Covista Inc
CVSA
258 hedge funds and large institutions have $2.6B invested in Covista Inc in 2024 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 75 increasing their positions, 89 reducing their positions, and 33 closing their positions.
52% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 33
35% more capital invested
Capital invested by funds: $1.93B → $2.6B (+$674M)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
17% more call options, than puts
Call options by funds: $11.4M | Put options by funds: $9.73M
6% more funds holding
Funds holding: 244 → 258 (+14)
5.7% more ownership
Funds ownership: 96.18% → 101.88% (+5.7%)
16% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 89
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$78M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$36.3M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$27.7M |
| 4 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$17.7M |
| 5 |
NPIC
Neumeier Poma Investment Counsel
Carmel,
California
|
+$7.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$28.2M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$19.8M |
| 3 |
BlackRock
New York
|
-$17.8M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$16.1M |
| 5 |
AI
Ariel Investments
Chicago,
Illinois
|
-$8.07M |
CVSA Hedge Fund Activity: Q2 2024 in Review
258 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Covista Inc (CVSA) for Q2 2024, worth a combined $2.6B — up 35% from $1.93B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new CVSA positions and 33 closed out — a net gain of 17 holders — while 75 added to existing stakes and 89 trimmed.
The largest buyer was Pacer Advisors, adding an estimated $78M. The largest seller was Fidelity Investments, cutting an estimated $28.2M.
- 258 institutional investors held Covista Inc (CVSA) as of Q2 2024, up from 244 in Q1 2024.
- Funds reported $2.6B of Covista Inc stock for Q2 2024, up 35% quarter-over-quarter.
- 50 funds opened new Covista Inc positions in Q2 2024 and 33 closed out, a net change of +17 holders.
- The largest Covista Inc buyer in Q2 2024 was Pacer Advisors, an estimated $78M added.
- The largest Covista Inc seller in Q2 2024 was Fidelity Investments, an estimated $28.2M sold.
Based on aggregated 13F filings for Q2 2024.