Cavco Industries
CVCO
180 hedge funds and large institutions have $996M invested in Cavco Industries in 2019 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 76 increasing their positions, 55 reducing their positions, and 32 closing their positions.
78% more call options, than puts
Call options by funds: $2.79M | Put options by funds: $1.56M
38% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 55
1.03% less ownership
Funds ownership: 94.22% → 93.19% (-1%)
6% less funds holding
Funds holding: 192 → 180 (-12)
9% less capital invested
Capital invested by funds: $1.1B → $996M (-$99.7M)
38% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 32
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$34M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$17.4M |
| 3 |
LPC
Long Pond Capital
New York
|
+$11.7M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$10.3M |
| 5 |
GJL
Gendell Jeffrey L
|
+$8.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$29.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$29M |
| 3 |
Renaissance Technologies
New York
|
-$10.3M |
| 4 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$10.1M |
| 5 |
CC
Cannell Capital
Alta,
Wyoming
|
-$6.96M |
CVCO Hedge Fund Activity: Q1 2019 in Review
180 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Cavco Industries (CVCO) for Q1 2019, worth a combined $996M — down 9.1% from $1.1B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of CVCO and 20 opened new positions — a net loss of 12 holders — while 55 trimmed existing stakes and 76 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $34M. The largest seller was Ameriprise, cutting an estimated $29.1M.
- 180 institutional investors held Cavco Industries (CVCO) as of Q1 2019, down from 192 in Q4 2018.
- Funds reported $996M of Cavco Industries stock for Q1 2019, down 9.1% quarter-over-quarter.
- 20 funds opened new Cavco Industries positions in Q1 2019 and 32 closed out, a net change of -12 holders.
- The largest Cavco Industries buyer in Q1 2019 was T. Rowe Price Associates, an estimated $34M added.
- The largest Cavco Industries seller in Q1 2019 was Ameriprise, an estimated $29.1M sold.
Based on aggregated 13F filings for Q1 2019.