Covista Inc
CVSA
250 hedge funds and large institutions have $2.49B invested in Covista Inc in 2014 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 83 increasing their positions, 83 reducing their positions, and 13 closing their positions.
323% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 13
19% more funds holding
Funds holding: 210 → 250 (+40)
0% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 83
6% less capital invested
Capital invested by funds: $2.65B → $2.49B (-$160M)
6.06% less ownership
Funds ownership: 98.58% → 92.52% (-6.1%)
15% less call options, than puts
Call options by funds: $2.49M | Put options by funds: $2.92M
40% less funds holding in top 10
Funds holding in top 10: 10 → 6 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$24.9M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$17.2M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$17.1M |
| 4 |
D.E. Shaw & Co
New York
|
+$15.1M |
| 5 |
JP Morgan Chase
New York
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
-$110M |
| 2 |
AI
Ariel Investments
Chicago,
Illinois
|
-$56.3M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$50.9M |
| 4 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
-$44.7M |
| 5 |
FC
Fairpointe Capital
Chicago,
Illinois
|
-$25.7M |
CVSA Hedge Fund Activity: Q2 2014 in Review
250 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Covista Inc (CVSA) for Q2 2014, worth a combined $2.49B — down 6.1% from $2.65B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new CVSA positions and 13 closed out — a net gain of 42 holders — while 83 added to existing stakes and 83 trimmed.
The largest buyer was Norges Bank, adding an estimated $24.9M. The largest seller was Blue Harbour Group, exiting entirely with an estimated $110M sold.
- 250 institutional investors held Covista Inc (CVSA) as of Q2 2014, up from 210 in Q1 2014.
- Funds reported $2.49B of Covista Inc stock for Q2 2014, down 6.1% quarter-over-quarter.
- 55 funds opened new Covista Inc positions in Q2 2014 and 13 closed out, a net change of +42 holders.
- The largest Covista Inc buyer in Q2 2014 was Norges Bank, an estimated $24.9M added.
- The largest Covista Inc seller in Q2 2014 was Blue Harbour Group, an estimated $110M sold.
Based on aggregated 13F filings for Q2 2014.