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Covenant Logistics

154 hedge funds and large institutions have $336M invested in Covenant Logistics in 2024 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 45 increasing their positions, 54 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

21% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 24

2% more funds holding

Funds holding: 151154 (+3)

2% more capital invested

Capital invested by funds: $328M → $336M (+$8.13M)

5.5% less ownership

Funds ownership: 132.11%126.61% (-5.5%)

17% less repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 54

79% less call options, than puts

Call options by funds: $2.33M | Put options by funds: $11.2M

Holders
154
Holders Change
+3
Holders Change %
+1.99%
% of All Funds
2.22%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
29
Increased
45
Reduced
54
Closed
24
Calls
$2.33M
Puts
$11.2M
Net Calls
-$8.84M
Net Calls Change
+$15.2M
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
76
UBS Group
Switzerland
$412K -$107K -4,618 -22%
State of Wisconsin Investment Board
77
State of Wisconsin Investment Board
Wisconsin
$402K -$43K -1,850 -10%
California State Teachers Retirement System (CalSTRS)
78
California State Teachers Retirement System (CalSTRS)
California
$387K -$6.32K -272 -2%
VI
79
Versor Investments
New York
$385K
BNP Paribas Financial Markets
80
BNP Paribas Financial Markets
France
$383K -$40.8K -1,756 -10%
Tudor Investment Corp
81
Tudor Investment Corp
Connecticut
$380K -$184K -7,912 -34%
Commonwealth Equity Services
82
Commonwealth Equity Services
Massachusetts
$348K -$2.69K -116 -0.8%
MCM
83
MAI Capital Management
Ohio
$334K -$29.9K -1,288 -9%
JF
84
Jump Financial
Illinois
$325K -$96.1K -4,138 -24%
Legal & General Group
85
Legal & General Group
United Kingdom
$324K +$1.25K +54 +0.4%
T. Rowe Price Associates
86
T. Rowe Price Associates
Maryland
$319K -$1.58K -68 -0.5%
EGM
87
Engineers Gate Manager
New York
$314K -$91.2K -3,928 -24%
AllianceBernstein
88
AllianceBernstein
Tennessee
$299K +$281K +12,112 New
TC
89
Truvestments Capital
Florida
$282K -$8.64K -372 -3%
B
90
Bailard
California
$276K +$260K +11,200 New
AG
91
Algert Global
California
$275K +$259K +11,150 New
PP
92
PDT Partners
New York
$274K -$90.3K -3,886 -26%
MIM
93
MetLife Investment Management
New Jersey
$262K +$19.7K +850 +9%
Franklin Resources
94
Franklin Resources
California
$260K -$560K -24,116 -70%
Qube Research & Technologies (QRT)
95
Qube Research & Technologies (QRT)
United Kingdom
$241K -$211K -9,078 -48%
Mirae Asset Global ETFs Holdings
96
Mirae Asset Global ETFs Holdings
Hong Kong
$241K +$227K +9,762 New
CC
97
Centiva Capital
New York
$226K +$213K +9,164 New
TC
98
TownSquare Capital
Utah
$225K +$212K +9,128 New
Janus Henderson Group
99
Janus Henderson Group
United Kingdom
$221K -$1.72K -74 -0.8%
CF
100
Corebridge Financial
Texas
$215K +$202K +8,708 New

CVLG Hedge Fund Activity: Q2 2024 in Review

154 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Covenant Logistics (CVLG) for Q2 2024, worth a combined $336M — up 2.5% from $328M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new CVLG positions and 24 closed out — a net gain of 5 holders — while 45 added to existing stakes and 54 trimmed.

The largest buyer was Foundry Partners, adding an estimated $4.79M. The largest seller was LSV Asset Management, cutting an estimated $9.78M.

  • 154 institutional investors held Covenant Logistics (CVLG) as of Q2 2024, up from 151 in Q1 2024.
  • Funds reported $336M of Covenant Logistics stock for Q2 2024, up 2.5% quarter-over-quarter.
  • 29 funds opened new Covenant Logistics positions in Q2 2024 and 24 closed out, a net change of +5 holders.
  • The largest Covenant Logistics buyer in Q2 2024 was Foundry Partners, an estimated $4.79M added.
  • The largest Covenant Logistics seller in Q2 2024 was LSV Asset Management, an estimated $9.78M sold.

Based on aggregated 13F filings for Q2 2024.