Civeo
CVEO
57 hedge funds and large institutions have $227M invested in Civeo in 2023 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 11 closing their positions.
7,497% more call options, than puts
Call options by funds: $6.84M | Put options by funds: $90K
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
2% more funds holding
Funds holding: 56 → 57 (+1)
2.14% less ownership
Funds ownership: 74.4% → 72.26% (-2.1%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
28% less capital invested
Capital invested by funds: $317M → $227M (-$89.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$12.8M |
| 2 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$5.25M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$4.97M |
| 4 |
SCM
Solas Capital Management
Darien,
Connecticut
|
+$3.52M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Conversant Capital
Summit,
New Jersey
|
-$25.8M |
| 2 |
Millennium Management
New York
|
-$1.09M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$980K |
| 4 |
HF
HRT Financial
New York
|
-$472K |
| 5 |
Two Sigma Investments
New York
|
-$452K |
CVEO Hedge Fund Activity: Q1 2023 in Review
57 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Civeo (CVEO) for Q1 2023, worth a combined $227M — down 28% from $317M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new CVEO positions and 11 closed out — a net gain of 2 holders — while 19 added to existing stakes and 13 trimmed.
The largest buyer was Hudson Bay Capital Management, opening a new position worth an estimated $12.8M. The largest seller was Conversant Capital, exiting entirely with an estimated $25.8M sold.
- 57 institutional investors held Civeo (CVEO) as of Q1 2023, up from 56 in Q4 2022.
- Funds reported $227M of Civeo stock for Q1 2023, down 28% quarter-over-quarter.
- 13 funds opened new Civeo positions in Q1 2023 and 11 closed out, a net change of +2 holders.
- The largest Civeo buyer in Q1 2023 was Hudson Bay Capital Management, an estimated $12.8M added.
- The largest Civeo seller in Q1 2023 was Conversant Capital, an estimated $25.8M sold.
Based on aggregated 13F filings for Q1 2023.