Covanta Holding Corporation
CVA
CVA was delisted on the 29th of November, 2021.
210 hedge funds and large institutions have $2.27B invested in Covanta Holding Corporation in 2021 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 39 increasing their positions, 76 reducing their positions, and 65 closing their positions.
170% more call options, than puts
Call options by funds: $3.82M | Put options by funds: $1.41M
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
17% more capital invested
Capital invested by funds: $1.94B → $2.27B (+$323M)
4% less funds holding
Funds holding: 218 → 210 (-8)
12% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 65
49% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 76
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$92.7M |
| 2 |
JP Morgan Chase
New York
|
+$89.2M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$70M |
| 4 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$65M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$56.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$140M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
-$96.9M |
| 3 |
Bank of New York Mellon
New York
|
-$59.5M |
| 4 |
Neuberger Berman Group
New York
|
-$52.3M |
| 5 |
SCM
Snyder Capital Management
San Francisco,
California
|
-$43.4M |
CVA Hedge Fund Activity: Q3 2021 in Review
210 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Covanta Holding Corporation (CVA) for Q3 2021, worth a combined $2.27B — up 17% from $1.94B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of CVA and 57 opened new positions — a net loss of 8 holders — while 76 trimmed existing stakes and 39 added.
The largest buyer was Millennium Management, adding an estimated $92.7M. The largest seller was Fuller & Thaler Asset Management, cutting an estimated $140M.
- 210 institutional investors held Covanta Holding Corporation (CVA) as of Q3 2021, down from 218 in Q2 2021.
- Funds reported $2.27B of Covanta Holding Corporation stock for Q3 2021, up 17% quarter-over-quarter.
- 57 funds opened new Covanta Holding Corporation positions in Q3 2021 and 65 closed out, a net change of -8 holders.
- The largest Covanta Holding Corporation buyer in Q3 2021 was Millennium Management, an estimated $92.7M added.
- The largest Covanta Holding Corporation seller in Q3 2021 was Fuller & Thaler Asset Management, an estimated $140M sold.
Based on aggregated 13F filings for Q3 2021.