COVA Acquisition Corp. Warrants to purchase Class A ordinary shares
COVAW
COVAW was delisted on the 20th of December, 2022.
66 hedge funds and large institutions have $12.3M invested in COVA Acquisition Corp. Warrants to purchase Class A ordinary shares in 2022 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
69% more capital invested
Capital invested by funds: $7.29M → $12.3M (+$5.02M)
10% more funds holding
Funds holding: 60 → 66 (+6)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Ramius Advisors
New York
|
+$88.9K |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$72.8K |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$55.5K |
| 4 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$48K |
| 5 |
AGM
Alpine Global Management
New York
|
+$40K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$78K |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$51K |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$27K |
| 4 |
QGA
Q Global Advisors
Fort Worth,
Texas
|
-$21.9K |
| 5 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$13K |
COVAW Hedge Fund Activity: Q2 2022 in Review
66 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in COVA Acquisition Corp. Warrants to purchase Class A ordinary shares (COVAW) for Q2 2022, worth a combined $12.3M — up 69% from $7.29M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new COVAW positions and 7 closed out — a net gain of 6 holders — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Ramius Advisors, opening a new position worth an estimated $88.9K. The largest seller was Citadel Advisors, exiting entirely with an estimated $78K sold.
- 66 institutional investors held COVA Acquisition Corp. Warrants to purchase Class A ordinary shares (COVAW) as of Q2 2022, up from 60 in Q1 2022.
- Funds reported $12.3M of COVA Acquisition Corp. Warrants to purchase Class A ordinary shares stock for Q2 2022, up 69% quarter-over-quarter.
- 13 funds opened new COVA Acquisition Corp. Warrants to purchase Class A ordinary shares positions in Q2 2022 and 7 closed out, a net change of +6 holders.
- The largest COVA Acquisition Corp. Warrants to purchase Class A ordinary shares buyer in Q2 2022 was Ramius Advisors, an estimated $88.9K added.
- The largest COVA Acquisition Corp. Warrants to purchase Class A ordinary shares seller in Q2 2022 was Citadel Advisors, an estimated $78K sold.
Based on aggregated 13F filings for Q2 2022.