Covenant Logistics
CVLG
84 hedge funds and large institutions have $178M invested in Covenant Logistics in 2021 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 35 increasing their positions, 30 reducing their positions, and 11 closing their positions.
35% more capital invested
Capital invested by funds: $131M → $178M (+$46.6M)
17% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 30
0.23% less ownership
Funds ownership: 119.93% → 119.7% (-0.23%)
3% less funds holding
Funds holding: 87 → 84 (-3)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$9.66M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$3.49M |
| 3 |
BlackRock
New York
|
+$1.06M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$879K |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$837K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$4.11M |
| 2 |
TCM
Tygh Capital Management
Portland,
Oregon
|
-$3.24M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$3.13M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.4M |
| 5 |
Millennium Management
New York
|
-$2.16M |
CVLG Hedge Fund Activity: Q1 2021 in Review
84 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Covenant Logistics (CVLG) for Q1 2021, worth a combined $178M — up 35% from $131M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of CVLG and 8 opened new positions — a net loss of 3 holders — while 30 trimmed existing stakes and 35 added.
The largest buyer was Russell Investments Group, adding an estimated $9.66M. The largest seller was Monarch Partners Asset Management, exiting entirely with an estimated $4.11M sold.
- 84 institutional investors held Covenant Logistics (CVLG) as of Q1 2021, down from 87 in Q4 2020.
- Funds reported $178M of Covenant Logistics stock for Q1 2021, up 35% quarter-over-quarter.
- 8 funds opened new Covenant Logistics positions in Q1 2021 and 11 closed out, a net change of -3 holders.
- The largest Covenant Logistics buyer in Q1 2021 was Russell Investments Group, an estimated $9.66M added.
- The largest Covenant Logistics seller in Q1 2021 was Monarch Partners Asset Management, an estimated $4.11M sold.
Based on aggregated 13F filings for Q1 2021.