Cavco Industries
CVCO
74 hedge funds and large institutions have $491M invested in Cavco Industries in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 26 reducing their positions, and 6 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
44% more capital invested
Capital invested by funds: $341M → $491M (+$150M)
4% more funds holding
Funds holding: 71 → 74 (+3)
4% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Third Avenue Management
New York
|
+$102M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.38M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.45M |
| 4 |
JP Morgan Chase
New York
|
+$1.09M |
| 5 |
CC
Cannell Capital
Alta,
Wyoming
|
+$789K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$2.76M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$1.35M |
| 3 |
RA
Royce & Associates
New York
|
-$736K |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$658K |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$426K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
First Trust Advisors
Wheaton,
Illinois
| – | -$408K | -8,088 | Closed |
|
|
EMG
77
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$333K | -6,600 | Closed |
|
78
Two Sigma Investments
New York
| – | -$298K | -5,903 | Closed |
|
|
HCM
79
Highbridge Capital Management
New York
| – | -$264K | -5,227 | Closed |
|
|
U
80
UBS
Zurich,
Switzerland
| – | -$1K | -24 | Closed |
|
CVCO Hedge Fund Activity: Q3 2013 in Review
74 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Cavco Industries (CVCO) for Q3 2013, worth a combined $491M — up 44% from $341M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new CVCO positions and 6 closed out — a net gain of 3 holders — while 25 added to existing stakes and 26 trimmed.
The largest buyer was Third Avenue Management, adding an estimated $102M. The largest seller was BlackRock Fund Advisors, cutting an estimated $2.76M.
- 74 institutional investors held Cavco Industries (CVCO) as of Q3 2013, up from 71 in Q2 2013.
- Funds reported $491M of Cavco Industries stock for Q3 2013, up 44% quarter-over-quarter.
- 9 funds opened new Cavco Industries positions in Q3 2013 and 6 closed out, a net change of +3 holders.
- The largest Cavco Industries buyer in Q3 2013 was Third Avenue Management, an estimated $102M added.
- The largest Cavco Industries seller in Q3 2013 was BlackRock Fund Advisors, an estimated $2.76M sold.
Based on aggregated 13F filings for Q3 2013.