Covista Inc
CVSA
178 hedge funds and large institutions have $1.14B invested in Covista Inc in 2016 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 77 increasing their positions, 47 reducing their positions, and 16 closing their positions.
81% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 16
64% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 47
7% more funds holding
Funds holding: 166 → 178 (+12)
2.84% less ownership
Funds ownership: 107.54% → 104.69% (-2.8%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
32% less capital invested
Capital invested by funds: $1.66B → $1.14B (-$523M)
87% less call options, than puts
Call options by funds: $890K | Put options by funds: $6.8M
Top Buyers
| 1 |
Citigroup
New York
|
+$75.4M |
| 2 |
AI
Ariel Investments
Chicago,
Illinois
|
+$33.8M |
| 3 |
RA
Royce & Associates
New York
|
+$15.2M |
| 4 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$8.71M |
| 5 |
FC
Farley Capital
New York
|
+$6.18M |
Top Sellers
| 1 |
Invesco
Atlanta,
Georgia
|
-$95.9M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$30.7M |
| 3 |
TM
Tiger Management
New York
|
-$27.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$21.2M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.9M |
CVSA Hedge Fund Activity: Q1 2016 in Review
178 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Covista Inc (CVSA) for Q1 2016, worth a combined $1.14B — down 32% from $1.66B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new CVSA positions and 16 closed out — a net gain of 13 holders — while 77 added to existing stakes and 47 trimmed.
The largest buyer was Citigroup, adding an estimated $75.4M. The largest seller was Invesco, cutting an estimated $95.9M.
- 178 institutional investors held Covista Inc (CVSA) as of Q1 2016, up from 166 in Q4 2015.
- Funds reported $1.14B of Covista Inc stock for Q1 2016, down 32% quarter-over-quarter.
- 29 funds opened new Covista Inc positions in Q1 2016 and 16 closed out, a net change of +13 holders.
- The largest Covista Inc buyer in Q1 2016 was Citigroup, an estimated $75.4M added.
- The largest Covista Inc seller in Q1 2016 was Invesco, an estimated $95.9M sold.
Based on aggregated 13F filings for Q1 2016.