Covista Inc
CVSA
155 hedge funds and large institutions have $1.39B invested in Covista Inc in 2020 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 47 increasing their positions, 66 reducing their positions, and 50 closing their positions.
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
0.21% more ownership
Funds ownership: 97.55% → 97.76% (+0.21%)
20% less funds holding
Funds holding: 193 → 155 (-38)
25% less capital invested
Capital invested by funds: $1.84B → $1.39B (-$456M)
29% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 66
71% less call options, than puts
Call options by funds: $3.34M | Put options by funds: $11.4M
72% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IVA
International Value Advisers
|
+$71.2M |
| 2 |
AI
Ariel Investments
Chicago,
Illinois
|
+$40.2M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$18.3M |
| 4 |
MAP
Madison Avenue Partners
New York
|
+$17.8M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$14.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NM
Newtyn Management
New York
|
-$21.9M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$15.9M |
| 3 |
Two Sigma Investments
New York
|
-$14.7M |
| 4 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
-$13.1M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$12.8M |
CVSA Hedge Fund Activity: Q1 2020 in Review
155 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Covista Inc (CVSA) for Q1 2020, worth a combined $1.39B — down 25% from $1.84B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of CVSA and 14 opened new positions — a net loss of 36 holders — while 66 trimmed existing stakes and 47 added.
The largest buyer was International Value Advisers, adding an estimated $71.2M. The largest seller was Newtyn Management, exiting entirely with an estimated $21.9M sold.
- 155 institutional investors held Covista Inc (CVSA) as of Q1 2020, down from 193 in Q4 2019.
- Funds reported $1.39B of Covista Inc stock for Q1 2020, down 25% quarter-over-quarter.
- 14 funds opened new Covista Inc positions in Q1 2020 and 50 closed out, a net change of -36 holders.
- The largest Covista Inc buyer in Q1 2020 was International Value Advisers, an estimated $71.2M added.
- The largest Covista Inc seller in Q1 2020 was Newtyn Management, an estimated $21.9M sold.
Based on aggregated 13F filings for Q1 2020.