Covanta Holding Corporation
CVA
CVA was delisted on the 29th of November, 2021.
248 hedge funds and large institutions have $859M invested in Covanta Holding Corporation in 2020 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 92 increasing their positions, 73 reducing their positions, and 49 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 73
1% less call options, than puts
Call options by funds: $1.21M | Put options by funds: $1.22M
3% less funds holding
Funds holding: 256 → 248 (-8)
12% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 49
44% less capital invested
Capital invested by funds: $1.54B → $859M (-$682M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$15.2M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$12.8M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$11.9M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.69M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$5.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$24.1M |
| 2 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$18.5M |
| 3 |
LCS
Levin Capital Strategies
New York
|
-$13.9M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.7M |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$8.96M |
CVA Hedge Fund Activity: Q1 2020 in Review
248 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Covanta Holding Corporation (CVA) for Q1 2020, worth a combined $859M — down 44% from $1.54B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of CVA and 43 opened new positions — a net loss of 6 holders — while 73 trimmed existing stakes and 92 added.
The largest buyer was Fidelity International, adding an estimated $15.2M. The largest seller was Ceredex Value Advisors, exiting entirely with an estimated $24.1M sold.
- 248 institutional investors held Covanta Holding Corporation (CVA) as of Q1 2020, down from 256 in Q4 2019.
- Funds reported $859M of Covanta Holding Corporation stock for Q1 2020, down 44% quarter-over-quarter.
- 43 funds opened new Covanta Holding Corporation positions in Q1 2020 and 49 closed out, a net change of -6 holders.
- The largest Covanta Holding Corporation buyer in Q1 2020 was Fidelity International, an estimated $15.2M added.
- The largest Covanta Holding Corporation seller in Q1 2020 was Ceredex Value Advisors, an estimated $24.1M sold.
Based on aggregated 13F filings for Q1 2020.