Civeo
CVEO
121 hedge funds and large institutions have $302M invested in Civeo in 2017 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 45 increasing their positions, 22 reducing their positions, and 9 closing their positions.
244% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 9
105% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 22
88% more capital invested
Capital invested by funds: $160M → $302M (+$142M)
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
21% more funds holding
Funds holding: 100 → 121 (+21)
0.8% more ownership
Funds ownership: 5.62% → 6.42% (+0.8%)
33% less call options, than puts
Call options by funds: $234K | Put options by funds: $350K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
+$24.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.7M |
| 3 |
ACM
Arosa Capital Management
Miami Beach,
Florida
|
+$13.1M |
| 4 |
MAMNY
Marathon Asset Management (New York)
New York
|
+$4.08M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$3.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$5.07M |
| 2 |
VCP
Valtura Capital Partners
New York
|
-$1.07M |
| 3 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$914K |
| 4 |
SIM
Spark Investment Management
New York
|
-$887K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$833K |
CVEO Hedge Fund Activity: Q1 2017 in Review
121 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Civeo (CVEO) for Q1 2017, worth a combined $302M — up 88% from $160M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new CVEO positions and 9 closed out — a net gain of 22 holders — while 45 added to existing stakes and 22 trimmed.
The largest buyer was Horizon Kinetics, opening a new position worth an estimated $24.2M. The largest seller was Brookfield Corp, cutting an estimated $5.07M.
- 121 institutional investors held Civeo (CVEO) as of Q1 2017, up from 100 in Q4 2016.
- Funds reported $302M of Civeo stock for Q1 2017, up 88% quarter-over-quarter.
- 31 funds opened new Civeo positions in Q1 2017 and 9 closed out, a net change of +22 holders.
- The largest Civeo buyer in Q1 2017 was Horizon Kinetics, an estimated $24.2M added.
- The largest Civeo seller in Q1 2017 was Brookfield Corp, an estimated $5.07M sold.
Based on aggregated 13F filings for Q1 2017.