5.86M sold.
Based on aggregated 13F filings for Q1 2022.