Covanta Holding Corporation
CVA
CVA was delisted on the 29th of November, 2021.
209 hedge funds and large institutions have $1.41B invested in Covanta Holding Corporation in 2020 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 65 increasing their positions, 81 reducing their positions, and 38 closing their positions.
133% more call options, than puts
Call options by funds: $1.16M | Put options by funds: $498K
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
78% more capital invested
Capital invested by funds: $793M → $1.41B (+$622M)
5% less funds holding
Funds holding: 220 → 209 (-11)
20% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 81
29% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$24.3M |
| 2 |
AMH
Apollo Management Holdings
New York
|
+$14.5M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$12.7M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$6.86M |
| 5 |
SCM
Snyder Capital Management
San Francisco,
California
|
+$6.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$7.5M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$6.95M |
| 3 |
BF
BOK Financial
Tulsa,
Oklahoma
|
-$6.95M |
| 4 |
Two Sigma Investments
New York
|
-$3.76M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$3.56M |
CVA Hedge Fund Activity: Q4 2020 in Review
209 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Covanta Holding Corporation (CVA) for Q4 2020, worth a combined $1.41B — up 78% from $793M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of CVA and 27 opened new positions — a net loss of 11 holders — while 81 trimmed existing stakes and 65 added.
The largest buyer was HG Vora Capital Management, opening a new position worth an estimated $24.3M. The largest seller was Arrowstreet Capital, cutting an estimated $7.5M.
- 209 institutional investors held Covanta Holding Corporation (CVA) as of Q4 2020, down from 220 in Q3 2020.
- Funds reported $1.41B of Covanta Holding Corporation stock for Q4 2020, up 78% quarter-over-quarter.
- 27 funds opened new Covanta Holding Corporation positions in Q4 2020 and 38 closed out, a net change of -11 holders.
- The largest Covanta Holding Corporation buyer in Q4 2020 was HG Vora Capital Management, an estimated $24.3M added.
- The largest Covanta Holding Corporation seller in Q4 2020 was Arrowstreet Capital, an estimated $7.5M sold.
Based on aggregated 13F filings for Q4 2020.