Covenant Logistics
CVLG
151 hedge funds and large institutions have $328M invested in Covenant Logistics in 2024 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 49 increasing their positions, 56 reducing their positions, and 20 closing their positions.
10% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 20
3.41% more ownership
Funds ownership: 128.7% → 132.11% (+3.4%)
5% more capital invested
Capital invested by funds: $313M → $328M (+$14.1M)
1% more funds holding
Funds holding: 150 → 151 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 56
85% less call options, than puts
Call options by funds: $4.35M | Put options by funds: $28.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Scopus Asset Management
New York
|
+$6.12M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.12M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.75M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$1.57M |
| 5 |
Two Sigma Investments
New York
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$1.65M |
| 2 |
Morgan Stanley
New York
|
-$1.46M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.32M |
| 4 |
RA
Royce & Associates
New York
|
-$1.14M |
| 5 |
Millennium Management
New York
|
-$1.08M |
CVLG Hedge Fund Activity: Q1 2024 in Review
151 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Covenant Logistics (CVLG) for Q1 2024, worth a combined $328M — up 4.5% from $313M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new CVLG positions and 20 closed out — a net gain of 2 holders — while 49 added to existing stakes and 56 trimmed.
The largest buyer was Scopus Asset Management, adding an estimated $6.12M. The largest seller was LSV Asset Management, cutting an estimated $1.65M.
- 151 institutional investors held Covenant Logistics (CVLG) as of Q1 2024, up from 150 in Q4 2023.
- Funds reported $328M of Covenant Logistics stock for Q1 2024, up 4.5% quarter-over-quarter.
- 22 funds opened new Covenant Logistics positions in Q1 2024 and 20 closed out, a net change of +2 holders.
- The largest Covenant Logistics buyer in Q1 2024 was Scopus Asset Management, an estimated $6.12M added.
- The largest Covenant Logistics seller in Q1 2024 was LSV Asset Management, an estimated $1.65M sold.
Based on aggregated 13F filings for Q1 2024.