Covetrus, Inc. Common Stock
CVET
CVET was delisted on the 12th of October, 2022.
277 hedge funds and large institutions have $3.76B invested in Covetrus, Inc. Common Stock in 2020 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 84 increasing their positions, 75 reducing their positions, and 34 closing their positions.
28% more capital invested
Capital invested by funds: $2.95B → $3.76B (+$819M)
26% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 34
12% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 75
3% more funds holding
Funds holding: 269 → 277 (+8)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
35% less call options, than puts
Call options by funds: $7.33M | Put options by funds: $11.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CDR
Clayton Dubilier & Rice
New York
|
+$223M |
| 2 |
Morgan Stanley
New York
|
+$46.3M |
| 3 |
BlackRock
New York
|
+$37.4M |
| 4 |
JP Morgan Chase
New York
|
+$20.4M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$15.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Freshford Capital Management
Rye Brook,
New York
|
-$53.6M |
| 2 |
Goldman Sachs
New York
|
-$16.9M |
| 3 |
ClearBridge Investments
New York
|
-$16.6M |
| 4 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
-$16.4M |
| 5 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$15.9M |
CVET Hedge Fund Activity: Q4 2020 in Review
277 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Covetrus, Inc. Common Stock (CVET) for Q4 2020, worth a combined $3.76B — up 28% from $2.95B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new CVET positions and 34 closed out — a net gain of 9 holders — while 84 added to existing stakes and 75 trimmed.
The largest buyer was Clayton Dubilier & Rice, adding an estimated $223M. The largest seller was Freshford Capital Management, cutting an estimated $53.6M.
- 277 institutional investors held Covetrus, Inc. Common Stock (CVET) as of Q4 2020, up from 269 in Q3 2020.
- Funds reported $3.76B of Covetrus, Inc. Common Stock stock for Q4 2020, up 28% quarter-over-quarter.
- 43 funds opened new Covetrus, Inc. Common Stock positions in Q4 2020 and 34 closed out, a net change of +9 holders.
- The largest Covetrus, Inc. Common Stock buyer in Q4 2020 was Clayton Dubilier & Rice, an estimated $223M added.
- The largest Covetrus, Inc. Common Stock seller in Q4 2020 was Freshford Capital Management, an estimated $53.6M sold.
Based on aggregated 13F filings for Q4 2020.