Cavco Industries
CVCO
140 hedge funds and large institutions have $805M invested in Cavco Industries in 2016 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 47 increasing their positions, 46 reducing their positions, and 13 closing their positions.
154% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 13
111% more call options, than puts
Call options by funds: $1.28M | Put options by funds: $609K
16% more funds holding
Funds holding: 121 → 140 (+19)
2% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 46
2% more capital invested
Capital invested by funds: $790M → $805M (+$15.2M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$26M |
| 2 |
Renaissance Technologies
New York
|
+$10.1M |
| 3 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$6.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.91M |
| 5 |
GJL
Gendell Jeffrey L
|
+$5.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Third Avenue Management
New York
|
-$23.2M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$11.4M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$8.95M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$5.08M |
| 5 |
CC
Cannell Capital
Alta,
Wyoming
|
-$5.03M |
CVCO Hedge Fund Activity: Q2 2016 in Review
140 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cavco Industries (CVCO) for Q2 2016, worth a combined $805M — up 1.9% from $790M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new CVCO positions and 13 closed out — a net gain of 20 holders — while 47 added to existing stakes and 46 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $26M. The largest seller was Third Avenue Management, cutting an estimated $23.2M.
- 140 institutional investors held Cavco Industries (CVCO) as of Q2 2016, up from 121 in Q1 2016.
- Funds reported $805M of Cavco Industries stock for Q2 2016, up 1.9% quarter-over-quarter.
- 33 funds opened new Cavco Industries positions in Q2 2016 and 13 closed out, a net change of +20 holders.
- The largest Cavco Industries buyer in Q2 2016 was BlackRock Fund Advisors, an estimated $26M added.
- The largest Cavco Industries seller in Q2 2016 was Third Avenue Management, an estimated $23.2M sold.
Based on aggregated 13F filings for Q2 2016.