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CVSA

Covista Inc

155 hedge funds and large institutions have $1.39B invested in Covista Inc in 2020 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 48 increasing their positions, 65 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more funds holding in top 10

Funds holding in top 10: 58 (+3)

0.23% more ownership

Funds ownership: 97.55%97.78% (+0.23%)

20% less funds holding

Funds holding: 193155 (-38)

25% less capital invested

Capital invested by funds: $1.84B → $1.39B (-$456M)

26% less repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 65

71% less call options, than puts

Call options by funds: $3.34M | Put options by funds: $11.4M

72% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 50

Holders
155
Holders Change
-38
Holders Change %
-19.69%
% of All Funds
3.42%
Holding in Top 10
8
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+60%
% of All Funds
0.18%
New
14
Increased
48
Reduced
65
Closed
50
Calls
$3.34M
Puts
$11.4M
Net Calls
-$8.09M
Net Calls Change
-$12M
Name Holding Trade Value Shares
Change
Change in
Stake
Federated Hermes
101
Federated Hermes
Pennsylvania
$409K -$57.6K -1,809 -11%
Victory Capital Management
102
Victory Capital Management
Texas
$408K +$198K +6,214 +69%
SOMRS
103
State of Michigan Retirement System
Michigan
$402K -$28.7K -900 -6%
UOC
104
University of Chicago
Illinois
$401K -$38.2K -1,199 -7%
Holocene Advisors
105
Holocene Advisors
New York
$399K -$1.58M -49,468 -77%
Thrivent Financial for Lutherans
106
Thrivent Financial for Lutherans
Minnesota
$378K
QIM
107
Quantitative Investment Management
Virginia
$367K +$437K +13,727 New
HSBC Holdings
108
HSBC Holdings
United Kingdom
$361K -$75.8K -2,379 -15%
LSERS
109
Louisiana State Employees Retirement System
Louisiana
$351K
NMERB
110
New Mexico Educational Retirement Board
New Mexico
$346K +$92.4K +2,900 +29%
PNC Financial Services Group
111
PNC Financial Services Group
Pennsylvania
$344K +$955 +30 +0.2%
ASRS
112
Arizona State Retirement System
Arizona
$340K -$571K -17,943 -59%
COPPSERS
113
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$340K +$101K +3,179 +33%
VPIM
114
Vanguard Personalized Indexing Management
California
$304K +$361K +11,340 New
XK
115
Xact Kapitalforvaltning
Sweden
$284K
Public Employees Retirement Association of Colorado
116
Public Employees Retirement Association of Colorado
Colorado
$279K
MERSOM
117
Municipal Employees' Retirement System of Michigan
Michigan
$271K
BNP Paribas Financial Markets
118
BNP Paribas Financial Markets
France
$255K -$293K -9,209 -49%
M&T Bank
119
M&T Bank
New York
$252K
SOADOR
120
State of Alaska Department of Revenue
Alaska
$249K +$13.9K +436 +5%
AB
121
Amalgamated Bank
New York
$235K -$12.4K -388 -4%
II
122
Inspire Investing
Idaho
$231K +$275K +8,626 New
OA
123
Oak Associates
Ohio
$212K -$3.98K -125 -2%
FMT
124
First Mercantile Trust
Tennessee
$208K +$109K +3,415 +79%
ACM
125
AlphaCrest Capital Management
New York
$206K -$704K -22,107 -74%

CVSA Hedge Fund Activity: Q1 2020 in Review

155 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Covista Inc (CVSA) for Q1 2020, worth a combined $1.39B — down 25% from $1.84B a quarter earlier.

Sellers outnumbered buyers: 50 funds closed out of CVSA and 14 opened new positions — a net loss of 36 holders — while 65 trimmed existing stakes and 48 added.

The largest buyer was International Value Advisers, adding an estimated $71.2M. The largest seller was Newtyn Management, exiting entirely with an estimated $21.9M sold.

  • 155 institutional investors held Covista Inc (CVSA) as of Q1 2020, down from 193 in Q4 2019.
  • Funds reported $1.39B of Covista Inc stock for Q1 2020, down 25% quarter-over-quarter.
  • 14 funds opened new Covista Inc positions in Q1 2020 and 50 closed out, a net change of -36 holders.
  • The largest Covista Inc buyer in Q1 2020 was International Value Advisers, an estimated $71.2M added.
  • The largest Covista Inc seller in Q1 2020 was Newtyn Management, an estimated $21.9M sold.

Based on aggregated 13F filings for Q1 2020.