Covisint Corporation
COVS
COVS was delisted on the 26th of July, 2017.
59 hedge funds and large institutions have $61M invested in Covisint Corporation in 2016 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 13 increasing their positions, 19 reducing their positions, and 6 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less capital invested
Capital invested by funds: $61.6M → $61M (-$587K)
8% less funds holding
Funds holding: 64 → 59 (-5)
32% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 19
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Dialectic Capital Management
Norwalk,
Connecticut
|
+$353K |
| 2 |
Renaissance Technologies
New York
|
+$83.4K |
| 3 |
SIM
Spark Investment Management
New York
|
+$61.4K |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$47.6K |
| 5 |
Neuberger Berman Group
New York
|
+$24K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$597K |
| 2 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
-$168K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$76K |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$66.8K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$41.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of Montreal
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
|
52
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
| – | -$597K | -273,987 | Closed |
|
|
VKH
53
Virtu KCG Holdings
New York
| – | -$39K | -18,026 | Closed |
|
|
ARTA
54
A.R.T. Advisors
New York
| – | -$33K | -15,484 | Closed |
|
|
OAM
55
Oxford Asset Management
Oxford,
United Kingdom
| – | -$23K | -10,440 | Closed |
|
COVS Hedge Fund Activity: Q3 2016 in Review
59 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Covisint Corporation (COVS) for Q3 2016, worth a combined $61M — down 0.95% from $61.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of COVS and 1 opened new positions — a net loss of 5 holders — while 19 trimmed existing stakes and 13 added.
The largest buyer was Dialectic Capital Management, adding an estimated $353K. The largest seller was Grantham, Mayo, Van Otterloo & Co (GMO), exiting entirely with an estimated $597K sold.
- 59 institutional investors held Covisint Corporation (COVS) as of Q3 2016, down from 64 in Q2 2016.
- Funds reported $61M of Covisint Corporation stock for Q3 2016, down 0.95% quarter-over-quarter.
- 1 fund opened new Covisint Corporation positions in Q3 2016 and 6 closed out, a net change of -5 holders.
- The largest Covisint Corporation buyer in Q3 2016 was Dialectic Capital Management, an estimated $353K added.
- The largest Covisint Corporation seller in Q3 2016 was Grantham, Mayo, Van Otterloo & Co (GMO), an estimated $597K sold.
Based on aggregated 13F filings for Q3 2016.