Cavco Industries
CVCO
142 hedge funds and large institutions have $984M invested in Cavco Industries in 2017 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 53 increasing their positions, 46 reducing their positions, and 8 closing their positions.
163% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 8
16% more capital invested
Capital invested by funds: $849M → $984M (+$135M)
15% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 46
5% more funds holding
Funds holding: 135 → 142 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.56% less ownership
Funds ownership: 94.58% → 94.02% (-0.56%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$128M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$24.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$7.6M |
| 4 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$5.57M |
| 5 |
RAM
RWC Asset Management
London,
United Kingdom
|
+$3.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$15.5M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$15.3M |
| 3 |
TAM
Third Avenue Management
New York
|
-$6.13M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$3.24M |
| 5 |
Millennium Management
New York
|
-$3.08M |
CVCO Hedge Fund Activity: Q1 2017 in Review
142 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Cavco Industries (CVCO) for Q1 2017, worth a combined $984M — up 16% from $849M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new CVCO positions and 8 closed out — a net gain of 13 holders — while 53 added to existing stakes and 46 trimmed.
The largest buyer was BlackRock, adding an estimated $128M. The largest seller was Wells Fargo, cutting an estimated $15.5M.
- 142 institutional investors held Cavco Industries (CVCO) as of Q1 2017, up from 135 in Q4 2016.
- Funds reported $984M of Cavco Industries stock for Q1 2017, up 16% quarter-over-quarter.
- 21 funds opened new Cavco Industries positions in Q1 2017 and 8 closed out, a net change of +13 holders.
- The largest Cavco Industries buyer in Q1 2017 was BlackRock, an estimated $128M added.
- The largest Cavco Industries seller in Q1 2017 was Wells Fargo, an estimated $15.5M sold.
Based on aggregated 13F filings for Q1 2017.