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CVET

Covetrus, Inc. Common Stock

Delisted

CVET was delisted on the 12th of October, 2022.

282 hedge funds and large institutions have $1.23B invested in Covetrus, Inc. Common Stock in 2019 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 78 increasing their positions, 105 reducing their positions, and 78 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% less funds holding

Funds holding: 320282 (-38)

26% less repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 105

30% less call options, than puts

Call options by funds: $8.6M | Put options by funds: $12.2M

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

46% less first-time investments, than exits

New positions opened: 42 | Existing positions closed: 78

52% less capital invested

Capital invested by funds: $2.54B → $1.23B (-$1.31B)

Holders
282
Holders Change
-38
Holders Change %
-11.88%
% of All Funds
6.18%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
42
Increased
78
Reduced
105
Closed
78
Calls
$8.6M
Puts
$12.2M
Net Calls
-$3.62M
Net Calls Change
-$2.27M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$134M -$3.03M -163,655 -1%
CDR
2
Clayton Dubilier & Rice
New York
$134M
Vanguard Group
3
Vanguard Group
Pennsylvania
$105M +$5.21M +281,292 +3%
BlackRock
4
BlackRock
New York
$101M +$66.6K +3,596 +0%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$55.1M -$19.3M -1,045,032 -18%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$54.2M +$36.2M +1,954,625 +75%
HA
7
HHLR Advisors
Cayman Islands
$47.1M +$73.3M +3,958,198 New
Viking Global Investors
8
Viking Global Investors
Connecticut
$40.2M
ACM
9
Atlanta Capital Management
Georgia
$37.7M +$207K +11,190 +0.4%
Brown Advisory
10
Brown Advisory
Maryland
$37.1M +$7.43M +401,287 +15%
BNP Paribas Asset Management
11
BNP Paribas Asset Management
France
$34.1M +$27.4M +1,477,672 +106%
State Street
12
State Street
Massachusetts
$33.2M +$2.2M +118,587 +4%
FCM
13
Freshford Capital Management
New York
$31.6M +$27M +1,456,557 +122%
Kovitz Investment Group Partners
14
Kovitz Investment Group Partners
Illinois
$29.4M +$45.8M +2,471,648 New
JP Morgan Chase
15
JP Morgan Chase
New York
$22.9M +$22M +1,190,271 +163%
ClearBridge Investments
16
ClearBridge Investments
New York
$19.9M +$31M +1,674,922 New
First Trust Advisors
17
First Trust Advisors
Illinois
$18.8M +$29.3M +1,582,735 New
Rockefeller Capital Management
18
Rockefeller Capital Management
New York
$15.5M -$1.83M -98,737 -7%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$13.2M +$315K +17,006 +2%
Dimensional Fund Advisors
20
Dimensional Fund Advisors
Texas
$12.6M +$12.9M +699,022 +193%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$11.9M +$674K +36,408 +4%
Northern Trust
22
Northern Trust
Illinois
$11.7M +$1.42M +76,657 +8%
Canada Life
23
Canada Life
Manitoba, Canada
$11.6M +$4.7M +253,984 +35%
Norges Bank
24
Norges Bank
Norway
$10.4M +$1.25M +67,616 +8%
ZIG
25
Zuckerman Investment Group
Illinois
$9.6M +$5.6M +302,328 +60%

CVET Hedge Fund Activity: Q3 2019 in Review

282 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Covetrus, Inc. Common Stock (CVET) for Q3 2019, worth a combined $1.23B — down 52% from $2.54B a quarter earlier.

Sellers outnumbered buyers: 78 funds closed out of CVET and 42 opened new positions — a net loss of 36 holders — while 105 trimmed existing stakes and 78 added.

The largest buyer was HHLR Advisors, opening a new position worth an estimated $73.3M. The largest seller was Select Equity Group, exiting entirely with an estimated $136M sold.

  • 282 institutional investors held Covetrus, Inc. Common Stock (CVET) as of Q3 2019, down from 320 in Q2 2019.
  • Funds reported $1.23B of Covetrus, Inc. Common Stock stock for Q3 2019, down 52% quarter-over-quarter.
  • 42 funds opened new Covetrus, Inc. Common Stock positions in Q3 2019 and 78 closed out, a net change of -36 holders.
  • The largest Covetrus, Inc. Common Stock buyer in Q3 2019 was HHLR Advisors, an estimated $73.3M added.
  • The largest Covetrus, Inc. Common Stock seller in Q3 2019 was Select Equity Group, an estimated $136M sold.

Based on aggregated 13F filings for Q3 2019.