Covetrus, Inc. Common Stock
CVET
CVET was delisted on the 12th of October, 2022.
265 hedge funds and large institutions have $1.46B invested in Covetrus, Inc. Common Stock in 2019 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 86 increasing their positions, 78 reducing their positions, and 65 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
18% more capital invested
Capital invested by funds: $1.23B → $1.46B (+$227M)
10% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 78
6% less funds holding
Funds holding: 282 → 265 (-17)
11% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 65
56% less call options, than puts
Call options by funds: $10.7M | Put options by funds: $24.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$45.5M |
| 2 |
ClearBridge Investments
New York
|
+$34M |
| 3 |
FCM
Freshford Capital Management
Rye Brook,
New York
|
+$26.9M |
| 4 |
AVC
Arlington Value Capital
Salt Lake City,
Utah
|
+$15.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
HHLR Advisors
Grand Cayman,
Cayman Islands
|
-$47.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$43.3M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
-$37.6M |
| 4 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
-$28.7M |
| 5 |
JP Morgan Chase
New York
|
-$22.9M |
CVET Hedge Fund Activity: Q4 2019 in Review
265 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Covetrus, Inc. Common Stock (CVET) for Q4 2019, worth a combined $1.46B — up 18% from $1.23B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of CVET and 58 opened new positions — a net loss of 7 holders — while 78 trimmed existing stakes and 86 added.
The largest buyer was BlackRock, adding an estimated $45.5M. The largest seller was HHLR Advisors, exiting entirely with an estimated $47.1M sold.
- 265 institutional investors held Covetrus, Inc. Common Stock (CVET) as of Q4 2019, down from 282 in Q3 2019.
- Funds reported $1.46B of Covetrus, Inc. Common Stock stock for Q4 2019, up 18% quarter-over-quarter.
- 58 funds opened new Covetrus, Inc. Common Stock positions in Q4 2019 and 65 closed out, a net change of -7 holders.
- The largest Covetrus, Inc. Common Stock buyer in Q4 2019 was BlackRock, an estimated $45.5M added.
- The largest Covetrus, Inc. Common Stock seller in Q4 2019 was HHLR Advisors, an estimated $47.1M sold.
Based on aggregated 13F filings for Q4 2019.