Covista Inc
CVSA
214 hedge funds and large institutions have $1.48B invested in Covista Inc in 2016 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 74 increasing their positions, 74 reducing their positions, and 18 closing their positions.
100% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 18
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
32% more call options, than puts
Call options by funds: $1.09M | Put options by funds: $824K
27% more capital invested
Capital invested by funds: $1.17B → $1.48B (+$318M)
6% more funds holding
Funds holding: 201 → 214 (+13)
0% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 74
0.88% less ownership
Funds ownership: 104.15% → 103.27% (-0.88%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$55.8M |
| 2 |
STB
S&T Bank
Indiana,
Pennsylvania
|
+$11.3M |
| 3 |
Morgan Stanley
New York
|
+$10.9M |
| 4 |
NM
Newtyn Management
New York
|
+$9.49M |
| 5 |
Millennium Management
New York
|
+$8.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$48.7M |
| 2 |
IVA
International Value Advisers
|
-$31.6M |
| 3 |
FC
Fairpointe Capital
Chicago,
Illinois
|
-$14.2M |
| 4 |
TAM
Tocqueville Asset Management
New York
|
-$12.6M |
| 5 |
AI
Ariel Investments
Chicago,
Illinois
|
-$11.2M |
CVSA Hedge Fund Activity: Q3 2016 in Review
214 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Covista Inc (CVSA) for Q3 2016, worth a combined $1.48B — up 27% from $1.17B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new CVSA positions and 18 closed out — a net gain of 18 holders — while 74 added to existing stakes and 74 trimmed.
The largest buyer was William Blair Investment Management, adding an estimated $55.8M. The largest seller was Burgundy Asset Management, cutting an estimated $48.7M.
- 214 institutional investors held Covista Inc (CVSA) as of Q3 2016, up from 201 in Q2 2016.
- Funds reported $1.48B of Covista Inc stock for Q3 2016, up 27% quarter-over-quarter.
- 36 funds opened new Covista Inc positions in Q3 2016 and 18 closed out, a net change of +18 holders.
- The largest Covista Inc buyer in Q3 2016 was William Blair Investment Management, an estimated $55.8M added.
- The largest Covista Inc seller in Q3 2016 was Burgundy Asset Management, an estimated $48.7M sold.
Based on aggregated 13F filings for Q3 2016.