Covista Inc
CVSA
210 hedge funds and large institutions have $2.65B invested in Covista Inc in 2014 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 66 increasing their positions, 92 reducing their positions, and 36 closing their positions.
255% more call options, than puts
Call options by funds: $4.29M | Put options by funds: $1.21M
67% more funds holding in top 10
Funds holding in top 10: 6 → 10 (+4)
25% more capital invested
Capital invested by funds: $2.11B → $2.65B (+$537M)
4.6% more ownership
Funds ownership: 93.98% → 98.58% (+4.6%)
7% less funds holding
Funds holding: 226 → 210 (-16)
28% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 92
39% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
+$92.7M |
| 2 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
+$52.2M |
| 3 |
SCM
Sigma Capital Management
Stamford,
Connecticut
|
+$46.8M |
| 4 |
CII
CR Intrinsic Investors
Stamford,
Connecticut
|
+$36.7M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$24.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FC
Fairpointe Capital
Chicago,
Illinois
|
-$49.2M |
| 2 |
AI
Ariel Investments
Chicago,
Illinois
|
-$44.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.9M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$12M |
| 5 |
FCAM
F&C Asset Management
Edinburgh, Scotland,
United Kingdom
|
-$7.07M |
CVSA Hedge Fund Activity: Q1 2014 in Review
210 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Covista Inc (CVSA) for Q1 2014, worth a combined $2.65B — up 25% from $2.11B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of CVSA and 22 opened new positions — a net loss of 14 holders — while 92 trimmed existing stakes and 66 added.
The largest buyer was SAC Capital Advisors, adding an estimated $92.7M. The largest seller was Fairpointe Capital, cutting an estimated $49.2M.
- 210 institutional investors held Covista Inc (CVSA) as of Q1 2014, down from 226 in Q4 2013.
- Funds reported $2.65B of Covista Inc stock for Q1 2014, up 25% quarter-over-quarter.
- 22 funds opened new Covista Inc positions in Q1 2014 and 36 closed out, a net change of -14 holders.
- The largest Covista Inc buyer in Q1 2014 was SAC Capital Advisors, an estimated $92.7M added.
- The largest Covista Inc seller in Q1 2014 was Fairpointe Capital, an estimated $49.2M sold.
Based on aggregated 13F filings for Q1 2014.