Covetrus, Inc. Common Stock
CVET
CVET was delisted on the 12th of October, 2022.
249 hedge funds and large institutions have $925M invested in Covetrus, Inc. Common Stock in 2020 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 77 increasing their positions, 73 reducing their positions, and 54 closing their positions.
239% more call options, than puts
Call options by funds: $5.17M | Put options by funds: $1.52M
5% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 73
6% less funds holding
Funds holding: 265 → 249 (-16)
26% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 54
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
36% less capital invested
Capital invested by funds: $1.46B → $925M (-$531M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$61M |
| 2 |
FCM
Freshford Capital Management
Rye Brook,
New York
|
+$30.6M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$27.3M |
| 4 |
BNP Paribas Asset Management
Paris,
France
|
+$8.61M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$8.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$34.9M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
-$31.4M |
| 3 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
-$10.6M |
| 4 |
LM
Luminus Management
Houston,
Texas
|
-$10.5M |
| 5 |
SCA
Southpoint Capital Advisors
New York
|
-$9.55M |
CVET Hedge Fund Activity: Q1 2020 in Review
249 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Covetrus, Inc. Common Stock (CVET) for Q1 2020, worth a combined $925M — down 36% from $1.46B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of CVET and 40 opened new positions — a net loss of 14 holders — while 73 trimmed existing stakes and 77 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $61M. The largest seller was First Trust Advisors, exiting entirely with an estimated $34.9M sold.
- 249 institutional investors held Covetrus, Inc. Common Stock (CVET) as of Q1 2020, down from 265 in Q4 2019.
- Funds reported $925M of Covetrus, Inc. Common Stock stock for Q1 2020, down 36% quarter-over-quarter.
- 40 funds opened new Covetrus, Inc. Common Stock positions in Q1 2020 and 54 closed out, a net change of -14 holders.
- The largest Covetrus, Inc. Common Stock buyer in Q1 2020 was T. Rowe Price Associates, an estimated $61M added.
- The largest Covetrus, Inc. Common Stock seller in Q1 2020 was First Trust Advisors, an estimated $34.9M sold.
Based on aggregated 13F filings for Q1 2020.