COVA Acquisition Corp. Class A Ordinary Share
COVA
COVA was delisted on the 20th of December, 2022.
76 hedge funds and large institutions have $179M invested in COVA Acquisition Corp. Class A Ordinary Share in 2021 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 15 increasing their positions, 6 reducing their positions, and 3 closing their positions.
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
150% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 6
17% more funds holding
Funds holding: 65 → 76 (+11)
12% more capital invested
Capital invested by funds: $160M → $179M (+$18.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$2.57M |
| 2 |
D.E. Shaw & Co
New York
|
+$2.31M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.22M |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$1.96M |
| 5 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Verition Fund Management
Greenwich,
Connecticut
|
-$1.21M |
| 2 |
MSU
Mizuho Securities USA
New York
|
-$1.12M |
| 3 |
RA
Ramius Advisors
New York
|
-$662K |
| 4 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$188K |
| 5 |
DTL
Dynamic Technology Lab
Singapore
|
-$106K |
COVA Hedge Fund Activity: Q3 2021 in Review
76 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in COVA Acquisition Corp. Class A Ordinary Share (COVA) for Q3 2021, worth a combined $179M — up 12% from $160M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new COVA positions and 3 closed out — a net gain of 11 holders — while 15 added to existing stakes and 6 trimmed.
The largest buyer was Shaolin Capital Management, opening a new position worth an estimated $2.57M. The largest seller was Verition Fund Management, cutting an estimated $1.21M.
- 76 institutional investors held COVA Acquisition Corp. Class A Ordinary Share (COVA) as of Q3 2021, up from 65 in Q2 2021.
- Funds reported $179M of COVA Acquisition Corp. Class A Ordinary Share stock for Q3 2021, up 12% quarter-over-quarter.
- 14 funds opened new COVA Acquisition Corp. Class A Ordinary Share positions in Q3 2021 and 3 closed out, a net change of +11 holders.
- The largest COVA Acquisition Corp. Class A Ordinary Share buyer in Q3 2021 was Shaolin Capital Management, an estimated $2.57M added.
- The largest COVA Acquisition Corp. Class A Ordinary Share seller in Q3 2021 was Verition Fund Management, an estimated $1.21M sold.
Based on aggregated 13F filings for Q3 2021.