Covenant Logistics
CVLG
88 hedge funds and large institutions have $184M invested in Covenant Logistics in 2022 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 35 reducing their positions, and 20 closing their positions.
198% more call options, than puts
Call options by funds: $723K | Put options by funds: $243K
9% more capital invested
Capital invested by funds: $170M → $184M (+$14.7M)
1.24% more ownership
Funds ownership: 109.75% → 110.99% (+1.2%)
9% less funds holding
Funds holding: 97 → 88 (-9)
26% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 35
40% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 20
Top Buyers
| 1 |
Invesco
Atlanta,
Georgia
|
+$1.58M |
| 2 |
PAMG
Patton Albertson Miller Group
Chattanooga,
Tennessee
|
+$1.44M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$827K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$796K |
| 5 |
Morgan Stanley
New York
|
+$736K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
101
Denali Advisors
San Diego,
California
| – | -$52K | -4,800 | Closed |
|
102
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$32K | -3,000 | Closed |
|
103
Simplex Trading
Chicago,
Illinois
| – | -$23.2K | -2,158 | Closed |
|
104
Koshinski Asset Management
Decatur,
Illinois
| – | -$6.03K | -560 | Closed |
|
|
HR
105
Howe & Rusling
Rochester,
New York
| – | -$2K | -200 | Closed |
|
|
CS
106
Credit Suisse
Zurich,
Switzerland
| – | +$236 | +22 | New |
|
CVLG Hedge Fund Activity: Q2 2022 in Review
88 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Covenant Logistics (CVLG) for Q2 2022, worth a combined $184M — up 8.6% from $170M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of CVLG and 12 opened new positions — a net loss of 8 holders — while 35 trimmed existing stakes and 26 added.
The largest buyer was Invesco, adding an estimated $1.58M. The largest seller was Heartland Advisors, exiting entirely with an estimated $7M sold.
- 88 institutional investors held Covenant Logistics (CVLG) as of Q2 2022, down from 97 in Q1 2022.
- Funds reported $184M of Covenant Logistics stock for Q2 2022, up 8.6% quarter-over-quarter.
- 12 funds opened new Covenant Logistics positions in Q2 2022 and 20 closed out, a net change of -8 holders.
- The largest Covenant Logistics buyer in Q2 2022 was Invesco, an estimated $1.58M added.
- The largest Covenant Logistics seller in Q2 2022 was Heartland Advisors, an estimated $7M sold.
Based on aggregated 13F filings for Q2 2022.