Cavco Industries
CVCO
204 hedge funds and large institutions have $1.72B invested in Cavco Industries in 2018 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 75 increasing their positions, 54 reducing their positions, and 8 closing their positions.
388% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 8
39% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 54
21% more call options, than puts
Call options by funds: $1.56M | Put options by funds: $1.29M
17% more capital invested
Capital invested by funds: $1.47B → $1.72B (+$256M)
17% more funds holding
Funds holding: 175 → 204 (+29)
1.69% less ownership
Funds ownership: 93.38% → 91.69% (-1.7%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$12.5M |
| 2 |
BlackRock
New York
|
+$12M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$9.71M |
| 4 |
FA
Friess Associates
Greenville,
Delaware
|
+$8.8M |
| 5 |
Two Sigma Investments
New York
|
+$5.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Third Avenue Management
New York
|
-$47.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$20.9M |
| 3 |
GJL
Gendell Jeffrey L
|
-$13.1M |
| 4 |
WG
Winton Group
London,
United Kingdom
|
-$7.62M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$7.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFBT
201
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| $1K | – | – | – |
|
|
QI
202
QS Investors
New York
| $1K | – | – | – |
|
|
MPWT
203
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| $831 | +$752 | +4 | New |
|
|
FRA
204
Front Row Advisors
Tiburon,
California
| $7 | +$188 | +1 | +3% |
|
|
TAM
205
Third Avenue Management
New York
| – | -$47.1M | -271,200 | Closed |
|
206
Man Group
London,
United Kingdom
| – | -$470K | -2,705 | Closed |
|
207
D.E. Shaw & Co
New York
| – | -$276K | -1,588 | Closed |
|
|
PG
208
PEAK6 Group
Chicago,
Illinois
| – | -$85.1K | -453 | Closed |
|
|
VFA
209
Valeo Financial Advisors
Carmel,
Indiana
| – | -$35K | -200 | Closed |
|
|
QT
210
Quantbot Technologies
New York
| – | -$2K | -16 | Closed |
|
|
LWA
211
Lenox Wealth Advisors
New York
| – | -$2K | -9 | Closed |
|
|
SFM
212
Signet Financial Management
Parsippany,
New Jersey
| – | -$1K | -7 | Closed |
|
CVCO Hedge Fund Activity: Q2 2018 in Review
204 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Cavco Industries (CVCO) for Q2 2018, worth a combined $1.72B — up 17% from $1.47B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new CVCO positions and 8 closed out — a net gain of 31 holders — while 75 added to existing stakes and 54 trimmed.
The largest buyer was Millennium Management, adding an estimated $12.5M. The largest seller was Third Avenue Management, exiting entirely with an estimated $47.1M sold.
- 204 institutional investors held Cavco Industries (CVCO) as of Q2 2018, up from 175 in Q1 2018.
- Funds reported $1.72B of Cavco Industries stock for Q2 2018, up 17% quarter-over-quarter.
- 39 funds opened new Cavco Industries positions in Q2 2018 and 8 closed out, a net change of +31 holders.
- The largest Cavco Industries buyer in Q2 2018 was Millennium Management, an estimated $12.5M added.
- The largest Cavco Industries seller in Q2 2018 was Third Avenue Management, an estimated $47.1M sold.
Based on aggregated 13F filings for Q2 2018.