We are live on ! Find out more
CVLG icon

Covenant Logistics
CVLG

57 hedge funds and large institutions have $87.6M invested in Covenant Logistics in 2014 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 15 increasing their positions, 15 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 6

29% more capital invested

Capital invested by funds: $68.1M → $87.6M (+$19.4M)

19% more funds holding

Funds holding: 48 → 57 (+9)

0% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 15

Holders
57
Holders Change
+9
Holders Change %
+18.75%
% of All Funds
1.64%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
15
Increased
15
Reduced
15
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
NC
Northpointe Capital
Michigan
+$1.51M
2
SM
Senvest Management
New York
+$1.12M
3
Allianz Asset Management
Allianz Asset Management
Germany
+$992K
4
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
+$833K
5
GCP
GSA Capital Partners
United Kingdom
+$791K

Top Sellers

1
DSC
Donald Smith & Co
New York
-$5.73M
2
Wells Fargo
Wells Fargo
California
-$1.38M
3
BG
BlackRock Group
United Kingdom
-$448K
4
TC
TFS Capital
Pennsylvania
-$190K
5
PCM
Prelude Capital Management
New York
-$177K
Name Holding Trade Value Shares
Change 		Change in
Stake
Northern Trust
26
Northern Trust
Illinois
$396K +$1.23K +230 +0.4%
HCM
27
Horrell Capital Management
Arkansas
$377K +$57.2K +10,694 +22%
BFA
28
BlackRock Fund Advisors
California
$347K -$32.6K -6,090 -10%
SIM
29
Spark Investment Management
New York
$269K – – –
DCM
30
Driehaus Capital Management
Illinois
$202K +$168K +31,414 New
Invesco
31
Invesco
Georgia
$194K -$47.3K -8,834 -23%
GMCM
32
Gruber & McBaine Capital Management
California
$192K – – –
Axa
33
Axa
France
$192K +$102K +19,156 +180%
SC
34
Skylands Capital
Wisconsin
$182K +$151K +28,200 New
Jacobs Levy Equity Management
35
Jacobs Levy Equity Management
New Jersey
$172K +$143K +26,676 New
Bank of New York Mellon
36
Bank of New York Mellon
New York
$166K – – –
State Street
37
State Street
Massachusetts
$154K – – –
CRM
38
Cramer Rosenthal McGlynn
Connecticut
$151K – – –
RCM
39
Rotella Capital Management
Washington
$145K +$120K +22,494 New
RFC
40
Russell Frank Company
Washington
$144K +$129K +24,194 New
US Bancorp
41
US Bancorp
Minnesota
$138K +$115K +21,460 New
SI
42
Stephens Inc
Arkansas
$129K +$107K +20,000 New
CAM
43
ClariVest Asset Management
California
$121K +$99.7K +18,646 New
BGIM
44
Brandywine Global Investment Management
Pennsylvania
$84K -$36.4K -6,800 -34%
PCM
45
Prelude Capital Management
New York
$45K -$177K -33,000 -83%
BA
46
BlackRock Advisors
Delaware
$26K +$6.59K +1,232 +45%
NFA
47
Nationwide Fund Advisors
Ohio
$24K – – –
Citigroup
48
Citigroup
New York
$24K +$16.5K +3,090 +474%
Barclays
49
Barclays
United Kingdom
$23K +$20.3K +3,800 New
BIM
50
BlackRock Investment Management
Delaware
$18K +$15.3K +2,854 New
1
2
3

CVLG Hedge Fund Activity: Q2 2014 in Review

57 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Covenant Logistics (CVLG) for Q2 2014, worth a combined $87.6M — up 29% from $68.1M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new CVLG positions and 6 closed out — a net gain of 9 holders — while 15 added to existing stakes and 15 trimmed.

The largest buyer was Northpointe Capital, adding an estimated $1.51M. The largest seller was Donald Smith & Co, cutting an estimated $5.73M.

  • 57 institutional investors held Covenant Logistics (CVLG) as of Q2 2014, up from 48 in Q1 2014.
  • Funds reported $87.6M of Covenant Logistics stock for Q2 2014, up 29% quarter-over-quarter.
  • 15 funds opened new Covenant Logistics positions in Q2 2014 and 6 closed out, a net change of +9 holders.
  • The largest Covenant Logistics buyer in Q2 2014 was Northpointe Capital, an estimated $1.51M added.
  • The largest Covenant Logistics seller in Q2 2014 was Donald Smith & Co, an estimated $5.73M sold.

Based on aggregated 13F filings for Q2 2014.