Covenant Logistics
CVLG
106 hedge funds and large institutions have $238M invested in Covenant Logistics in 2021 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 27 increasing their positions, 33 reducing their positions, and 6 closing their positions.
433% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 6
142% more call options, than puts
Call options by funds: $548K | Put options by funds: $226K
36% more capital invested
Capital invested by funds: $174M → $238M (+$63.2M)
31% more funds holding
Funds holding: 81 → 106 (+25)
1.83% more ownership
Funds ownership: 117.27% → 119.1% (+1.8%)
18% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$4.39M |
| 2 |
Millennium Management
New York
|
+$4.15M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
+$2.68M |
| 4 |
PAMG
Patton Albertson Miller Group
Chattanooga,
Tennessee
|
+$1.74M |
| 5 |
EGI
EAM Global Investors
Solana Beach,
California
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$8.02M |
| 2 |
SAM
Scopus Asset Management
New York
|
-$3.26M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$2.71M |
| 4 |
SCM
Southport Capital Management
Chattanooga,
Tennessee
|
-$1.28M |
| 5 |
RA
Royce & Associates
New York
|
-$1.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QCG
101
Quadrant Capital Group
Cincinnati,
Ohio
| $7K | – | – | – |
|
102
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $4K | +$3.36K | +300 | New |
|
|
S
103
SignatureFD
Atlanta,
Georgia
| $4K | +$3.36K | +300 | New |
|
104
UBS Group
Zurich,
Switzerland
| $2K | – | – | – |
|
105
Rockefeller Capital Management
New York
| $2K | +$1.79K | +160 | New |
|
106
Simplex Trading
Chicago,
Illinois
| $2K | +$2.24K | +200 | +10,000% |
|
|
SAM
107
Scopus Asset Management
New York
| – | -$3.26M | -315,400 | Closed |
|
|
108
Assenagon Asset Management
Senningerberg,
Luxembourg
| – | -$2.71M | -262,102 | Closed |
|
|
RA
109
Royce & Associates
New York
| – | -$1.16M | -111,800 | Closed |
|
|
CAN
110
Claraphi Advisory Network
Aliso Viejo,
United States
| – | -$534K | -51,640 | Closed |
|
|
VF
111
Virtu Financial
New York
| – | -$249K | -24,128 | Closed |
|
|
GCP
112
GSA Capital Partners
London,
United Kingdom
| – | -$241K | -23,290 | Closed |
|
CVLG Hedge Fund Activity: Q3 2021 in Review
106 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Covenant Logistics (CVLG) for Q3 2021, worth a combined $238M — up 36% from $174M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new CVLG positions and 6 closed out — a net gain of 26 holders — while 27 added to existing stakes and 33 trimmed.
The largest buyer was Hillsdale Investment Management, opening a new position worth an estimated $4.39M. The largest seller was Russell Investments Group, cutting an estimated $8.02M.
- 106 institutional investors held Covenant Logistics (CVLG) as of Q3 2021, up from 81 in Q2 2021.
- Funds reported $238M of Covenant Logistics stock for Q3 2021, up 36% quarter-over-quarter.
- 32 funds opened new Covenant Logistics positions in Q3 2021 and 6 closed out, a net change of +26 holders.
- The largest Covenant Logistics buyer in Q3 2021 was Hillsdale Investment Management, an estimated $4.39M added.
- The largest Covenant Logistics seller in Q3 2021 was Russell Investments Group, an estimated $8.02M sold.
Based on aggregated 13F filings for Q3 2021.