Covenant Logistics
CVLG
80 hedge funds and large institutions have $216M invested in Covenant Logistics in 2017 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 24 reducing their positions, and 13 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 24
3.48% more ownership
Funds ownership: 141.2% → 144.68% (+3.5%)
0% less capital invested
Capital invested by funds: $217M → $216M (-$474K)
11% less funds holding
Funds holding: 90 → 80 (-10)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.27M
Top Buyers
| 1 |
BlackRock
New York
|
+$16.3M |
| 2 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$6.84M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$6.8M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$5.11M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.86M |
Top Sellers
CVLG Hedge Fund Activity: Q1 2017 in Review
80 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Covenant Logistics (CVLG) for Q1 2017, worth a combined $216M — down 0.22% from $217M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of CVLG and 9 opened new positions — a net loss of 4 holders — while 24 trimmed existing stakes and 31 added.
The largest buyer was BlackRock, adding an estimated $16.3M. The largest seller was James Investment Research, exiting entirely with an estimated $5.19M sold.
- 80 institutional investors held Covenant Logistics (CVLG) as of Q1 2017, down from 90 in Q4 2016.
- Funds reported $216M of Covenant Logistics stock for Q1 2017, down 0.22% quarter-over-quarter.
- 9 funds opened new Covenant Logistics positions in Q1 2017 and 13 closed out, a net change of -4 holders.
- The largest Covenant Logistics buyer in Q1 2017 was BlackRock, an estimated $16.3M added.
- The largest Covenant Logistics seller in Q1 2017 was James Investment Research, an estimated $5.19M sold.
Based on aggregated 13F filings for Q1 2017.