Covista Inc
CVSA
179 hedge funds and large institutions have $1.22B invested in Covista Inc in 2020 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 60 increasing their positions, 68 reducing their positions, and 32 closing their positions.
497% more call options, than puts
Call options by funds: $2.47M | Put options by funds: $414K
0.69% less ownership
Funds ownership: 96.18% → 95.49% (-0.69%)
5% less funds holding
Funds holding: 188 → 179 (-9)
12% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 68
22% less capital invested
Capital invested by funds: $1.55B → $1.22B (-$338M)
28% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 32
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| 1 |
JP Morgan Chase
New York
|
+$40M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$24.3M |
| 3 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$8.84M |
| 4 |
MAP
Madison Avenue Partners
New York
|
+$8.71M |
| 5 |
AI
Ariel Investments
Chicago,
Illinois
|
+$7.81M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
II
201
Inspire Investing
Meridian,
Idaho
| – | -$214K | -6,882 | Closed |
|
|
DCM
202
Dupont Capital Management
Wilmington,
Delaware
| – | -$115K | -3,677 | Closed |
|
|
LIA
203
LS Investment Advisors
Bloomfield Hills,
Michigan
| – | -$86K | -2,753 | Closed |
|
|
FC
204
FORA Capital
Miami,
Florida
| – | -$84K | -2,692 | Closed |
|
205
Acadian Asset Management
Boston,
Massachusetts
| – | -$30K | -948 | Closed |
|
|
HIIFS
206
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
| – | -$20K | -640 | Closed |
|
207
Lazard Asset Management
New York
| – | -$15K | -492 | Closed |
|
|
PAG
208
Private Advisor Group
Morristown,
New Jersey
| – | -$8K | -249 | Closed |
|
|
CAN
209
Cetera Advisor Networks
El Segundo,
California
| – | -$7K | -225 | Closed |
|
|
OPS
210
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$3K | -96 | Closed |
|
CVSA Hedge Fund Activity: Q3 2020 in Review
179 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Covista Inc (CVSA) for Q3 2020, worth a combined $1.22B — down 22% from $1.55B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of CVSA and 23 opened new positions — a net loss of 9 holders — while 68 trimmed existing stakes and 60 added.
The largest buyer was JP Morgan Chase, adding an estimated $40M. The largest seller was Nomura Holdings, cutting an estimated $25.6M.
- 179 institutional investors held Covista Inc (CVSA) as of Q3 2020, down from 188 in Q2 2020.
- Funds reported $1.22B of Covista Inc stock for Q3 2020, down 22% quarter-over-quarter.
- 23 funds opened new Covista Inc positions in Q3 2020 and 32 closed out, a net change of -9 holders.
- The largest Covista Inc buyer in Q3 2020 was JP Morgan Chase, an estimated $40M added.
- The largest Covista Inc seller in Q3 2020 was Nomura Holdings, an estimated $25.6M sold.
Based on aggregated 13F filings for Q3 2020.