COVA Acquisition Corp. Warrants to purchase Class A ordinary shares
COVAW
COVAW was delisted on the 20th of December, 2022.
62 hedge funds and large institutions have $10.4M invested in COVA Acquisition Corp. Warrants to purchase Class A ordinary shares in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 7 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
6% less funds holding
Funds holding: 66 → 62 (-4)
16% less capital invested
Capital invested by funds: $12.3M → $10.4M (-$1.94M)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$5.41K |
| 2 |
SCM
Saba Capital Management
New York
|
+$3.56K |
| 3 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$1.74K |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$1.44K |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$1K |
Top Sellers
COVAW Hedge Fund Activity: Q3 2022 in Review
62 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in COVA Acquisition Corp. Warrants to purchase Class A ordinary shares (COVAW) for Q3 2022, worth a combined $10.4M — down 16% from $12.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of COVAW and 3 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 6 added.
The largest buyer was Cowen and Company, adding an estimated $5.41K. The largest seller was Capstone Investment Advisors, exiting entirely with an estimated $5K sold.
- 62 institutional investors held COVA Acquisition Corp. Warrants to purchase Class A ordinary shares (COVAW) as of Q3 2022, down from 66 in Q2 2022.
- Funds reported $10.4M of COVA Acquisition Corp. Warrants to purchase Class A ordinary shares stock for Q3 2022, down 16% quarter-over-quarter.
- 3 funds opened new COVA Acquisition Corp. Warrants to purchase Class A ordinary shares positions in Q3 2022 and 7 closed out, a net change of -4 holders.
- The largest COVA Acquisition Corp. Warrants to purchase Class A ordinary shares buyer in Q3 2022 was Cowen and Company, an estimated $5.41K added.
- The largest COVA Acquisition Corp. Warrants to purchase Class A ordinary shares seller in Q3 2022 was Capstone Investment Advisors, an estimated $5K sold.
Based on aggregated 13F filings for Q3 2022.