Covisint Corporation
COVS
COVS was delisted on the 26th of July, 2017.
52 hedge funds and large institutions have $99.6M invested in Covisint Corporation in 2013 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 5 closing their positions.
820% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 5
373% more funds holding
Funds holding: 11 → 52 (+41)
316% more capital invested
Capital invested by funds: $23.9M → $99.6M (+$75.7M)
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$16.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$10.9M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$6.07M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$5.54M |
| 5 |
TA
Teton Advisors
Rye,
New York
|
+$4.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.38M |
| 2 |
WSA
Wall Street Associates
Lajolla,
California
|
-$1.3M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$1.11M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$844K |
| 5 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$500K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of America
Charlotte,
North Carolina
| $3K | +$2.54K | +200 | New |
|
52
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $3 | +$3.27K | +257 | New |
|
|
53
Citadel Advisors
Miami,
Florida
| – | -$1.38M | -107,786 | Closed |
|
|
WSA
54
Wall Street Associates
Lajolla,
California
| – | -$1.3M | -101,000 | Closed |
|
|
55
Ameriprise
Minneapolis,
Minnesota
| – | -$844K | -66,012 | Closed |
|
|
SST
56
S Squared Technology
New York
| – | -$289K | -22,500 | Closed |
|
|
GMCM
57
Gruber & McBaine Capital Management
San Francisco,
California
| – | -$128K | -10,000 | Closed |
|
COVS Hedge Fund Activity: Q4 2013 in Review
52 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Covisint Corporation (COVS) for Q4 2013, worth a combined $99.6M — up 316% from $23.9M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new COVS positions and 5 closed out — a net gain of 41 holders — while 4 added to existing stakes and 2 trimmed.
The largest buyer was Capital World Investors, opening a new position worth an estimated $16.3M. The largest seller was Citadel Advisors, exiting entirely with an estimated $1.38M sold.
- 52 institutional investors held Covisint Corporation (COVS) as of Q4 2013, up from 11 in Q3 2013.
- Funds reported $99.6M of Covisint Corporation stock for Q4 2013, up 316% quarter-over-quarter.
- 46 funds opened new Covisint Corporation positions in Q4 2013 and 5 closed out, a net change of +41 holders.
- The largest Covisint Corporation buyer in Q4 2013 was Capital World Investors, an estimated $16.3M added.
- The largest Covisint Corporation seller in Q4 2013 was Citadel Advisors, an estimated $1.38M sold.
Based on aggregated 13F filings for Q4 2013.