CorVel
CRVL
190 hedge funds and large institutions have $1.69B invested in CorVel in 2023 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 64 increasing their positions, 73 reducing their positions, and 18 closing their positions.
56% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 18
45% more capital invested
Capital invested by funds: $1.17B → $1.69B (+$526M)
15.78% more ownership
Funds ownership: 139.54% → 155.33% (+16%)
5% more funds holding
Funds holding: 181 → 190 (+9)
0% more call options, than puts
Call options by funds: $951K | Put options by funds: $951K
12% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 73
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$18.6M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$13M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$8.27M |
| 4 |
Morgan Stanley
New York
|
+$4.27M |
| 5 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$4.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$8.18M |
| 2 |
BlackRock
New York
|
-$6.8M |
| 3 |
Renaissance Technologies
New York
|
-$3.37M |
| 4 |
HF
HRT Financial
New York
|
-$1.52M |
| 5 |
Jane Street
New York
|
-$1.48M |
CRVL Hedge Fund Activity: Q1 2023 in Review
190 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in CorVel (CRVL) for Q1 2023, worth a combined $1.69B — up 45% from $1.17B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new CRVL positions and 18 closed out — a net gain of 10 holders — while 64 added to existing stakes and 73 trimmed.
The largest buyer was Assenagon Asset Management, adding an estimated $18.6M. The largest seller was T. Rowe Price Associates, cutting an estimated $8.18M.
- 190 institutional investors held CorVel (CRVL) as of Q1 2023, up from 181 in Q4 2022.
- Funds reported $1.69B of CorVel stock for Q1 2023, up 45% quarter-over-quarter.
- 28 funds opened new CorVel positions in Q1 2023 and 18 closed out, a net change of +10 holders.
- The largest CorVel buyer in Q1 2023 was Assenagon Asset Management, an estimated $18.6M added.
- The largest CorVel seller in Q1 2023 was T. Rowe Price Associates, an estimated $8.18M sold.
Based on aggregated 13F filings for Q1 2023.