Covenant Logistics
CVLG
112 hedge funds and large institutions have $218M invested in Covenant Logistics in 2022 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 32 increasing their positions, 30 reducing their positions, and 6 closing their positions.
417% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 6
50% more call options, than puts
Call options by funds: $1.2M | Put options by funds: $804K
27% more funds holding
Funds holding: 88 → 112 (+24)
18% more capital invested
Capital invested by funds: $184M → $218M (+$33.6M)
14.58% more ownership
Funds ownership: 110.99% → 125.57% (+15%)
7% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 30
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EI
EAM Investors
Solana Beach,
California
|
+$2.63M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$2.35M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.11M |
| 4 |
EGI
EAM Global Investors
Solana Beach,
California
|
+$1.56M |
| 5 |
Renaissance Technologies
New York
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$3.13M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$2.69M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.99M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$1.68M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$674K |
CVLG Hedge Fund Activity: Q3 2022 in Review
112 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Covenant Logistics (CVLG) for Q3 2022, worth a combined $218M — up 18% from $184M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new CVLG positions and 6 closed out — a net gain of 25 holders — while 32 added to existing stakes and 30 trimmed.
The largest buyer was EAM Investors, opening a new position worth an estimated $2.63M. The largest seller was BlackRock, cutting an estimated $3.13M.
- 112 institutional investors held Covenant Logistics (CVLG) as of Q3 2022, up from 88 in Q2 2022.
- Funds reported $218M of Covenant Logistics stock for Q3 2022, up 18% quarter-over-quarter.
- 31 funds opened new Covenant Logistics positions in Q3 2022 and 6 closed out, a net change of +25 holders.
- The largest Covenant Logistics buyer in Q3 2022 was EAM Investors, an estimated $2.63M added.
- The largest Covenant Logistics seller in Q3 2022 was BlackRock, an estimated $3.13M sold.
Based on aggregated 13F filings for Q3 2022.