Covanta Holding Corporation
CVA
CVA was delisted on the 29th of November, 2021.
219 hedge funds and large institutions have $1.5B invested in Covanta Holding Corporation in 2021 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 70 increasing their positions, 74 reducing their positions, and 25 closing their positions.
96% more call options, than puts
Call options by funds: $2.13M | Put options by funds: $1.09M
56% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 25
6% more capital invested
Capital invested by funds: $1.42B → $1.5B (+$84.5M)
5% more funds holding
Funds holding: 209 → 219 (+10)
5% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 74
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$35.7M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$19.9M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$11.6M |
| 4 |
SCM
Snyder Capital Management
San Francisco,
California
|
+$9.12M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$6.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$32.1M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$27.8M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$12.8M |
| 4 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$10.6M |
| 5 |
BF
BOK Financial
Tulsa,
Oklahoma
|
-$4.4M |
CVA Hedge Fund Activity: Q1 2021 in Review
219 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Covanta Holding Corporation (CVA) for Q1 2021, worth a combined $1.5B — up 5.9% from $1.42B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new CVA positions and 25 closed out — a net gain of 14 holders — while 70 added to existing stakes and 74 trimmed.
The largest buyer was HG Vora Capital Management, adding an estimated $35.7M. The largest seller was Fidelity International, cutting an estimated $32.1M.
- 219 institutional investors held Covanta Holding Corporation (CVA) as of Q1 2021, up from 209 in Q4 2020.
- Funds reported $1.5B of Covanta Holding Corporation stock for Q1 2021, up 5.9% quarter-over-quarter.
- 39 funds opened new Covanta Holding Corporation positions in Q1 2021 and 25 closed out, a net change of +14 holders.
- The largest Covanta Holding Corporation buyer in Q1 2021 was HG Vora Capital Management, an estimated $35.7M added.
- The largest Covanta Holding Corporation seller in Q1 2021 was Fidelity International, an estimated $32.1M sold.
Based on aggregated 13F filings for Q1 2021.