CorVel
CRVL
103 hedge funds and large institutions have $390M invested in CorVel in 2013 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 40 increasing their positions, 38 reducing their positions, and 5 closing their positions.
220% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 5
23% more capital invested
Capital invested by funds: $316M → $390M (+$74.2M)
12% more funds holding
Funds holding: 92 → 103 (+11)
5% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$3.48M |
| 2 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
+$2.62M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$1.96M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.69M |
| 5 |
Goldman Sachs
New York
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HM
HealthCor Management
New York
|
-$18.2M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$3.36M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$2.17M |
| 4 |
RA
Royce & Associates
New York
|
-$2.03M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Envestnet Asset Management
Chicago,
Illinois
| $11K | -$4.66K | -414 | -33% |
|
102
Citigroup
New York
| $1K | -$1.05K | -93 | -65% |
|
103
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $380 | -$14.8K | -1,314 | -4% |
|
|
MRM
104
Michael R. Murphy
| – | -$1.18M | -120,600 | Closed |
|
|
WCM
105
Wallace Capital Management
Dallas,
Texas
| – | -$814K | -83,418 | Closed |
|
106
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$292K | -29,901 | Closed |
|
|
OAM
107
Oxford Asset Management
Oxford,
United Kingdom
| – | -$247K | -25,272 | Closed |
|
|
OMCS
108
Old Mutual Customised Solutions
Pinelands,
South Africa
| – | -$23K | -2,400 | Closed |
|
CRVL Hedge Fund Activity: Q3 2013 in Review
103 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in CorVel (CRVL) for Q3 2013, worth a combined $390M — up 23% from $316M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new CRVL positions and 5 closed out — a net gain of 11 holders — while 40 added to existing stakes and 38 trimmed.
The largest buyer was BlackRock Advisors, adding an estimated $3.48M. The largest seller was HealthCor Management, cutting an estimated $18.2M.
- 103 institutional investors held CorVel (CRVL) as of Q3 2013, up from 92 in Q2 2013.
- Funds reported $390M of CorVel stock for Q3 2013, up 23% quarter-over-quarter.
- 16 funds opened new CorVel positions in Q3 2013 and 5 closed out, a net change of +11 holders.
- The largest CorVel buyer in Q3 2013 was BlackRock Advisors, an estimated $3.48M added.
- The largest CorVel seller in Q3 2013 was HealthCor Management, an estimated $18.2M sold.
Based on aggregated 13F filings for Q3 2013.