CorVel
CRVL
124 hedge funds and large institutions have $482M invested in CorVel in 2018 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 45 increasing their positions, 40 reducing their positions, and 10 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 40
9% more capital invested
Capital invested by funds: $442M → $482M (+$39.7M)
2.34% more ownership
Funds ownership: 138.93% → 141.27% (+2.3%)
2% less funds holding
Funds holding: 126 → 124 (-2)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$5.1M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$3.3M |
| 3 |
Morgan Stanley
New York
|
+$2.83M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.11M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$1.81M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.2M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$920K |
| 4 |
Millennium Management
New York
|
-$894K |
| 5 |
Norges Bank
Oslo,
Norway
|
-$708K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BPM
126
Bowling Portfolio Management
Cincinnati,
Ohio
| – | -$694K | -41,211 | Closed |
|
|
SCA
127
Secor Capital Advisors
New York
| – | -$357K | -21,162 | Closed |
|
128
Citadel Advisors
Miami,
Florida
| – | -$346K | -20,553 | Closed |
|
|
PG
129
PEAK6 Group
Chicago,
Illinois
| – | -$264K | -15,666 | Closed |
|
|
TRCT
130
Tower Research Capital (TRC)
New York
| – | -$17K | -1,026 | Closed |
|
|
MBT
131
Monroe Bank & Trust
Monroe,
Michigan
| – | -$12K | -732 | Closed |
|
132
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$7K | -387 | Closed |
|
|
SFM
133
Signet Financial Management
Parsippany,
New Jersey
| – | -$2K | -120 | Closed |
|
CRVL Hedge Fund Activity: Q2 2018 in Review
124 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in CorVel (CRVL) for Q2 2018, worth a combined $482M — up 9% from $442M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of CRVL and 8 opened new positions — a net loss of 2 holders — while 40 trimmed existing stakes and 45 added.
The largest buyer was BlackRock, adding an estimated $5.1M. The largest seller was Assenagon Asset Management, exiting entirely with an estimated $1.81M sold.
- 124 institutional investors held CorVel (CRVL) as of Q2 2018, down from 126 in Q1 2018.
- Funds reported $482M of CorVel stock for Q2 2018, up 9% quarter-over-quarter.
- 8 funds opened new CorVel positions in Q2 2018 and 10 closed out, a net change of -2 holders.
- The largest CorVel buyer in Q2 2018 was BlackRock, an estimated $5.1M added.
- The largest CorVel seller in Q2 2018 was Assenagon Asset Management, an estimated $1.81M sold.
Based on aggregated 13F filings for Q2 2018.