Covenant Logistics
CVLG
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.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
21% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 24
2% more funds holding
Funds holding: 151 → 154 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$4.79M |
| 2 |
RA
Royce & Associates
New York
|
+$3.67M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$2.92M |
| 4 |
Credit Agricole
Montrouge Cedex,
France
|
+$1.92M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$9.78M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.52M |
| 3 |
Millennium Management
New York
|
-$3.01M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.04M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$1.76M |
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.