Covista Inc
CVSA
173 hedge funds and large institutions have $1.79B invested in Covista Inc in 2015 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 58 increasing their positions, 74 reducing their positions, and 30 closing their positions.
3.85% more ownership
Funds ownership: 103.5% → 107.34% (+3.8%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
6% less funds holding
Funds holding: 184 → 173 (-11)
6% less capital invested
Capital invested by funds: $1.91B → $1.79B (-$121M)
22% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 74
30% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 30
48% less call options, than puts
Call options by funds: $2.68M | Put options by funds: $5.16M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$89.5M |
| 2 |
IVA
International Value Advisers
|
+$31.4M |
| 3 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$16.1M |
| 4 |
GAM
Gotham Asset Management
New York
|
+$15.2M |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$28.9M |
| 2 |
BCM
Becker Capital Management
Portland,
Oregon
|
-$26.5M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$25.1M |
| 4 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
-$12M |
| 5 |
FC
Fairpointe Capital
Chicago,
Illinois
|
-$9.39M |
CVSA Hedge Fund Activity: Q3 2015 in Review
173 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Covista Inc (CVSA) for Q3 2015, worth a combined $1.79B — down 6.4% from $1.91B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of CVSA and 21 opened new positions — a net loss of 9 holders — while 74 trimmed existing stakes and 58 added.
The largest buyer was Invesco, adding an estimated $89.5M. The largest seller was First Trust Advisors, cutting an estimated $28.9M.
- 173 institutional investors held Covista Inc (CVSA) as of Q3 2015, down from 184 in Q2 2015.
- Funds reported $1.79B of Covista Inc stock for Q3 2015, down 6.4% quarter-over-quarter.
- 21 funds opened new Covista Inc positions in Q3 2015 and 30 closed out, a net change of -9 holders.
- The largest Covista Inc buyer in Q3 2015 was Invesco, an estimated $89.5M added.
- The largest Covista Inc seller in Q3 2015 was First Trust Advisors, an estimated $28.9M sold.
Based on aggregated 13F filings for Q3 2015.