Covista Inc
CVSA
245 hedge funds and large institutions have $2.32B invested in Covista Inc in 2023 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 63 increasing their positions, 101 reducing their positions, and 12 closing their positions.
317% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 12
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
36% more capital invested
Capital invested by funds: $1.7B → $2.32B (+$617M)
17% more funds holding
Funds holding: 209 → 245 (+36)
1.82% more ownership
Funds ownership: 96.88% → 98.7% (+1.8%)
38% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 101
63% less call options, than puts
Call options by funds: $10.1M | Put options by funds: $27.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$52.3M |
| 2 |
Morgan Stanley
New York
|
+$26M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
+$16.6M |
| 4 |
JP Morgan Chase
New York
|
+$14.9M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$14.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$39.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$37.8M |
| 3 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$35.4M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$24.1M |
| 5 |
AI
Ariel Investments
Chicago,
Illinois
|
-$23.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IEFM
251
IQ EQ Fund Management
Dublin 2,
Ireland
| – | -$424K | -9,889 | Closed |
|
252
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$303K | -7,062 | Closed |
|
|
TCM
253
Teza Capital Management
Chicago,
Illinois
| – | -$232K | -5,409 | Closed |
|
|
AI
254
AXS Investments
Port Chester,
New York
| – | -$204K | -4,760 | Closed |
|
|
QL
255
Quarry LP
New York
| – | -$27.9K | -651 | Closed |
|
256
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
| – | -$11K | -256 | Closed |
|
|
GWS
257
Glassman Wealth Services
Vienna,
Virginia
| – | -$257 | -6 | Closed |
|
CVSA Hedge Fund Activity: Q4 2023 in Review
245 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Covista Inc (CVSA) for Q4 2023, worth a combined $2.32B — up 36% from $1.7B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new CVSA positions and 12 closed out — a net gain of 38 holders — while 63 added to existing stakes and 101 trimmed.
The largest buyer was Capital World Investors, opening a new position worth an estimated $52.3M. The largest seller was AllianceBernstein, cutting an estimated $39.1M.
- 245 institutional investors held Covista Inc (CVSA) as of Q4 2023, up from 209 in Q3 2023.
- Funds reported $2.32B of Covista Inc stock for Q4 2023, up 36% quarter-over-quarter.
- 50 funds opened new Covista Inc positions in Q4 2023 and 12 closed out, a net change of +38 holders.
- The largest Covista Inc buyer in Q4 2023 was Capital World Investors, an estimated $52.3M added.
- The largest Covista Inc seller in Q4 2023 was AllianceBernstein, an estimated $39.1M sold.
Based on aggregated 13F filings for Q4 2023.