Covista Inc
CVSA
182 hedge funds and large institutions have $1.69B invested in Covista Inc in 2021 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 52 increasing their positions, 87 reducing their positions, and 28 closing their positions.
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
2.43% more ownership
Funds ownership: 93.96% → 96.39% (+2.4%)
7% less funds holding
Funds holding: 196 → 182 (-14)
9% less capital invested
Capital invested by funds: $1.86B → $1.69B (-$165M)
40% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 87
46% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 28
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.94M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$62.8M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$19.8M |
| 3 |
AI
Ariel Investments
Chicago,
Illinois
|
+$10M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$9.71M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$9.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$22.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$17.3M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$16M |
| 4 |
BlackRock
New York
|
-$12.1M |
| 5 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$10.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CWM
201
CIBC World Markets
New York
| – | -$213K | -5,385 | Closed |
|
|
6M
202
6 Meridian
Wichita,
Kansas
| – | -$210K | -5,303 | Closed |
|
|
AP
203
Arlington Partners
Birmingham,
Alabama
| – | -$207K | -5,244 | Closed |
|
|
QT
204
Quantbot Technologies
New York
| – | -$58K | -1,480 | Closed |
|
|
NICM
205
Neo Ivy Capital Management
New York
| – | -$18K | -462 | Closed |
|
206
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
| – | -$8K | -198 | Closed |
|
207
AssetMark Inc
Concord,
California
| – | -$7K | -188 | Closed |
|
|
NFG
208
Next Financial Group
Houston,
Texas
| – | -$2K | -54 | Closed |
|
|
TWA
209
TCI Wealth Advisors
Tucson,
Arizona
| – | -$2K | -48 | Closed |
|
CVSA Hedge Fund Activity: Q2 2021 in Review
182 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Covista Inc (CVSA) for Q2 2021, worth a combined $1.69B — down 8.9% from $1.86B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of CVSA and 15 opened new positions — a net loss of 13 holders — while 87 trimmed existing stakes and 52 added.
The largest buyer was Fidelity Investments, adding an estimated $62.8M. The largest seller was Arrowstreet Capital, cutting an estimated $22.6M.
- 182 institutional investors held Covista Inc (CVSA) as of Q2 2021, down from 196 in Q1 2021.
- Funds reported $1.69B of Covista Inc stock for Q2 2021, down 8.9% quarter-over-quarter.
- 15 funds opened new Covista Inc positions in Q2 2021 and 28 closed out, a net change of -13 holders.
- The largest Covista Inc buyer in Q2 2021 was Fidelity Investments, an estimated $62.8M added.
- The largest Covista Inc seller in Q2 2021 was Arrowstreet Capital, an estimated $22.6M sold.
Based on aggregated 13F filings for Q2 2021.