Covenant Logistics
CVLG
172 hedge funds and large institutions have $390M invested in Covenant Logistics in 2026 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 59 increasing their positions, 51 reducing their positions, and 15 closing their positions.
100% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 15
31% more capital invested
Capital invested by funds: $298M → $390M (+$92.1M)
16% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 51
14% more call options, than puts
Call options by funds: $1.89M | Put options by funds: $1.66M
6% more funds holding
Funds holding: 162 → 172 (+10)
4.05% more ownership
Funds ownership: 66.58% → 70.64% (+4.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$9.49M |
| 2 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$7.92M |
| 3 |
First Eagle Investment Management
New York
|
+$6.67M |
| 4 |
CM
CastleKnight Management
New York
|
+$3.84M |
| 5 |
4A
4D Advisors
Redondo Beach,
California
|
+$3.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Scopus Asset Management
New York
|
-$5.18M |
| 2 |
BlackRock
New York
|
-$2.68M |
| 3 |
Morgan Stanley
New York
|
-$2.12M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$1.56M |
| 5 |
Jane Street
New York
|
-$1.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Two Sigma Advisers
New York
| – | -$1.08M | -48,800 | Closed |
|
177
Renaissance Technologies
New York
| – | -$943K | -42,800 | Closed |
|
|
ECM
178
ExodusPoint Capital Management
New York
| – | -$521K | -23,645 | Closed |
|
179
Allianz Asset Management
Munich,
Germany
| – | -$498K | -22,601 | Closed |
|
|
A
180
AlphaQuest
New York
| – | -$377K | -17,127 | Closed |
|
|
CCIA
181
Campbell & Co Investment Adviser
Baltimore,
Maryland
| – | -$323K | -14,662 | Closed |
|
|
MGP
182
Metis Global Partners
San Diego,
California
| – | -$245K | -11,102 | Closed |
|
183
Man Group
London,
United Kingdom
| – | -$238K | -10,780 | Closed |
|
|
MP
184
Mangrove Partners
Greenwich,
Connecticut
| – | -$225K | -10,190 | Closed |
|
185
Balyasny Asset Management
Chicago,
Illinois
| – | -$206K | -9,331 | Closed |
|
|
AB
186
Amalgamated Bank
New York
| – | -$11K | -478 | Closed |
|
|
ETC
187
Exchange Traded Concepts
Oklahoma City,
Oklahoma
| – | -$617 | -28 | Closed |
|
CVLG Hedge Fund Activity: Q1 2026 in Review
172 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Covenant Logistics (CVLG) for Q1 2026, worth a combined $390M — up 31% from $298M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new CVLG positions and 15 closed out — a net gain of 15 holders — while 59 added to existing stakes and 51 trimmed.
The largest buyer was T. Rowe Price Investment Management, adding an estimated $9.49M. The largest seller was Scopus Asset Management, exiting entirely with an estimated $5.18M sold.
- 172 institutional investors held Covenant Logistics (CVLG) as of Q1 2026, up from 162 in Q4 2025.
- Funds reported $390M of Covenant Logistics stock for Q1 2026, up 31% quarter-over-quarter.
- 30 funds opened new Covenant Logistics positions in Q1 2026 and 15 closed out, a net change of +15 holders.
- The largest Covenant Logistics buyer in Q1 2026 was T. Rowe Price Investment Management, an estimated $9.49M added.
- The largest Covenant Logistics seller in Q1 2026 was Scopus Asset Management, an estimated $5.18M sold.
Based on aggregated 13F filings for Q1 2026.