Covanta Holding Corporation
CVA
CVA was delisted on the 29th of November, 2021.
195 hedge funds and large institutions have $2.4B invested in Covanta Holding Corporation in 2013 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 68 increasing their positions, 69 reducing their positions, and 25 closing their positions.
179% more call options, than puts
Call options by funds: $43.2M | Put options by funds: $15.5M
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
20% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 25
9% more capital invested
Capital invested by funds: $2.2B → $2.4B (+$196M)
2% more funds holding
Funds holding: 192 → 195 (+3)
1% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 69
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$18.8M |
| 2 |
Citigroup
New York
|
+$15.3M |
| 3 |
TLCM
Tiger Legatus Capital Management
New York
|
+$13.7M |
| 4 |
Neuberger Berman Group
New York
|
+$12.9M |
| 5 |
AC
Apex Capital
Orinda,
California
|
+$12.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Third Avenue Management
New York
|
-$26.5M |
| 2 |
ACM
Axial Capital Management
New York
|
-$12.1M |
| 3 |
GA
Glenhill Advisors
New York
|
-$9.14M |
| 4 |
Renaissance Technologies
New York
|
-$8M |
| 5 |
Barclays
London,
United Kingdom
|
-$7.48M |
CVA Hedge Fund Activity: Q3 2013 in Review
195 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Covanta Holding Corporation (CVA) for Q3 2013, worth a combined $2.4B — up 8.9% from $2.2B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new CVA positions and 25 closed out — a net gain of 5 holders — while 68 added to existing stakes and 69 trimmed.
The largest buyer was Thornburg Investment Management, opening a new position worth an estimated $18.8M. The largest seller was Third Avenue Management, cutting an estimated $26.5M.
- 195 institutional investors held Covanta Holding Corporation (CVA) as of Q3 2013, up from 192 in Q2 2013.
- Funds reported $2.4B of Covanta Holding Corporation stock for Q3 2013, up 8.9% quarter-over-quarter.
- 30 funds opened new Covanta Holding Corporation positions in Q3 2013 and 25 closed out, a net change of +5 holders.
- The largest Covanta Holding Corporation buyer in Q3 2013 was Thornburg Investment Management, an estimated $18.8M added.
- The largest Covanta Holding Corporation seller in Q3 2013 was Third Avenue Management, an estimated $26.5M sold.
Based on aggregated 13F filings for Q3 2013.