Covenant Logistics
CVLG
162 hedge funds and large institutions have $361M invested in Covenant Logistics in 2024 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 47 increasing their positions, 54 reducing their positions, and 14 closing their positions.
57% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 14
8% more capital invested
Capital invested by funds: $336M → $361M (+$25.6M)
5% more funds holding
Funds holding: 154 → 162 (+8)
0.19% more ownership
Funds ownership: 126.61% → 126.8% (+0.19%)
13% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 54
43% less call options, than puts
Call options by funds: $1.21M | Put options by funds: $2.12M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$3.36M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$3.04M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.32M |
| 4 |
BlackRock
New York
|
+$2.17M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$6.19M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.13M |
| 3 |
Millennium Management
New York
|
-$2.3M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.91M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.8M |
CVLG Hedge Fund Activity: Q3 2024 in Review
162 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Covenant Logistics (CVLG) for Q3 2024, worth a combined $361M — up 7.6% from $336M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new CVLG positions and 14 closed out — a net gain of 8 holders — while 47 added to existing stakes and 54 trimmed.
The largest buyer was Franklin Resources, adding an estimated $3.36M. The largest seller was LSV Asset Management, cutting an estimated $6.19M.
- 162 institutional investors held Covenant Logistics (CVLG) as of Q3 2024, up from 154 in Q2 2024.
- Funds reported $361M of Covenant Logistics stock for Q3 2024, up 7.6% quarter-over-quarter.
- 22 funds opened new Covenant Logistics positions in Q3 2024 and 14 closed out, a net change of +8 holders.
- The largest Covenant Logistics buyer in Q3 2024 was Franklin Resources, an estimated $3.36M added.
- The largest Covenant Logistics seller in Q3 2024 was LSV Asset Management, an estimated $6.19M sold.
Based on aggregated 13F filings for Q3 2024.