CorVel
CRVL
112 hedge funds and large institutions have $353M invested in CorVel in 2014 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 34 increasing their positions, 51 reducing their positions, and 20 closing their positions.
8% less funds holding
Funds holding: 122 → 112 (-10)
27% less capital invested
Capital invested by funds: $485M → $353M (-$133M)
33% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 51
45% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$4.23M |
| 2 |
Millennium Management
New York
|
+$994K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$877K |
| 4 |
M&T Bank
Buffalo,
New York
|
+$840K |
| 5 |
PP
PDT Partners
New York
|
+$820K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$5.59M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$2.7M |
| 3 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$2.59M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.34M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RFC
126
Russell Frank Company
Seattle,
Washington
| – | -$73K | -5,232 | Closed |
|
127
Acadian Asset Management
Boston,
Massachusetts
| – | -$68K | -4,548 | Closed |
|
|
HIM
128
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$45K | -3,000 | Closed |
|
|
VFA
129
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$43K | -2,841 | Closed |
|
|
FMT
130
First Mercantile Trust
Cordova,
Tennessee
| – | -$42K | -2,790 | Closed |
|
|
HMS
131
Hanseatic Management Services
Albuquerque,
New Mexico
| – | -$23K | -1,539 | Closed |
|
132
Creative Planning
Overland Park,
Kansas
| – | +$566 | +42 | New |
|
CRVL Hedge Fund Activity: Q3 2014 in Review
112 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in CorVel (CRVL) for Q3 2014, worth a combined $353M — down 27% from $485M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of CRVL and 11 opened new positions — a net loss of 9 holders — while 51 trimmed existing stakes and 34 added.
The largest buyer was Renaissance Technologies, adding an estimated $4.23M. The largest seller was Norges Bank, cutting an estimated $5.59M.
- 112 institutional investors held CorVel (CRVL) as of Q3 2014, down from 122 in Q2 2014.
- Funds reported $353M of CorVel stock for Q3 2014, down 27% quarter-over-quarter.
- 11 funds opened new CorVel positions in Q3 2014 and 20 closed out, a net change of -9 holders.
- The largest CorVel buyer in Q3 2014 was Renaissance Technologies, an estimated $4.23M added.
- The largest CorVel seller in Q3 2014 was Norges Bank, an estimated $5.59M sold.
Based on aggregated 13F filings for Q3 2014.