Covista Inc
CVSA
197 hedge funds and large institutions have $2.82B invested in Covista Inc in 2018 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 56 increasing their positions, 87 reducing their positions, and 32 closing their positions.
2.68% more ownership
Funds ownership: 94.91% → 97.59% (+2.7%)
2% more capital invested
Capital invested by funds: $2.75B → $2.82B (+$67.7M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
6% less funds holding
Funds holding: 209 → 197 (-12)
34% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 32
36% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 87
53% less call options, than puts
Call options by funds: $6.15M | Put options by funds: $13.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$50.9M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$47M |
| 3 |
Bank of New York Mellon
New York
|
+$45M |
| 4 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$34.2M |
| 5 |
Goldman Sachs
New York
|
+$20.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Calamos Advisors
Naperville,
Illinois
|
-$31.7M |
| 2 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$25.1M |
| 3 |
AI
Ariel Investments
Chicago,
Illinois
|
-$24.8M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$22.8M |
| 5 |
CM
Castleark Management
Chicago,
Illinois
|
-$15.2M |
CVSA Hedge Fund Activity: Q3 2018 in Review
197 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Covista Inc (CVSA) for Q3 2018, worth a combined $2.82B — up 2.5% from $2.75B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of CVSA and 21 opened new positions — a net loss of 11 holders — while 87 trimmed existing stakes and 56 added.
The largest buyer was Invesco, adding an estimated $50.9M. The largest seller was Calamos Advisors, exiting entirely with an estimated $31.7M sold.
- 197 institutional investors held Covista Inc (CVSA) as of Q3 2018, down from 209 in Q2 2018.
- Funds reported $2.82B of Covista Inc stock for Q3 2018, up 2.5% quarter-over-quarter.
- 21 funds opened new Covista Inc positions in Q3 2018 and 32 closed out, a net change of -11 holders.
- The largest Covista Inc buyer in Q3 2018 was Invesco, an estimated $50.9M added.
- The largest Covista Inc seller in Q3 2018 was Calamos Advisors, an estimated $31.7M sold.
Based on aggregated 13F filings for Q3 2018.