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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
Principal Financial Group
101
Principal Financial Group
Iowa
$212K +$200K +8,594 New
YIH
102
Y-Intercept (HK)
Hong Kong
$209K -$326K -14,028 -62%
PAG
103
Private Advisor Group
New Jersey
$204K +$192K +8,262 New
Deutsche Bank
104
Deutsche Bank
Germany
$198K -$2.04M -87,836 -92%
Allspring Global Investments
105
Allspring Global Investments
North Carolina
$195K -$9.15K -394 -5%
Lazard Asset Management
106
Lazard Asset Management
New York
$190K +$38.4K +1,654 +27%
Wells Fargo
107
Wells Fargo
California
$186K +$13.4K +576 +8%
New York State Common Retirement Fund
108
New York State Common Retirement Fund
New York
$181K
SG Americas Securities
109
SG Americas Securities
New York
$176K +$166K +7,132 New
ACM
110
Aquatic Capital Management
Illinois
$168K +$111K +4,800 +240%
ECM
111
EMC Capital Management
Texas
$159K
Citigroup
112
Citigroup
New York
$109K +$18.6K +802 +22%
DekaBank Deutsche Girozentrale
113
DekaBank Deutsche Girozentrale
Germany
$103K
TRCT
114
Tower Research Capital (TRC)
New York
$98K +$14.3K +616 +18%
A
115
AlphaQuest
New York
$97.5K +$58.1K +2,502 +172%
Zurich Cantonal Bank
116
Zurich Cantonal Bank
Switzerland
$90.7K
Group One Trading
117
Group One Trading
Illinois
$72.3K +$68.1K +2,934 New
Fidelity Investments
118
Fidelity Investments
Massachusetts
$64.6K -$84.7K -3,648 -58%
PD
119
Point72 (DIFC)
United Arab Emirates
$38.7K -$557 -24 -2%
AIP
120
Ameritas Investment Partners
Nebraska
$34.7K
PWMG
121
Prestige Wealth Management Group
New Jersey
$34.5K
Osaic Holdings
122
Osaic Holdings
Arizona
$30.4K +$15.7K +676 +121%
IC
123
Innealta Capital
Texas
$27.2K +$25.6K +1,104 New
Carson Wealth (CWM LLC)
124
Carson Wealth (CWM LLC)
Nebraska
$26K +$23.9K +1,028 +2,336%
Canada Life
125
Canada Life
Manitoba, Canada
$22K

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.