Covetrus, Inc. Common Stock
CVET
CVET was delisted on the 12th of October, 2022.
250 hedge funds and large institutions have $2.77B invested in Covetrus, Inc. Common Stock in 2022 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 80 increasing their positions, 77 reducing their positions, and 40 closing their positions.
133% more funds holding in top 10
Funds holding in top 10: 3 → 7 (+4)
4% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 77
1% more capital invested
Capital invested by funds: $2.73B → $2.77B (+$39.7M)
6% less funds holding
Funds holding: 266 → 250 (-16)
35% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 40
90% less call options, than puts
Call options by funds: $102K | Put options by funds: $1.04M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$72.3M |
| 2 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
+$56.3M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$43.7M |
| 4 |
JP Morgan Chase
New York
|
+$36.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$33.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$79M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$38M |
| 3 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$35.2M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$30.8M |
| 5 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
-$25.8M |
CVET Hedge Fund Activity: Q3 2022 in Review
250 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Covetrus, Inc. Common Stock (CVET) for Q3 2022, worth a combined $2.77B — up 1.5% from $2.73B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of CVET and 26 opened new positions — a net loss of 14 holders — while 77 trimmed existing stakes and 80 added.
The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $72.3M. The largest seller was Wellington Management Group, cutting an estimated $79M.
- 250 institutional investors held Covetrus, Inc. Common Stock (CVET) as of Q3 2022, down from 266 in Q2 2022.
- Funds reported $2.77B of Covetrus, Inc. Common Stock stock for Q3 2022, up 1.5% quarter-over-quarter.
- 26 funds opened new Covetrus, Inc. Common Stock positions in Q3 2022 and 40 closed out, a net change of -14 holders.
- The largest Covetrus, Inc. Common Stock buyer in Q3 2022 was Glazer Capital LLC, an estimated $72.3M added.
- The largest Covetrus, Inc. Common Stock seller in Q3 2022 was Wellington Management Group, an estimated $79M sold.
Based on aggregated 13F filings for Q3 2022.