Covetrus, Inc. Common Stock
CVET
CVET was delisted on the 12th of October, 2022.
253 hedge funds and large institutions have $1.97B invested in Covetrus, Inc. Common Stock in 2020 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 68 increasing their positions, 80 reducing their positions, and 37 closing their positions.
113% more capital invested
Capital invested by funds: $925M → $1.97B (+$1.05B)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
15% more call options, than puts
Call options by funds: $4.82M | Put options by funds: $4.18M
14% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 37
2% more funds holding
Funds holding: 249 → 253 (+4)
15% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 80
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$36.9M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$14.5M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$13.4M |
| 4 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
+$11.8M |
| 5 |
RSCM
Rock Springs Capital Management
Baltimore,
Maryland
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Asset Management
Paris,
France
|
-$32M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$31.2M |
| 3 |
FCM
Freshford Capital Management
Rye Brook,
New York
|
-$22.5M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$16.2M |
| 5 |
ClearBridge Investments
New York
|
-$11.2M |
CVET Hedge Fund Activity: Q2 2020 in Review
253 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Covetrus, Inc. Common Stock (CVET) for Q2 2020, worth a combined $1.97B — up 113% from $925M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new CVET positions and 37 closed out — a net gain of 5 holders — while 68 added to existing stakes and 80 trimmed.
The largest buyer was BlackRock, adding an estimated $36.9M. The largest seller was BNP Paribas Asset Management, cutting an estimated $32M.
- 253 institutional investors held Covetrus, Inc. Common Stock (CVET) as of Q2 2020, up from 249 in Q1 2020.
- Funds reported $1.97B of Covetrus, Inc. Common Stock stock for Q2 2020, up 113% quarter-over-quarter.
- 42 funds opened new Covetrus, Inc. Common Stock positions in Q2 2020 and 37 closed out, a net change of +5 holders.
- The largest Covetrus, Inc. Common Stock buyer in Q2 2020 was BlackRock, an estimated $36.9M added.
- The largest Covetrus, Inc. Common Stock seller in Q2 2020 was BNP Paribas Asset Management, an estimated $32M sold.
Based on aggregated 13F filings for Q2 2020.