Covista Inc
CVSA
199 hedge funds and large institutions have $1.45B invested in Covista Inc in 2023 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 56 increasing their positions, 78 reducing their positions, and 21 closing their positions.
38% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 21
4% more funds holding
Funds holding: 191 → 199 (+8)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.29% less ownership
Funds ownership: 96.9% → 96.61% (-0.29%)
14% less capital invested
Capital invested by funds: $1.69B → $1.45B (-$241M)
28% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 78
42% less call options, than puts
Call options by funds: $440K | Put options by funds: $759K
Top Buyers
| 1 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$22.1M |
| 2 |
Millennium Management
New York
|
+$11.4M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$5.67M |
| 4 |
HF
HRT Financial
New York
|
+$5.63M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$5.63M |
Top Sellers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$61M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$12.2M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$11.9M |
| 4 |
BlackRock
New York
|
-$10.8M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$9.57M |
CVSA Hedge Fund Activity: Q2 2023 in Review
199 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Covista Inc (CVSA) for Q2 2023, worth a combined $1.45B — down 14% from $1.69B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new CVSA positions and 21 closed out — a net gain of 8 holders — while 56 added to existing stakes and 78 trimmed.
The largest buyer was SG Capital Management, opening a new position worth an estimated $22.1M. The largest seller was Fidelity Investments, cutting an estimated $61M.
- 199 institutional investors held Covista Inc (CVSA) as of Q2 2023, up from 191 in Q1 2023.
- Funds reported $1.45B of Covista Inc stock for Q2 2023, down 14% quarter-over-quarter.
- 29 funds opened new Covista Inc positions in Q2 2023 and 21 closed out, a net change of +8 holders.
- The largest Covista Inc buyer in Q2 2023 was SG Capital Management, an estimated $22.1M added.
- The largest Covista Inc seller in Q2 2023 was Fidelity Investments, an estimated $61M sold.
Based on aggregated 13F filings for Q2 2023.