Covanta Holding Corporation
CVA
CVA was delisted on the 29th of November, 2021.
230 hedge funds and large institutions have $1.69B invested in Covanta Holding Corporation in 2018 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 77 increasing their positions, 81 reducing their positions, and 39 closing their positions.
43% more call options, than puts
Call options by funds: $3.05M | Put options by funds: $2.12M
5% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 81
7% less funds holding
Funds holding: 248 → 230 (-18)
16% less capital invested
Capital invested by funds: $2.02B → $1.69B (-$329M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
41% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$10.3M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$9.08M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$7.85M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$7.4M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$26.8M |
| 2 |
MDSL
M.D. Sass LLC
New York
|
-$18.8M |
| 3 |
MHI
Miller Howard Investments
Kingston,
New York
|
-$14.2M |
| 4 |
Renaissance Technologies
New York
|
-$7.38M |
| 5 |
NIPH
NN Investment Partners Holdings
The Hague,
Netherlands
|
-$5.05M |
CVA Hedge Fund Activity: Q1 2018 in Review
230 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Covanta Holding Corporation (CVA) for Q1 2018, worth a combined $1.69B — down 16% from $2.02B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of CVA and 23 opened new positions — a net loss of 16 holders — while 81 trimmed existing stakes and 77 added.
The largest buyer was Millennium Management, adding an estimated $10.3M. The largest seller was Neuberger Berman Group, cutting an estimated $26.8M.
- 230 institutional investors held Covanta Holding Corporation (CVA) as of Q1 2018, down from 248 in Q4 2017.
- Funds reported $1.69B of Covanta Holding Corporation stock for Q1 2018, down 16% quarter-over-quarter.
- 23 funds opened new Covanta Holding Corporation positions in Q1 2018 and 39 closed out, a net change of -16 holders.
- The largest Covanta Holding Corporation buyer in Q1 2018 was Millennium Management, an estimated $10.3M added.
- The largest Covanta Holding Corporation seller in Q1 2018 was Neuberger Berman Group, an estimated $26.8M sold.
Based on aggregated 13F filings for Q1 2018.