Covista Inc
CVSA
209 hedge funds and large institutions have $2.75B invested in Covista Inc in 2018 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 81 increasing their positions, 76 reducing their positions, and 24 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 76
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
2% less capital invested
Capital invested by funds: $2.8B → $2.75B (-$54.1M)
2.89% less ownership
Funds ownership: 97.8% → 94.91% (-2.9%)
4% less funds holding
Funds holding: 217 → 209 (-8)
25% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 24
56% less call options, than puts
Call options by funds: $6.43M | Put options by funds: $14.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$27.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.6M |
| 3 |
Goldman Sachs
New York
|
+$14.3M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$14.1M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$62.6M |
| 2 |
FC
Fairpointe Capital
Chicago,
Illinois
|
-$60.3M |
| 3 |
NM
Newtyn Management
New York
|
-$17.9M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$17.6M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$9.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IR
226
Invictus RG
Hamilton,
Bermuda
| – | -$271K | -5,700 | Closed |
|
|
BCM
227
Bayesian Capital Management
Brooklyn,
New York
| – | -$268K | -5,633 | Closed |
|
228
Acadian Asset Management
Boston,
Massachusetts
| – | -$181K | -3,805 | Closed |
|
229
First Manhattan
New York
| – | -$71K | -1,500 | Closed |
|
|
FC
230
Ferris Capital
Marlborough,
Massachusetts
| – | -$48K | -1,006 | Closed |
|
|
AIL
231
AGF Investments LLC
Toronto,
Ontario, Canada
| – | -$44K | -916 | Closed |
|
|
MAM
232
Meeder Asset Management
Dublin,
Ohio
| – | -$14K | -291 | Closed |
|
|
IWM
233
IHT Wealth Management
Chicago,
Illinois
| – | -$3K | -63 | Closed |
|
CVSA Hedge Fund Activity: Q2 2018 in Review
209 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Covista Inc (CVSA) for Q2 2018, worth a combined $2.75B — down 1.9% from $2.8B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of CVSA and 18 opened new positions — a net loss of 6 holders — while 76 trimmed existing stakes and 81 added.
The largest buyer was Bank of New York Mellon, adding an estimated $27.5M. The largest seller was Fidelity Investments, cutting an estimated $62.6M.
- 209 institutional investors held Covista Inc (CVSA) as of Q2 2018, down from 217 in Q1 2018.
- Funds reported $2.75B of Covista Inc stock for Q2 2018, down 1.9% quarter-over-quarter.
- 18 funds opened new Covista Inc positions in Q2 2018 and 24 closed out, a net change of -6 holders.
- The largest Covista Inc buyer in Q2 2018 was Bank of New York Mellon, an estimated $27.5M added.
- The largest Covista Inc seller in Q2 2018 was Fidelity Investments, an estimated $62.6M sold.
Based on aggregated 13F filings for Q2 2018.