Covista Inc
CVSA
201 hedge funds and large institutions have $1.17B invested in Covista Inc in 2016 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 81 increasing their positions, 54 reducing their positions, and 20 closing their positions.
125% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 20
50% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 54
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
13% more funds holding
Funds holding: 178 → 201 (+23)
3% more capital invested
Capital invested by funds: $1.14B → $1.17B (+$30.2M)
0.55% less ownership
Funds ownership: 104.69% → 104.15% (-0.55%)
62% less call options, than puts
Call options by funds: $5.28M | Put options by funds: $14M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FC
Fairpointe Capital
Chicago,
Illinois
|
+$26.8M |
| 2 |
NM
Newtyn Management
New York
|
+$24.3M |
| 3 |
AI
Ariel Investments
Chicago,
Illinois
|
+$13.2M |
| 4 |
JP Morgan Chase
New York
|
+$9.73M |
| 5 |
GAM
Gotham Asset Management
New York
|
+$9.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$71.6M |
| 2 |
Citigroup
New York
|
-$67M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$18.2M |
| 4 |
IVA
International Value Advisers
|
-$5.61M |
| 5 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$5.5M |
CVSA Hedge Fund Activity: Q2 2016 in Review
201 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Covista Inc (CVSA) for Q2 2016, worth a combined $1.17B — up 2.7% from $1.14B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new CVSA positions and 20 closed out — a net gain of 25 holders — while 81 added to existing stakes and 54 trimmed.
The largest buyer was Fairpointe Capital, adding an estimated $26.8M. The largest seller was Invesco, cutting an estimated $71.6M.
- 201 institutional investors held Covista Inc (CVSA) as of Q2 2016, up from 178 in Q1 2016.
- Funds reported $1.17B of Covista Inc stock for Q2 2016, up 2.7% quarter-over-quarter.
- 45 funds opened new Covista Inc positions in Q2 2016 and 20 closed out, a net change of +25 holders.
- The largest Covista Inc buyer in Q2 2016 was Fairpointe Capital, an estimated $26.8M added.
- The largest Covista Inc seller in Q2 2016 was Invesco, an estimated $71.6M sold.
Based on aggregated 13F filings for Q2 2016.