Covisint Corporation
COVS
COVS was delisted on the 26th of July, 2017.
131 hedge funds and large institutions have $87.7M invested in Covisint Corporation in 2014 Q4 according to their latest regulatory filings, with 93 funds opening new positions, 31 increasing their positions, 5 reducing their positions, and 2 closing their positions.
4,550% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 2
520% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 5
220% more funds holding
Funds holding: 41 → 131 (+90)
190% more capital invested
Capital invested by funds: $30.3M → $87.7M (+$57.4M)
62% less call options, than puts
Call options by funds: $77K | Put options by funds: $205K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
+$8.46M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.79M |
| 3 |
Parnassus Investments
San Francisco,
California
|
+$6.34M |
| 4 |
OP
Osmium Partners
Greenbrae,
California
|
+$3.61M |
| 5 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$3.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
-$1.73M |
| 2 |
LOM
Loeb Offshore Management
New York
|
-$584K |
| 3 |
LCM
LionEye Capital Management
New York
|
-$206K |
| 4 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
-$157K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$21.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$80 | +28 | New |
|
|
RIA
127
Regal Investment Advisors
Kentwood,
Michigan
| – | +$80 | +28 | New |
|
128
Fifth Third Bancorp
Cincinnati,
Ohio
| – | +$201 | +70 | New |
|
|
VFA
129
Virtus Fund Advisers
Hartford,
Connecticut
| – | +$235 | +82 | New |
|
|
ASN
130
Advisory Services Network
Atlanta,
Georgia
| – | +$241 | +84 | New |
|
|
CWM
131
Cranbrook Wealth Management
Bloomfield Hills,
Michigan
| – | +$401 | +140 | New |
|
132
First Manhattan
New York
| – | +$802 | +280 | New |
|
133
Bank of Montreal
Toronto,
Ontario, Canada
| – | +$882 | +308 | New |
|
COVS Hedge Fund Activity: Q4 2014 in Review
131 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Covisint Corporation (COVS) for Q4 2014, worth a combined $87.7M — up 190% from $30.3M a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new COVS positions and 2 closed out — a net gain of 91 holders — while 31 added to existing stakes and 5 trimmed.
The largest buyer was Elliott Management, opening a new position worth an estimated $8.46M. The largest seller was ING Group, exiting entirely with an estimated $1.73M sold.
- 131 institutional investors held Covisint Corporation (COVS) as of Q4 2014, up from 41 in Q3 2014.
- Funds reported $87.7M of Covisint Corporation stock for Q4 2014, up 190% quarter-over-quarter.
- 93 funds opened new Covisint Corporation positions in Q4 2014 and 2 closed out, a net change of +91 holders.
- The largest Covisint Corporation buyer in Q4 2014 was Elliott Management, an estimated $8.46M added.
- The largest Covisint Corporation seller in Q4 2014 was ING Group, an estimated $1.73M sold.
Based on aggregated 13F filings for Q4 2014.