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COVS

Covisint Corporation
COVS

Delisted

COVS was delisted on the 26th of July, 2017.

86 hedge funds and large institutions have $101M invested in Covisint Corporation in 2015 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 18 increasing their positions, 36 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

48% more capital invested

Capital invested by funds: $68.1M → $101M (+$32.4M)

18% less funds holding

Funds holding: 10586 (-19)

50% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 36

58% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 33

Holders
86
Holders Change
-19
Holders Change %
-18.1%
% of All Funds
2.32%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
14
Increased
18
Reduced
36
Closed
33
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
OP
76
Osmium Partners
California
-$2.43M -1,198,255 Closed
HCM
77
Highfields Capital Management
Massachusetts
-$1.99M -979,835 Closed
CRC
78
Curi RMB Capital
Illinois
-$1.72M -846,832 Closed
LCM
79
LionEye Capital Management
New York
-$967K -476,469 Closed
GCIA
80
Gabelli & Co Investment Advisers
New York
-$332K -163,507 Closed
LIM
81
Longfellow Investment Management
Massachusetts
-$253K -124,685 Closed
California State Teachers Retirement System (CalSTRS)
82
California State Teachers Retirement System (CalSTRS)
California
-$144K -70,962 Closed
Charles Schwab
83
Charles Schwab
California
-$128K -62,772 Closed
SCP
84
Seizert Capital Partners
Michigan
-$126K -61,920 Closed
GI
85
GAMCO Investors
Connecticut
-$124K -60,939 Closed
TA
86
Teachers Advisors
New York
-$123K -60,571 Closed
RhumbLine Advisers
87
RhumbLine Advisers
Massachusetts
-$111K -54,704 Closed
AllianceBernstein
88
AllianceBernstein
Tennessee
-$106K -51,985 Closed
SG Americas Securities
89
SG Americas Securities
New York
-$78K -38,545 Closed
VOAM
90
Vertex One Asset Management
British Columbia, Canada
-$75K -36,850 Closed
State Board of Administration of Florida Retirement System
91
State Board of Administration of Florida Retirement System
Florida
-$61K -30,033 Closed
NFA
92
Nationwide Fund Advisors
Ohio
-$56K -27,772 Closed
KAM
93
Kassirer Asset Management
Ontario, Canada
-$48K -23,673 Closed
KC
94
Kellner Capital
New York
-$39K -19,354 Closed
State of Wisconsin Investment Board
95
State of Wisconsin Investment Board
Wisconsin
-$31K -15,428 Closed
VOYA Investment Management
96
VOYA Investment Management
Georgia
-$28K -13,829 Closed
Susquehanna International Group
97
Susquehanna International Group
Pennsylvania
-$23K -11,488 Closed
BRWM
98
B. Riley Wealth Management
Tennessee
-$20K -10,000 Closed
PCM
99
Prelude Capital Management
New York
-$10K -4,936 Closed
Legal & General Group
100
Legal & General Group
United Kingdom
-$9K -4,482 Closed

COVS Hedge Fund Activity: Q2 2015 in Review

86 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Covisint Corporation (COVS) for Q2 2015, worth a combined $101M — up 48% from $68.1M a quarter earlier.

Sellers outnumbered buyers: 33 funds closed out of COVS and 14 opened new positions — a net loss of 19 holders — while 36 trimmed existing stakes and 18 added.

The largest buyer was J. Goldman & Co, adding an estimated $3.6M. The largest seller was Osmium Partners, exiting entirely with an estimated $2.43M sold.

  • 86 institutional investors held Covisint Corporation (COVS) as of Q2 2015, down from 105 in Q1 2015.
  • Funds reported $101M of Covisint Corporation stock for Q2 2015, up 48% quarter-over-quarter.
  • 14 funds opened new Covisint Corporation positions in Q2 2015 and 33 closed out, a net change of -19 holders.
  • The largest Covisint Corporation buyer in Q2 2015 was J. Goldman & Co, an estimated $3.6M added.
  • The largest Covisint Corporation seller in Q2 2015 was Osmium Partners, an estimated $2.43M sold.

Based on aggregated 13F filings for Q2 2015.