Covenant Logistics
CVLG
112 hedge funds and large institutions have $230M invested in Covenant Logistics in 2021 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 36 increasing their positions, 37 reducing their positions, and 14 closing their positions.
43% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 14
6% more funds holding
Funds holding: 106 → 112 (+6)
2.04% more ownership
Funds ownership: 119.1% → 121.14% (+2%)
1% more call options, than puts
Call options by funds: $784K | Put options by funds: $774K
3% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 37
3% less capital invested
Capital invested by funds: $238M → $230M (-$7.77M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$4.91M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$4.51M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$3.42M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$3.01M |
| 5 |
SAM
Scopus Asset Management
New York
|
+$1.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$10.9M |
| 2 |
Morgan Stanley
New York
|
-$2.38M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$2.2M |
| 4 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$2.14M |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$1.66M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$27 | +2 | New |
|
CVLG Hedge Fund Activity: Q4 2021 in Review
112 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Covenant Logistics (CVLG) for Q4 2021, worth a combined $230M — down 3.3% from $238M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new CVLG positions and 14 closed out — a net gain of 6 holders — while 36 added to existing stakes and 37 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $4.91M. The largest seller was Russell Investments Group, cutting an estimated $10.9M.
- 112 institutional investors held Covenant Logistics (CVLG) as of Q4 2021, up from 106 in Q3 2021.
- Funds reported $230M of Covenant Logistics stock for Q4 2021, down 3.3% quarter-over-quarter.
- 20 funds opened new Covenant Logistics positions in Q4 2021 and 14 closed out, a net change of +6 holders.
- The largest Covenant Logistics buyer in Q4 2021 was Acadian Asset Management, an estimated $4.91M added.
- The largest Covenant Logistics seller in Q4 2021 was Russell Investments Group, an estimated $10.9M sold.
Based on aggregated 13F filings for Q4 2021.