Covanta Holding Corporation
CVA
CVA was delisted on the 29th of November, 2021.
256 hedge funds and large institutions have $1.54B invested in Covanta Holding Corporation in 2019 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 81 increasing their positions, 85 reducing their positions, and 24 closing their positions.
117% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 24
12% more funds holding
Funds holding: 229 → 256 (+27)
5% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 85
13% less call options, than puts
Call options by funds: $1.2M | Put options by funds: $1.38M
17% less capital invested
Capital invested by funds: $1.86B → $1.54B (-$318M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$8.9M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$8.89M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$6.73M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$5.7M |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$4.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$36.4M |
| 2 |
BlackRock
New York
|
-$22.7M |
| 3 |
Bank of New York Mellon
New York
|
-$9.73M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$8.46M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$7.22M |
CVA Hedge Fund Activity: Q4 2019 in Review
256 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Covanta Holding Corporation (CVA) for Q4 2019, worth a combined $1.54B — down 17% from $1.86B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new CVA positions and 24 closed out — a net gain of 28 holders — while 81 added to existing stakes and 85 trimmed.
The largest buyer was Norges Bank, adding an estimated $8.9M. The largest seller was Raymond James & Associates, cutting an estimated $36.4M.
- 256 institutional investors held Covanta Holding Corporation (CVA) as of Q4 2019, up from 229 in Q3 2019.
- Funds reported $1.54B of Covanta Holding Corporation stock for Q4 2019, down 17% quarter-over-quarter.
- 52 funds opened new Covanta Holding Corporation positions in Q4 2019 and 24 closed out, a net change of +28 holders.
- The largest Covanta Holding Corporation buyer in Q4 2019 was Norges Bank, an estimated $8.9M added.
- The largest Covanta Holding Corporation seller in Q4 2019 was Raymond James & Associates, an estimated $36.4M sold.
Based on aggregated 13F filings for Q4 2019.