Covista Inc
CVSA
216 hedge funds and large institutions have $2.63B invested in Covista Inc in 2018 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 44 increasing their positions, 96 reducing their positions, and 22 closing their positions.
86% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 22
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
10% more funds holding
Funds holding: 197 → 216 (+19)
2.93% less ownership
Funds ownership: 97.59% → 94.66% (-2.9%)
7% less capital invested
Capital invested by funds: $2.82B → $2.63B (-$191M)
54% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 96
68% less call options, than puts
Call options by funds: $2.68M | Put options by funds: $8.45M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$20.8M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$17.4M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$11.6M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$8.86M |
| 5 |
BlackRock
New York
|
+$6.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$28.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$25.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$20.3M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$15.2M |
| 5 |
Bank of New York Mellon
New York
|
-$15M |
CVSA Hedge Fund Activity: Q4 2018 in Review
216 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Covista Inc (CVSA) for Q4 2018, worth a combined $2.63B — down 6.8% from $2.82B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new CVSA positions and 22 closed out — a net gain of 19 holders — while 44 added to existing stakes and 96 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $20.8M. The largest seller was Cramer Rosenthal McGlynn, cutting an estimated $28.6M.
- 216 institutional investors held Covista Inc (CVSA) as of Q4 2018, up from 197 in Q3 2018.
- Funds reported $2.63B of Covista Inc stock for Q4 2018, down 6.8% quarter-over-quarter.
- 41 funds opened new Covista Inc positions in Q4 2018 and 22 closed out, a net change of +19 holders.
- The largest Covista Inc buyer in Q4 2018 was Goldman Sachs, an estimated $20.8M added.
- The largest Covista Inc seller in Q4 2018 was Cramer Rosenthal McGlynn, an estimated $28.6M sold.
Based on aggregated 13F filings for Q4 2018.