Cavco Industries
CVCO
77 hedge funds and large institutions have $572M invested in Cavco Industries in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 30 increasing their positions, 27 reducing their positions, and 6 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
16% more capital invested
Capital invested by funds: $491M → $572M (+$81M)
11% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 27
4% more funds holding
Funds holding: 74 → 77 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
+$2.12M |
| 2 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$2M |
| 3 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$1.46M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.23M |
| 5 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$731K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$2.64M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.57M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$1.79M |
| 4 |
RA
Royce & Associates
New York
|
-$1.77M |
| 5 |
Goldman Sachs
New York
|
-$1.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Barclays
London,
United Kingdom
| $11K | -$9.2K | -151 | -47% |
|
77
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $384 | -$7.31K | -120 | -2% |
|
78
ProShare Advisors
Bethesda,
Maryland
| – | -$251K | -4,404 | Closed |
|
|
HHC
79
Hutchin Hill Capital
New York
| – | -$211K | -3,700 | Closed |
|
|
RFC
80
Russell Frank Company
Seattle,
Washington
| – | -$146K | -2,564 | Closed |
|
|
PCM
81
Prelude Capital Management
New York
| – | -$31K | -550 | Closed |
|
82
Envestnet Asset Management
Chicago,
Illinois
| – | -$1K | -21 | Closed |
|
83
Creative Planning
Overland Park,
Kansas
| – | -$1K | -10 | Closed |
|
CVCO Hedge Fund Activity: Q4 2013 in Review
77 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Cavco Industries (CVCO) for Q4 2013, worth a combined $572M — up 16% from $491M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new CVCO positions and 6 closed out — a net gain of 3 holders — while 30 added to existing stakes and 27 trimmed.
The largest buyer was Cannell Capital, adding an estimated $2.12M. The largest seller was BlackRock Fund Advisors, cutting an estimated $2.64M.
- 77 institutional investors held Cavco Industries (CVCO) as of Q4 2013, up from 74 in Q3 2013.
- Funds reported $572M of Cavco Industries stock for Q4 2013, up 16% quarter-over-quarter.
- 9 funds opened new Cavco Industries positions in Q4 2013 and 6 closed out, a net change of +3 holders.
- The largest Cavco Industries buyer in Q4 2013 was Cannell Capital, an estimated $2.12M added.
- The largest Cavco Industries seller in Q4 2013 was BlackRock Fund Advisors, an estimated $2.64M sold.
Based on aggregated 13F filings for Q4 2013.