Covista Inc
CVSA
226 hedge funds and large institutions have $2.11B invested in Covista Inc in 2013 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 71 increasing their positions, 81 reducing their positions, and 21 closing their positions.
95% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 21
13% more capital invested
Capital invested by funds: $1.87B → $2.11B (+$243M)
10% more funds holding
Funds holding: 206 → 226 (+20)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
3.04% less ownership
Funds ownership: 97.02% → 93.98% (-3%)
12% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 81
70% less call options, than puts
Call options by funds: $3.4M | Put options by funds: $11.3M
Top Buyers
| 1 |
IVA
International Value Advisers
|
+$69.6M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$22M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$14M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$13.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$13.5M |
Top Sellers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$43.1M |
| 2 |
KIM
Kestrel Investment Management
San Mateo,
California
|
-$33.3M |
| 3 |
BAMCO Inc
New York
|
-$30.6M |
| 4 |
FC
Fairpointe Capital
Chicago,
Illinois
|
-$26.4M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$22.1M |
CVSA Hedge Fund Activity: Q4 2013 in Review
226 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Covista Inc (CVSA) for Q4 2013, worth a combined $2.11B — up 13% from $1.87B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new CVSA positions and 21 closed out — a net gain of 20 holders — while 71 added to existing stakes and 81 trimmed.
The largest buyer was International Value Advisers, adding an estimated $69.6M. The largest seller was Fidelity Investments, cutting an estimated $43.1M.
- 226 institutional investors held Covista Inc (CVSA) as of Q4 2013, up from 206 in Q3 2013.
- Funds reported $2.11B of Covista Inc stock for Q4 2013, up 13% quarter-over-quarter.
- 41 funds opened new Covista Inc positions in Q4 2013 and 21 closed out, a net change of +20 holders.
- The largest Covista Inc buyer in Q4 2013 was International Value Advisers, an estimated $69.6M added.
- The largest Covista Inc seller in Q4 2013 was Fidelity Investments, an estimated $43.1M sold.
Based on aggregated 13F filings for Q4 2013.