Covista Inc
CVSA
220 hedge funds and large institutions have $2.06B invested in Covista Inc in 2019 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 66 increasing their positions, 79 reducing their positions, and 15 closing their positions.
167% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 15
127% more call options, than puts
Call options by funds: $7.51M | Put options by funds: $3.31M
13% more funds holding
Funds holding: 195 → 220 (+25)
1.82% more ownership
Funds ownership: 96.86% → 98.68% (+1.8%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
16% less capital invested
Capital invested by funds: $2.47B → $2.06B (-$406M)
16% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FC
Fairpointe Capital
Chicago,
Illinois
|
+$42.8M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$24.3M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$12.5M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$10.2M |
| 5 |
Man Group
London,
United Kingdom
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$57M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$21.2M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$19M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
-$19M |
| 5 |
Bank of New York Mellon
New York
|
-$17.3M |
CVSA Hedge Fund Activity: Q3 2019 in Review
220 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Covista Inc (CVSA) for Q3 2019, worth a combined $2.06B — down 16% from $2.47B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new CVSA positions and 15 closed out — a net gain of 25 holders — while 66 added to existing stakes and 79 trimmed.
The largest buyer was Fairpointe Capital, opening a new position worth an estimated $42.8M. The largest seller was Wells Fargo, cutting an estimated $57M.
- 220 institutional investors held Covista Inc (CVSA) as of Q3 2019, up from 195 in Q2 2019.
- Funds reported $2.06B of Covista Inc stock for Q3 2019, down 16% quarter-over-quarter.
- 40 funds opened new Covista Inc positions in Q3 2019 and 15 closed out, a net change of +25 holders.
- The largest Covista Inc buyer in Q3 2019 was Fairpointe Capital, an estimated $42.8M added.
- The largest Covista Inc seller in Q3 2019 was Wells Fargo, an estimated $57M sold.
Based on aggregated 13F filings for Q3 2019.