COVA Acquisition Corp. Warrants to purchase Class A ordinary shares
COVAW
COVAW was delisted on the 20th of December, 2022.
60 hedge funds and large institutions have $7.29M invested in COVA Acquisition Corp. Warrants to purchase Class A ordinary shares in 2022 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 13 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
2% more funds holding
Funds holding: 59 → 60 (+1)
16% less capital invested
Capital invested by funds: $8.69M → $7.29M (-$1.4M)
54% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$279K |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$46.2K |
| 3 |
CCM
Context Capital Management
Lajolla,
California
|
+$46.1K |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$42K |
| 5 |
SRCM
Sage Rock Capital Management
New York
|
+$38.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Ramius Advisors
New York
|
-$249K |
| 2 |
CC
Covalis Capital
London,
United Kingdom
|
-$190K |
| 3 |
Blackstone Inc
New York
|
-$149K |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$102K |
| 5 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$99K |
COVAW Hedge Fund Activity: Q1 2022 in Review
60 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in COVA Acquisition Corp. Warrants to purchase Class A ordinary shares (COVAW) for Q1 2022, worth a combined $7.29M — down 16% from $8.69M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new COVAW positions and 7 closed out — a net gain of 1 holder — while 6 added to existing stakes and 13 trimmed.
The largest buyer was Aristeia Capital, adding an estimated $279K. The largest seller was Ramius Advisors, exiting entirely with an estimated $249K sold.
- 60 institutional investors held COVA Acquisition Corp. Warrants to purchase Class A ordinary shares (COVAW) as of Q1 2022, up from 59 in Q4 2021.
- Funds reported $7.29M of COVA Acquisition Corp. Warrants to purchase Class A ordinary shares stock for Q1 2022, down 16% quarter-over-quarter.
- 8 funds opened new COVA Acquisition Corp. Warrants to purchase Class A ordinary shares positions in Q1 2022 and 7 closed out, a net change of +1 holder.
- The largest COVA Acquisition Corp. Warrants to purchase Class A ordinary shares buyer in Q1 2022 was Aristeia Capital, an estimated $279K added.
- The largest COVA Acquisition Corp. Warrants to purchase Class A ordinary shares seller in Q1 2022 was Ramius Advisors, an estimated $249K sold.
Based on aggregated 13F filings for Q1 2022.