CorVel
CRVL
197 hedge funds and large institutions have $2.28B invested in CorVel in 2023 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 59 increasing their positions, 85 reducing their positions, and 20 closing their positions.
29% more capital invested
Capital invested by funds: $1.77B → $2.28B (+$514M)
4.39% more ownership
Funds ownership: 157.64% → 162.02% (+4.4%)
5% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 20
2% less funds holding
Funds holding: 200 → 197 (-3)
31% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 85
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$56.6M |
| 2 |
BlackRock
New York
|
+$11.2M |
| 3 |
Morgan Stanley
New York
|
+$5.97M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.4M |
| 5 |
WCF
West Coast Financial
Santa Barbara,
California
|
+$3.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$12.8M |
| 2 |
Renaissance Technologies
New York
|
-$6.42M |
| 3 |
Millennium Management
New York
|
-$4.36M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$2.55M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$1.97M |
CRVL Hedge Fund Activity: Q4 2023 in Review
197 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in CorVel (CRVL) for Q4 2023, worth a combined $2.28B — up 29% from $1.77B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new CRVL positions and 20 closed out — a net gain of 1 holder — while 59 added to existing stakes and 85 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $56.6M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $12.8M.
- 197 institutional investors held CorVel (CRVL) as of Q4 2023, down from 200 in Q3 2023.
- Funds reported $2.28B of CorVel stock for Q4 2023, up 29% quarter-over-quarter.
- 21 funds opened new CorVel positions in Q4 2023 and 20 closed out, a net change of +1 holder.
- The largest CorVel buyer in Q4 2023 was Neuberger Berman Group, an estimated $56.6M added.
- The largest CorVel seller in Q4 2023 was Kayne Anderson Rudnick Investment Management, an estimated $12.8M sold.
Based on aggregated 13F filings for Q4 2023.