Covetrus, Inc. Common Stock
CVET
CVET was delisted on the 12th of October, 2022.
257 hedge funds and large institutions have $2.19B invested in Covetrus, Inc. Common Stock in 2022 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 90 increasing their positions, 59 reducing their positions, and 29 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 59
41% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 29
4% more funds holding
Funds holding: 246 → 257 (+11)
16% less capital invested
Capital invested by funds: $2.61B → $2.19B (-$419M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
54% less call options, than puts
Call options by funds: $186K | Put options by funds: $405K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$25.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$17.3M |
| 3 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
+$12.4M |
| 4 |
Millennium Management
New York
|
+$12M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$41.2M |
| 2 |
ClearBridge Investments
New York
|
-$39.2M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$19.4M |
| 4 |
SG
SCHF (GPE)
Wilson,
Wyoming
|
-$10.8M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$8.81M |
CVET Hedge Fund Activity: Q1 2022 in Review
257 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Covetrus, Inc. Common Stock (CVET) for Q1 2022, worth a combined $2.19B — down 16% from $2.61B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new CVET positions and 29 closed out — a net gain of 12 holders — while 90 added to existing stakes and 59 trimmed.
The largest buyer was Select Equity Group, adding an estimated $25.8M. The largest seller was Morgan Stanley, cutting an estimated $41.2M.
- 257 institutional investors held Covetrus, Inc. Common Stock (CVET) as of Q1 2022, up from 246 in Q4 2021.
- Funds reported $2.19B of Covetrus, Inc. Common Stock stock for Q1 2022, down 16% quarter-over-quarter.
- 41 funds opened new Covetrus, Inc. Common Stock positions in Q1 2022 and 29 closed out, a net change of +12 holders.
- The largest Covetrus, Inc. Common Stock buyer in Q1 2022 was Select Equity Group, an estimated $25.8M added.
- The largest Covetrus, Inc. Common Stock seller in Q1 2022 was Morgan Stanley, an estimated $41.2M sold.
Based on aggregated 13F filings for Q1 2022.