Covetrus, Inc. Common Stock
CVET
CVET was delisted on the 12th of October, 2022.
246 hedge funds and large institutions have $2.61B invested in Covetrus, Inc. Common Stock in 2021 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 83 increasing their positions, 67 reducing their positions, and 39 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
24% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 67
10% more capital invested
Capital invested by funds: $2.37B → $2.61B (+$239M)
5% less funds holding
Funds holding: 260 → 246 (-14)
28% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 39
56% less call options, than puts
Call options by funds: $944K | Put options by funds: $2.14M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$91.2M |
| 2 |
FCM
Freshford Capital Management
Rye Brook,
New York
|
+$32.3M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$14.4M |
| 4 |
BlackRock
New York
|
+$11.1M |
| 5 |
D.E. Shaw & Co
New York
|
+$9.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$90.5M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$43.6M |
| 3 |
DS
Dudley & Shanley
Palm Beach,
Florida
|
-$14.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$14.3M |
| 5 |
Renaissance Technologies
New York
|
-$6.44M |
CVET Hedge Fund Activity: Q4 2021 in Review
246 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Covetrus, Inc. Common Stock (CVET) for Q4 2021, worth a combined $2.61B — up 10% from $2.37B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of CVET and 28 opened new positions — a net loss of 11 holders — while 67 trimmed existing stakes and 83 added.
The largest buyer was Wellington Management Group, adding an estimated $91.2M. The largest seller was Morgan Stanley, cutting an estimated $90.5M.
- 246 institutional investors held Covetrus, Inc. Common Stock (CVET) as of Q4 2021, down from 260 in Q3 2021.
- Funds reported $2.61B of Covetrus, Inc. Common Stock stock for Q4 2021, up 10% quarter-over-quarter.
- 28 funds opened new Covetrus, Inc. Common Stock positions in Q4 2021 and 39 closed out, a net change of -11 holders.
- The largest Covetrus, Inc. Common Stock buyer in Q4 2021 was Wellington Management Group, an estimated $91.2M added.
- The largest Covetrus, Inc. Common Stock seller in Q4 2021 was Morgan Stanley, an estimated $90.5M sold.
Based on aggregated 13F filings for Q4 2021.