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CVSA

Covista Inc

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.

New
Increased
Maintained
Reduced
Closed

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: 57 (+2)

36% more capital invested

Capital invested by funds: $1.7B → $2.32B (+$617M)

17% more funds holding

Funds holding: 209245 (+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

Holders
245
Holders Change
+36
Holders Change %
+17.22%
% of All Funds
3.57%
Holding in Top 10
7
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+40%
% of All Funds
0.1%
New
50
Increased
63
Reduced
101
Closed
12
Calls
$10.1M
Puts
$27.6M
Net Calls
-$17.4M
Net Calls Change
-$8.43M
Name Holding Trade Value Shares
Change
Change in
Stake
CIM
26
Cambria Investment Management
California
$13.9M +$1.68M +31,478 +15%
BA
27
Bridgewater Associates
Connecticut
$13.4M +$6.73M +126,114 +125%
Principal Financial Group
28
Principal Financial Group
Iowa
$12.6M -$816K -15,299 -7%
Millennium Management
29
Millennium Management
New York
$12.4M +$575K +10,781 +5%
D.E. Shaw & Co
30
D.E. Shaw & Co
New York
$12.1M +$2.87M +53,871 +35%
Allianz Asset Management
31
Allianz Asset Management
Germany
$11M +$500K +9,373 +5%
WCM
32
Wedge Capital Management
North Carolina
$10.9M -$3.73M -69,829 -27%
PCM
33
Peregrine Capital Management
Minnesota
$10.3M -$6.88M -128,925 -42%
Citadel Advisors
34
Citadel Advisors
Florida
$10.2M +$1.81M +33,946 +24%
Norges Bank
35
Norges Bank
Norway
$9.66M -$4.29M -80,498 -33%
Bank of America
36
Bank of America
North Carolina
$9.54M +$3.3M +61,791 +62%
Qube Research & Technologies (QRT)
37
Qube Research & Technologies (QRT)
United Kingdom
$8.9M +$6.7M +125,536 +493%
Ameriprise
38
Ameriprise
Minnesota
$8.76M -$686K -12,862 -8%
DCM
39
Driehaus Capital Management
Illinois
$8.69M +$7.86M +147,377 New
KIM
40
Kestrel Investment Management
California
$8.08M -$1.42M -26,600 -16%
RhumbLine Advisers
41
RhumbLine Advisers
Massachusetts
$7.7M -$508K -9,515 -7%
WAM
42
Westport Asset Management
Connecticut
$7.41M
PFC
43
Phocas Financial Corp
California
$7.3M +$6.61M +123,917 New
N
44
Nuveen
North Carolina
$7.04M -$188K -3,518 -3%
Legal & General Group
45
Legal & General Group
United Kingdom
$6.81M -$317K -5,949 -5%
Corient Private Wealth
46
Corient Private Wealth
Florida
$5.94M +$39.5K +740 +0.7%
HF
47
HRT Financial
New York
$5.86M +$1.88M +35,163 +55%
SEI Investments
48
SEI Investments
Pennsylvania
$5.83M -$418K -7,830 -7%
Comerica Bank
49
Comerica Bank
Texas
$5.77M -$1.31M -24,526 -20%
AIS
50
AM Investment Strategies
Tennessee
$5.53M -$53.8K -1,009 -1%

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.