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CVET

Covetrus, Inc. Common Stock

Delisted

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

250 hedge funds and large institutions have $2.77B invested in Covetrus, Inc. Common Stock in 2022 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 80 increasing their positions, 77 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more funds holding in top 10

Funds holding in top 10: 37 (+4)

4% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 77

1% more capital invested

Capital invested by funds: $2.73B → $2.77B (+$39.7M)

6% less funds holding

Funds holding: 266250 (-16)

35% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 40

90% less call options, than puts

Call options by funds: $102K | Put options by funds: $1.04M

Holders
250
Holders Change
-16
Holders Change %
-6.02%
% of All Funds
4.31%
Holding in Top 10
7
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+133.33%
% of All Funds
0.12%
New
26
Increased
80
Reduced
77
Closed
40
Calls
$102K
Puts
$1.04M
Net Calls
-$943K
Net Calls Change
-$255K
Name Holding Trade Value Shares
Change
Change in
Stake
CDR
1
Clayton Dubilier & Rice
New York
$704M
BlackRock
2
BlackRock
New York
$347M -$8.98M -431,274 -3%
Vanguard Group
3
Vanguard Group
Pennsylvania
$248M +$4.7M +225,531 +2%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$95.6M -$79M -3,796,707 -45%
State Street
5
State Street
Massachusetts
$82.3M +$1.3M +62,667 +2%
GCL
6
Glazer Capital LLC
New York
$72.5M +$72.3M +3,470,802 New
NAM
7
Nexpoint Asset Management
Texas
$67.4M +$56.3M +2,702,282 +514%
PCM
8
Pentwater Capital Management
Florida
$65M +$4.03M +193,739 +7%
UBS Group
9
UBS Group
Switzerland
$61.6M +$43.7M +2,097,309 +246%
Citadel Advisors
10
Citadel Advisors
Florida
$51.3M +$33.9M +1,629,864 +197%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$50.3M -$14M -674,247 -22%
JP Morgan Chase
12
JP Morgan Chase
New York
$45.2M +$36.8M +1,769,262 +450%
FCM
13
Freshford Capital Management
New York
$41.4M -$17M -817,068 -29%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$40.9M +$643K +30,899 +2%
UOC
15
UBS O'Connor
Illinois
$39M +$7.78M +373,576 +25%
Goldman Sachs
16
Goldman Sachs
New York
$37.5M +$5.74M +275,897 +18%
RSCM
17
Rock Springs Capital Management
Maryland
$35.1M
AA
18
AQR Arbitrage
Connecticut
$31.3M +$6.95M +333,651 +29%
Balyasny Asset Management
19
Balyasny Asset Management
Illinois
$29.6M -$30.8M -1,478,888 -51%
Morgan Stanley
20
Morgan Stanley
New York
$29.3M +$10.3M +493,644 +54%
Northern Trust
21
Northern Trust
Illinois
$27.9M +$10.6K +508 +0%
Charles Schwab
22
Charles Schwab
California
$27M -$9.33K -448 -0%
AAM
23
Alpine Associates Management
Florida
$25.8M -$548K -26,300 -2%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$23M +$256K +12,301 +1%
WIC
25
Water Island Capital
New York
$22.8M -$3.18M -152,567 -12%

CVET Hedge Fund Activity: Q3 2022 in Review

250 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Covetrus, Inc. Common Stock (CVET) for Q3 2022, worth a combined $2.77B — up 1.5% from $2.73B a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of CVET and 26 opened new positions — a net loss of 14 holders — while 77 trimmed existing stakes and 80 added.

The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $72.3M. The largest seller was Wellington Management Group, cutting an estimated $79M.

  • 250 institutional investors held Covetrus, Inc. Common Stock (CVET) as of Q3 2022, down from 266 in Q2 2022.
  • Funds reported $2.77B of Covetrus, Inc. Common Stock stock for Q3 2022, up 1.5% quarter-over-quarter.
  • 26 funds opened new Covetrus, Inc. Common Stock positions in Q3 2022 and 40 closed out, a net change of -14 holders.
  • The largest Covetrus, Inc. Common Stock buyer in Q3 2022 was Glazer Capital LLC, an estimated $72.3M added.
  • The largest Covetrus, Inc. Common Stock seller in Q3 2022 was Wellington Management Group, an estimated $79M sold.

Based on aggregated 13F filings for Q3 2022.