Covista Inc
CVSA
209 hedge funds and large institutions have $1.7B invested in Covista Inc in 2023 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 45 increasing their positions, 103 reducing their positions, and 15 closing their positions.
87% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 15
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
17% more capital invested
Capital invested by funds: $1.45B → $1.7B (+$253M)
5% more funds holding
Funds holding: 199 → 209 (+10)
0.27% more ownership
Funds ownership: 96.61% → 96.88% (+0.27%)
52% less call options, than puts
Call options by funds: $8.25M | Put options by funds: $17.2M
56% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 103
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$34.4M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$28.1M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$24.9M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$10.9M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$79.8M |
| 2 |
AI
Ariel Investments
Chicago,
Illinois
|
-$17.6M |
| 3 |
BlackRock
New York
|
-$17.1M |
| 4 |
Millennium Management
New York
|
-$15.6M |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$11M |
CVSA Hedge Fund Activity: Q3 2023 in Review
209 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Covista Inc (CVSA) for Q3 2023, worth a combined $1.7B — up 17% from $1.45B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new CVSA positions and 15 closed out — a net gain of 13 holders — while 45 added to existing stakes and 103 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $34.4M. The largest seller was Fidelity Investments, cutting an estimated $79.8M.
- 209 institutional investors held Covista Inc (CVSA) as of Q3 2023, up from 199 in Q2 2023.
- Funds reported $1.7B of Covista Inc stock for Q3 2023, up 17% quarter-over-quarter.
- 28 funds opened new Covista Inc positions in Q3 2023 and 15 closed out, a net change of +13 holders.
- The largest Covista Inc buyer in Q3 2023 was Wellington Management Group, an estimated $34.4M added.
- The largest Covista Inc seller in Q3 2023 was Fidelity Investments, an estimated $79.8M sold.
Based on aggregated 13F filings for Q3 2023.