Civeo
CVEO
96 hedge funds and large institutions have $412M invested in Civeo in 2018 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 32 increasing their positions, 31 reducing their positions, and 19 closing their positions.
46% more capital invested
Capital invested by funds: $282M → $412M (+$130M)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
3% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 31
0.38% more ownership
Funds ownership: 6.5% → 6.88% (+0.38%)
5% less funds holding
Funds holding: 101 → 96 (-5)
21% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 19
46% less call options, than puts
Call options by funds: $190K | Put options by funds: $349K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
+$37.4M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.64M |
| 3 |
Renaissance Technologies
New York
|
+$2.85M |
| 4 |
MRI
Mad River Investors
Boston,
Massachusetts
|
+$2.71M |
| 5 |
Millennium Management
New York
|
+$2.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Centerbridge Partners
New York
|
-$14.4M |
| 2 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$3.32M |
| 3 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
-$2.51M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$2.27M |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$1.49M |
CVEO Hedge Fund Activity: Q1 2018 in Review
96 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Civeo (CVEO) for Q1 2018, worth a combined $412M — up 46% from $282M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of CVEO and 15 opened new positions — a net loss of 4 holders — while 31 trimmed existing stakes and 32 added.
The largest buyer was Horizon Kinetics, adding an estimated $37.4M. The largest seller was Centerbridge Partners, cutting an estimated $14.4M.
- 96 institutional investors held Civeo (CVEO) as of Q1 2018, down from 101 in Q4 2017.
- Funds reported $412M of Civeo stock for Q1 2018, up 46% quarter-over-quarter.
- 15 funds opened new Civeo positions in Q1 2018 and 19 closed out, a net change of -4 holders.
- The largest Civeo buyer in Q1 2018 was Horizon Kinetics, an estimated $37.4M added.
- The largest Civeo seller in Q1 2018 was Centerbridge Partners, an estimated $14.4M sold.
Based on aggregated 13F filings for Q1 2018.