COVANCE INC.
CVD
CVD was delisted on the 18th of February, 2015.
298 hedge funds and large institutions have $4.72B invested in COVANCE INC. in 2013 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 105 increasing their positions, 101 reducing their positions, and 21 closing their positions.
100% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 21
15% more call options, than puts
Call options by funds: $10.9M | Put options by funds: $9.41M
7% more funds holding
Funds holding: 278 → 298 (+20)
6% more capital invested
Capital invested by funds: $4.46B → $4.72B (+$256M)
4% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 101
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EARNEST Partners
Atlanta,
Georgia
|
+$137M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$26.3M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$19.1M |
| 4 |
ICM
IronBridge Capital Management
Oakbrook Terrace,
Illinois
|
+$17.4M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$64.8M |
| 2 |
BII
Baring International Investment
London,
United Kingdom
|
-$17.4M |
| 3 |
Bank of New York Mellon
New York
|
-$15.3M |
| 4 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
-$11.3M |
| 5 |
O
OppenheimerFunds
New York
|
-$7.88M |
CVD Hedge Fund Activity: Q4 2013 in Review
298 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in COVANCE INC. (CVD) for Q4 2013, worth a combined $4.72B — up 5.7% from $4.46B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new CVD positions and 21 closed out — a net gain of 21 holders — while 105 added to existing stakes and 101 trimmed.
The largest buyer was EARNEST Partners, opening a new position worth an estimated $137M. The largest seller was Frontier Capital Management, cutting an estimated $64.8M.
- 298 institutional investors held COVANCE INC. (CVD) as of Q4 2013, up from 278 in Q3 2013.
- Funds reported $4.72B of COVANCE INC. stock for Q4 2013, up 5.7% quarter-over-quarter.
- 42 funds opened new COVANCE INC. positions in Q4 2013 and 21 closed out, a net change of +21 holders.
- The largest COVANCE INC. buyer in Q4 2013 was EARNEST Partners, an estimated $137M added.
- The largest COVANCE INC. seller in Q4 2013 was Frontier Capital Management, an estimated $64.8M sold.
Based on aggregated 13F filings for Q4 2013.