COVANCE INC.
CVD
CVD was delisted on the 18th of February, 2015.
278 hedge funds and large institutions have $4.44B invested in COVANCE INC. in 2013 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 105 increasing their positions, 101 reducing their positions, and 17 closing their positions.
88% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 17
13% more capital invested
Capital invested by funds: $3.93B → $4.44B (+$513M)
5% more funds holding
Funds holding: 265 → 278 (+13)
4% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 101
1% more call options, than puts
Call options by funds: $14M | Put options by funds: $13.8M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$24.3M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$21.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$20.3M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$13.8M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$13.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$53.7M |
| 2 |
KeyBank National Association
Cleveland,
Ohio
|
-$30.9M |
| 3 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$28.2M |
| 4 |
RIM
RS Investment Management
San Francisco,
California
|
-$17.8M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$13M |
CVD Hedge Fund Activity: Q3 2013 in Review
278 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in COVANCE INC. (CVD) for Q3 2013, worth a combined $4.44B — up 13% from $3.93B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new CVD positions and 17 closed out — a net gain of 15 holders — while 105 added to existing stakes and 101 trimmed.
The largest buyer was Artisan Partners, adding an estimated $24.3M. The largest seller was T. Rowe Price Associates, cutting an estimated $53.7M.
- 278 institutional investors held COVANCE INC. (CVD) as of Q3 2013, up from 265 in Q2 2013.
- Funds reported $4.44B of COVANCE INC. stock for Q3 2013, up 13% quarter-over-quarter.
- 32 funds opened new COVANCE INC. positions in Q3 2013 and 17 closed out, a net change of +15 holders.
- The largest COVANCE INC. buyer in Q3 2013 was Artisan Partners, an estimated $24.3M added.
- The largest COVANCE INC. seller in Q3 2013 was T. Rowe Price Associates, an estimated $53.7M sold.
Based on aggregated 13F filings for Q3 2013.