Covetrus, Inc. Common Stock
CVET
CVET was delisted on the 12th of October, 2022.
270 hedge funds and large institutions have $3.53B invested in Covetrus, Inc. Common Stock in 2021 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 79 increasing their positions, 95 reducing their positions, and 32 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1% less funds holding
Funds holding: 274 → 270 (-4)
10% less capital invested
Capital invested by funds: $3.91B → $3.53B (-$383M)
13% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 32
17% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 95
63% less call options, than puts
Call options by funds: $2.18M | Put options by funds: $5.86M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$37.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$27.5M |
| 3 |
JP Morgan Chase
New York
|
+$20.6M |
| 4 |
Millennium Management
New York
|
+$12.1M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$5.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$34M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$27.7M |
| 3 |
BlackRock
New York
|
-$24.8M |
| 4 |
FCM
Freshford Capital Management
Rye Brook,
New York
|
-$5.08M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$4.41M |
CVET Hedge Fund Activity: Q2 2021 in Review
270 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Covetrus, Inc. Common Stock (CVET) for Q2 2021, worth a combined $3.53B — down 9.8% from $3.91B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of CVET and 28 opened new positions — a net loss of 4 holders — while 95 trimmed existing stakes and 79 added.
The largest buyer was Wellington Management Group, adding an estimated $37.2M. The largest seller was T. Rowe Price Associates, cutting an estimated $34M.
- 270 institutional investors held Covetrus, Inc. Common Stock (CVET) as of Q2 2021, down from 274 in Q1 2021.
- Funds reported $3.53B of Covetrus, Inc. Common Stock stock for Q2 2021, down 9.8% quarter-over-quarter.
- 28 funds opened new Covetrus, Inc. Common Stock positions in Q2 2021 and 32 closed out, a net change of -4 holders.
- The largest Covetrus, Inc. Common Stock buyer in Q2 2021 was Wellington Management Group, an estimated $37.2M added.
- The largest Covetrus, Inc. Common Stock seller in Q2 2021 was T. Rowe Price Associates, an estimated $34M sold.
Based on aggregated 13F filings for Q2 2021.