We are live on ! Find out more
CVLG icon

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.

New
Increased
Maintained
Reduced
Closed

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)

Holders
112
Holders Change
+6
Holders Change %
+5.66%
% of All Funds
1.72%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
20
Increased
36
Reduced
37
Closed
14
Calls
$784K
Puts
$774K
Net Calls
+$10K
Net Calls Change
-$312K

Top Buyers

1
Acadian Asset Management
Acadian Asset Management
Massachusetts
+$4.91M
2
LSV Asset Management
LSV Asset Management
Illinois
+$4.51M
3
Jacobs Levy Equity Management
Jacobs Levy Equity Management
New Jersey
+$3.42M
4
Assenagon Asset Management
Assenagon Asset Management
Luxembourg
+$3.01M
5
SAM
Scopus Asset Management
New York
+$1.95M

Top Sellers

1
Russell Investments Group
Russell Investments Group
United Kingdom
-$10.9M
2
Morgan Stanley
Morgan Stanley
New York
-$2.38M
3
EI
EAM Investors
California
-$2.2M
4
EGI
EAM Global Investors
California
-$2.14M
5
FP
Foundry Partners
Minnesota
-$1.66M
Name Holding Trade Value Shares
Change 		Change in
Stake
BlackRock
1
BlackRock
New York
$37.9M -$1.04M -75,736 -3%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$29.8M -$1.05M -76,256 -3%
Vanguard Group
3
Vanguard Group
Pennsylvania
$14.5M -$656K -47,696 -4%
LSV Asset Management
4
LSV Asset Management
Illinois
$10.4M +$4.51M +328,400 +71%
HA
5
Heartland Advisors
Wisconsin
$9.77M +$121K +8,800 +1%
Jacobs Levy Equity Management
6
Jacobs Levy Equity Management
New Jersey
$7.39M +$3.42M +248,584 +80%
Millennium Management
7
Millennium Management
New York
$7.38M +$1.48M +107,440 +24%
Acadian Asset Management
8
Acadian Asset Management
Massachusetts
$6.9M +$4.91M +357,384 +217%
State Street
9
State Street
Massachusetts
$6.14M +$642K +46,700 +11%
FP
10
Foundry Partners
Minnesota
$5.95M -$1.66M -120,810 -21%
FHA
11
First Horizon Advisors
Tennessee
$5.36M +$55K +4,000 +1%
HIM
12
Hillsdale Investment Management
Ontario, Canada
$5.3M +$124K +9,000 +2%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$5.27M -$32.5K -2,368 -0.6%
Arrowstreet Capital
14
Arrowstreet Capital
Massachusetts
$4.27M +$1.46M +105,986 +49%
PAMG
15
Patton Albertson Miller Group
Tennessee
$3.31M +$1.31M +95,420 +61%
BCM
16
Bridgeway Capital Management
Texas
$3.29M -$151K -11,000 -4%
Northern Trust
17
Northern Trust
Illinois
$3.18M +$101K +7,334 +3%
Prudential Financial
18
Prudential Financial
New Jersey
$3.06M -$749K -54,532 -19%
Assenagon Asset Management
19
Assenagon Asset Management
Luxembourg
$2.9M +$3.01M +219,332 New
Russell Investments Group
20
Russell Investments Group
United Kingdom
$2.63M -$10.9M -796,328 -80%
JP Morgan Chase
21
JP Morgan Chase
New York
$2.36M +$1.11M +80,858 +82%
AQR Capital Management
22
AQR Capital Management
Connecticut
$2.31M +$1.04M +75,528 +76%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$2.29M +$493K +35,872 +26%
Renaissance Technologies
24
Renaissance Technologies
New York
$1.93M +$489K +35,600 +32%
SAM
25
Scopus Asset Management
New York
$1.88M +$1.95M +141,974 New
1
2 3 4 5

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.