Covista Inc
CVSA
196 hedge funds and large institutions have $1.86B invested in Covista Inc in 2021 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 58 increasing their positions, 81 reducing their positions, and 14 closing their positions.
196% more call options, than puts
Call options by funds: $2.1M | Put options by funds: $711K
171% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 14
14% more capital invested
Capital invested by funds: $1.62B → $1.86B (+$235M)
13% more funds holding
Funds holding: 174 → 196 (+22)
2.01% more ownership
Funds ownership: 91.95% → 93.96% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
28% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 81
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$29.1M |
| 2 |
AI
Ariel Investments
Chicago,
Illinois
|
+$21.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$18.7M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$17.7M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$11.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$33.9M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$14.6M |
| 3 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$14.1M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$12.9M |
| 5 |
JP Morgan Chase
New York
|
-$9.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QCM
201
Quantinno Capital Management
New York
| – | -$511K | -15,057 | Closed |
|
|
APP
202
Alpha Paradigm Partners
Chicago,
Illinois
| – | -$474K | -13,972 | Closed |
|
|
FP
203
Foundry Partners
Minneapolis,
Minnesota
| – | -$469K | -13,815 | Closed |
|
|
II
204
Inspire Investing
Meridian,
Idaho
| – | -$312K | -9,176 | Closed |
|
205
LPL Financial
San Diego,
California
| – | -$250K | -7,353 | Closed |
|
|
AA
206
AQR Arbitrage
Greenwich,
Connecticut
| – | -$220K | -6,727 | Closed |
|
|
OQS
207
Occudo Quantitative Strategies
Fort Lauderdale,
Florida
| – | -$222K | -6,538 | Closed |
|
|
MAM
208
Meeder Asset Management
Dublin,
Ohio
| – | -$30K | -769 | -99% |
|
|
PWPS
209
Pinnacle Wealth Planning Services
Mansfield,
Ohio
| – | -$15K | -442 | Closed |
|
|
VCG
210
Vantage Consulting Group
Virginia Beach,
Virginia
| – | -$5K | -155 | Closed |
|
CVSA Hedge Fund Activity: Q1 2021 in Review
196 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Covista Inc (CVSA) for Q1 2021, worth a combined $1.86B — up 14% from $1.62B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new CVSA positions and 14 closed out — a net gain of 24 holders — while 58 added to existing stakes and 81 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $29.1M. The largest seller was Wedge Capital Management, cutting an estimated $33.9M.
- 196 institutional investors held Covista Inc (CVSA) as of Q1 2021, up from 174 in Q4 2020.
- Funds reported $1.86B of Covista Inc stock for Q1 2021, up 14% quarter-over-quarter.
- 38 funds opened new Covista Inc positions in Q1 2021 and 14 closed out, a net change of +24 holders.
- The largest Covista Inc buyer in Q1 2021 was Fidelity Investments, an estimated $29.1M added.
- The largest Covista Inc seller in Q1 2021 was Wedge Capital Management, an estimated $33.9M sold.
Based on aggregated 13F filings for Q1 2021.