Covisint Corporation
COVS
COVS was delisted on the 26th of July, 2017.
64 hedge funds and large institutions have $61.6M invested in Covisint Corporation in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 8 closing their positions.
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
8% more capital invested
Capital invested by funds: $57.3M → $61.6M (+$4.35M)
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
0% more funds holding
Funds holding: 64 → 64 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Dialectic Capital Management
Norwalk,
Connecticut
|
+$1.12M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$699K |
| 3 |
SIM
Spark Investment Management
New York
|
+$223K |
| 4 |
Renaissance Technologies
New York
|
+$137K |
| 5 |
JGC
J. Goldman & Co
New York
|
+$117K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$1.99M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$485K |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$275K |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$207K |
| 5 |
Norges Bank
Oslo,
Norway
|
-$191K |
COVS Hedge Fund Activity: Q2 2016 in Review
64 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Covisint Corporation (COVS) for Q2 2016, worth a combined $61.6M — up 7.6% from $57.3M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new COVS positions and 8 closed out — a net gain of 1 holder — while 16 added to existing stakes and 15 trimmed.
The largest buyer was Dialectic Capital Management, adding an estimated $1.12M. The largest seller was Portolan Capital Management, exiting entirely with an estimated $1.99M sold.
- 64 institutional investors held Covisint Corporation (COVS) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $61.6M of Covisint Corporation stock for Q2 2016, up 7.6% quarter-over-quarter.
- 9 funds opened new Covisint Corporation positions in Q2 2016 and 8 closed out, a net change of +1 holder.
- The largest Covisint Corporation buyer in Q2 2016 was Dialectic Capital Management, an estimated $1.12M added.
- The largest Covisint Corporation seller in Q2 2016 was Portolan Capital Management, an estimated $1.99M sold.
Based on aggregated 13F filings for Q2 2016.