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.
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
Top Buyers
Top Sellers
| 1 |
DSC
Donald Smith & Co
New York
|
-$5.73M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.38M |
| 3 |
BG
BlackRock Group
London,
United Kingdom
|
-$448K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$190K |
| 5 |
PCM
Prelude Capital Management
New York
|
-$177K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
U
51
UBS
Zurich,
Switzerland
| $10K | -$22.4K | -4,196 | -74% |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| $9K | -$14.3K | -2,676 | -65% |
|
53
Bank of America
Charlotte,
North Carolina
| $5K | +$4.31K | +806 | New |
|
|
OSAM
54
O'Shaughnessy Asset Management
Stamford,
Connecticut
| $4K | -$984 | -184 | -23% |
|
55
Ameriprise
Minneapolis,
Minnesota
| $2K | – | – | – |
|
|
GC
56
Globeflex Capital
San Diego,
California
| $1K | -$310 | -58 | -17% |
|
57
BNP Paribas Financial Markets
Paris,
France
| $837 | – | – | – |
|
|
BG
58
BlackRock Group
London,
United Kingdom
| – | -$448K | -88,706 | Closed |
|
|
TC
59
TFS Capital
West Chester,
Pennsylvania
| – | -$190K | -37,620 | Closed |
|
60
Wellington Management Group
Boston,
Massachusetts
| – | -$163K | -32,284 | Closed |
|
|
N
61
Natixis
Paris,
France
| – | -$106K | -21,000 | Closed |
|
62
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$31K | -6,216 | Closed |
|
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.