Covanta Holding Corporation
CVA
CVA was delisted on the 29th of November, 2021.
220 hedge funds and large institutions have $793M invested in Covanta Holding Corporation in 2020 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 66 increasing their positions, 84 reducing their positions, and 33 closing their positions.
25% more call options, than puts
Call options by funds: $408K | Put options by funds: $326K
5% less funds holding
Funds holding: 231 → 220 (-11)
19% less capital invested
Capital invested by funds: $984M → $793M (-$191M)
21% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 84
30% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 33
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$5.86M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$4.47M |
| 3 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$4.31M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.03M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$3.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$19.4M |
| 2 |
Neuberger Berman Group
New York
|
-$11.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.09M |
| 4 |
BlackRock
New York
|
-$4.04M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$2.68M |
CVA Hedge Fund Activity: Q3 2020 in Review
220 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Covanta Holding Corporation (CVA) for Q3 2020, worth a combined $793M — down 19% from $984M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of CVA and 23 opened new positions — a net loss of 10 holders — while 84 trimmed existing stakes and 66 added.
The largest buyer was Marshall Wace, adding an estimated $5.86M. The largest seller was Capital International Investors, exiting entirely with an estimated $19.4M sold.
- 220 institutional investors held Covanta Holding Corporation (CVA) as of Q3 2020, down from 231 in Q2 2020.
- Funds reported $793M of Covanta Holding Corporation stock for Q3 2020, down 19% quarter-over-quarter.
- 23 funds opened new Covanta Holding Corporation positions in Q3 2020 and 33 closed out, a net change of -10 holders.
- The largest Covanta Holding Corporation buyer in Q3 2020 was Marshall Wace, an estimated $5.86M added.
- The largest Covanta Holding Corporation seller in Q3 2020 was Capital International Investors, an estimated $19.4M sold.
Based on aggregated 13F filings for Q3 2020.