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CVD

COVANCE INC.
CVD

Delisted

CVD was delisted on the 18th of February, 2015.

291 hedge funds and large institutions have $4.54B invested in COVANCE INC. in 2014 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 114 increasing their positions, 97 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more repeat investments, than reductions

Existing positions increased: 114 | Existing positions reduced: 97

4% less funds holding

Funds holding: 303291 (-12)

20% less first-time investments, than exits

New positions opened: 36 | Existing positions closed: 45

20% less capital invested

Capital invested by funds: $5.7B → $4.54B (-$1.16B)

23% less call options, than puts

Call options by funds: $4.96M | Put options by funds: $6.48M

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
291
Holders Change
-12
Holders Change %
-3.96%
% of All Funds
8.36%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
36
Increased
114
Reduced
97
Closed
45
Calls
$4.96M
Puts
$6.48M
Net Calls
-$1.51M
Net Calls Change
-$2.63M
Name Holding Trade Value Shares
Change
Change in
Stake
GAM
26
Gotham Asset Management
New York
$30.5M +$30.6M +343,125 +2,663%
New York State Common Retirement Fund
27
New York State Common Retirement Fund
New York
$27M -$116K -1,300 -0.4%
JHIU
28
Janus Henderson Investors US
Colorado
$26.8M +$2.04M +22,900 +8%
BAMCO Inc
29
BAMCO Inc
New York
$25.7M
DGHMC
30
Dalton, Greiner, Hartman, Maher & Co
New York
$25.1M +$6.04M +67,822 +30%
RA
31
Royce & Associates
New York
$25.1M -$2.67M -30,000 -9%
Geode Capital Management
32
Geode Capital Management
Massachusetts
$23.9M +$463K +5,200 +2%
PPA
33
Parametric Portfolio Associates
Washington
$23.2M +$76.6K +860 +0.3%
MAA
34
Managed Account Advisors
New Jersey
$22.3M -$1.18M -13,246 -5%
BCM
35
Brown Capital Management
Maryland
$20.6M +$130K +1,459 +0.6%
CS
36
Credit Suisse
Switzerland
$20.1M +$11M +123,464 +110%
STMM
37
South Texas Money Management
Texas
$18.4M +$2.02M +22,617 +12%
Dimensional Fund Advisors
38
Dimensional Fund Advisors
Texas
$17.6M +$158K +1,768 +0.9%
Franklin Resources
39
Franklin Resources
California
$17.1M
CCMH
40
Cornerstone Capital Management Holdings
New York
$16.8M +$10.6M +118,798 +153%
TCIM
41
TIAA CREF Investment Management
New York
$16.6M -$16.3M -183,084 -49%
AIMCA
42
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$15.9M
Renaissance Technologies
43
Renaissance Technologies
New York
$14.5M -$1.77M -19,918 -11%
California Public Employees Retirement System
44
California Public Employees Retirement System
California
$14M -$7.68M -86,169 -34%
Principal Financial Group
45
Principal Financial Group
Iowa
$13.6M +$499K +5,597 +4%
BIM
46
BlackRock Investment Management
Delaware
$13.5M +$153K +1,712 +1%
D.E. Shaw & Co
47
D.E. Shaw & Co
New York
$13.2M +$12.2M +136,600 +794%
GC
48
Guggenheim Capital
Illinois
$12.2M +$2.27M +25,525 +22%
ICM
49
IronBridge Capital Management
Illinois
$12.1M -$4.46M -50,095 -26%
Luther King Capital Management (LKCM)
50
Luther King Capital Management (LKCM)
Texas
$11.8M -$1.75M -19,685 -12%

CVD Hedge Fund Activity: Q2 2014 in Review

291 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in COVANCE INC. (CVD) for Q2 2014, worth a combined $4.54B — down 20% from $5.7B a quarter earlier.

Sellers outnumbered buyers: 45 funds closed out of CVD and 36 opened new positions — a net loss of 9 holders — while 97 trimmed existing stakes and 114 added.

The largest buyer was Acadian Asset Management, opening a new position worth an estimated $53.8M. The largest seller was Artisan Partners, exiting entirely with an estimated $269M sold.

  • 291 institutional investors held COVANCE INC. (CVD) as of Q2 2014, down from 303 in Q1 2014.
  • Funds reported $4.54B of COVANCE INC. stock for Q2 2014, down 20% quarter-over-quarter.
  • 36 funds opened new COVANCE INC. positions in Q2 2014 and 45 closed out, a net change of -9 holders.
  • The largest COVANCE INC. buyer in Q2 2014 was Acadian Asset Management, an estimated $53.8M added.
  • The largest COVANCE INC. seller in Q2 2014 was Artisan Partners, an estimated $269M sold.

Based on aggregated 13F filings for Q2 2014.