Cavco Industries
CVCO
189 hedge funds and large institutions have $1.37B invested in Cavco Industries in 2019 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 77 increasing their positions, 50 reducing their positions, and 27 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
54% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 50
44% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 27
38% more capital invested
Capital invested by funds: $998M → $1.37B (+$376M)
36% more call options, than puts
Call options by funds: $4.6M | Put options by funds: $3.39M
5% more funds holding
Funds holding: 180 → 189 (+9)
2.56% more ownership
Funds ownership: 93.27% → 95.83% (+2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$28.6M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$22.1M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$19.2M |
| 4 |
Bank of New York Mellon
New York
|
+$9.86M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$8.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$26.4M |
| 2 |
Renaissance Technologies
New York
|
-$15.4M |
| 3 |
LPC
Long Pond Capital
New York
|
-$10.1M |
| 4 |
Two Sigma Investments
New York
|
-$6.51M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$6.24M |
CVCO Hedge Fund Activity: Q2 2019 in Review
189 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Cavco Industries (CVCO) for Q2 2019, worth a combined $1.37B — up 38% from $998M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new CVCO positions and 27 closed out — a net gain of 12 holders — while 77 added to existing stakes and 50 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $28.6M. The largest seller was Fidelity Investments, cutting an estimated $26.4M.
- 189 institutional investors held Cavco Industries (CVCO) as of Q2 2019, up from 180 in Q1 2019.
- Funds reported $1.37B of Cavco Industries stock for Q2 2019, up 38% quarter-over-quarter.
- 39 funds opened new Cavco Industries positions in Q2 2019 and 27 closed out, a net change of +12 holders.
- The largest Cavco Industries buyer in Q2 2019 was Wellington Management Group, an estimated $28.6M added.
- The largest Cavco Industries seller in Q2 2019 was Fidelity Investments, an estimated $26.4M sold.
Based on aggregated 13F filings for Q2 2019.