COVENANT LOGISTICS GROUP INC CVLG
CL A · Common Stock · CUSIP 22284P105
American shipping company
- SectorIndustrials
- IndustryTrucking (No Local)
- HeadquartersChattanooga, TN
- Founded1986
- Websitectgcompanies.com
- FilingsSEC EDGAR
Q4 2024 share counts are adjusted for a 2-for-1 stock split, so holders aren't shown as buying or selling because of it.
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($4.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $22.18. Options: 3 managers hold calls ($319.2k notional), 6 hold puts ($1.9m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 112 |
| Q4 2022 | 134 |
| Q1 2023 | 117 |
| Q2 2023 | 129 |
| Q3 2023 | 139 |
| Q4 2023 | 151 |
| Q1 2024 | 152 |
| Q2 2024 | 155 |
| Q3 2024 | 163 |
| Q4 2024 | 154 |
| Q1 2025 | 162 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 56 | 59 |
| Q3 2023 | 55 | 68 |
| Q4 2023 | 60 | 73 |
| Q1 2024 | 71 | 75 |
| Q2 2024 | 69 | 80 |
| Q3 2024 | 67 | 69 |
| Q4 2024 | 68 | 68 |
| Q1 2025 | 68 | 81 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $2.3m | $11.2m | 4.79 |
| Q3 2024 | $1.2m | $2.1m | 1.76 |
| Q4 2024 | $457.9k | $114.5k | 0.25 |
| Q1 2025 | $319.2k | $1.9m | 5.92 |
Biggest buyers
| NEXT CENTURY GROWTH INVESTORS LLC | New | +198.4k |
| Polaris Capital Management, LLC | New | +106.4k |
| LSV ASSET MANAGEMENT | Added | +96.4k |
| PCJ Investment Counsel Ltd. | New | +86.0k |
| T. Rowe Price Investment Management, Inc. | Added | +61.8k |
| AMERICAN CENTURY COMPANIES INC | Added | +60.0k |
| PRUDENTIAL FINANCIAL INC | New | +58.6k |
| Russell Investments Group, Ltd. | Added | +51.4k |
| MILLENNIUM MANAGEMENT LLC | New | +42.4k |
| GOLDMAN SACHS GROUP INC | Added | +42.3k |
Biggest sellers
| Empowered Funds, LLC | Reduced | -205.0k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | Reduced | -205.0k |
| FMR LLC | Reduced | -128.1k |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -114.6k |
| Hudson Bay Capital Management LP | Reduced | -95.2k |
| CREDIT AGRICOLE S A | Sold out | -82.8k |
| Oliver Luxxe Assets LLC | Reduced | -68.7k |
| JPMORGAN CHASE & CO | Reduced | -48.5k |
| CITADEL ADVISORS LLC | Reduced | -34.8k |
| TUDOR INVESTMENT CORP ET AL | Sold out | -33.8k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $315.2k14.2k shares |
| SIMPLEX TRADING, LLC | New | $4.0k200 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $721.5k32.5k shares |
| GROUP ONE TRADING LLC | New | $468.4k21.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $419.6k18.9k shares |
| WOLVERINE TRADING, LLC | New | $253.1k11.4k shares |
| SIMPLEX TRADING, LLC | New | $26.0k1.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| PARKER DAVID R & JACQUELINE F 13D · may seek influence -1.1 pts · filed 2026-02-24 | 30.4% |
| BlackRock, Inc. 13G · institution filed 2025-04-23 | 5.8% |
| T. Rowe Price Investment Management, Inc. 13G · institution new · filed 2026-05-15 | 5.2% |
Insider purchases and sales in Q1 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 1 | $289.3k | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 6 | $10.7m | — |
| Q2 2024 | 0 | — | 1 | $173.7k | — |
| Q3 2024 | 0 | — | 1 | $1.2m | — |
| Q4 2024 | 0 | — | 2 | $1.1m | — |
| Q1 2025 | 0 | — | 1 | $61.2k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-01-28 | Long Matisse Chief Accounting Officer | Sold | $61.2k2.1k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 2.2m $49.9m | Added +19.2k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.5m $33.4m | Reduced -22.9k |
| SCOPUS ASSET MANAGEMENT, L.P. 0.84% of their portfolio | 1.0m $23.1m | Reduced -2.4k |
| VANGUARD GROUP INC 0.00% of their portfolio | 959.2k $21.3m | Added +30.5k |
| Patton Albertson Miller Group, LLC 1.90% of their portfolio | 576.2k $12.8m | Unchanged |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 480.7k $10.7m | Added +60.0k |
| Foundry Partners, LLC 0.51% of their portfolio | 434.1k $9.6m | Added +1.9k |
| LSV ASSET MANAGEMENT 0.02% of their portfolio | 432.8k $9.6m | Added +96.4k |
| STATE STREET CORP 0.00% of their portfolio | 420.4k $9.3m | Reduced -7.3k |
| T. Rowe Price Investment Management, Inc. 0.01% of their portfolio | 387.5k $8.6m | Added +61.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 374.9k $8.3m | Added +12.3k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.19% of their portfolio | 343.6k $7.6m | Reduced -205.0k |
| ROYCE & ASSOCIATES LP 0.06% of their portfolio | 260.6k $5.8m | Added +17.5k |
| NEXT CENTURY GROWTH INVESTORS LLC 0.39% of their portfolio | 198.4k $4.4m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 179.3k $4.0m | Added +42.3k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio | 176.1k $3.9m | Reduced -23.1k |
| Empowered Funds, LLC 0.05% of their portfolio | 172.8k $3.8m | Reduced -205.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 168.9k $3.8m | Reduced -8.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 166.6k $3.7m | Reduced -7.6k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 153.9k $3.4m | Added +51.4k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 152.9k $3.4m | Reduced -10.5k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 148.1k $3.3m | Added +17.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 135.2k $3.0m | Reduced -3.0k |
| Hudson Bay Capital Management LP 0.02% of their portfolio | 110.0k $2.4m | Reduced -95.2k |
| Polaris Capital Management, LLC 0.14% of their portfolio | 106.4k $2.4m | New |
| ESSEX INVESTMENT MANAGEMENT CO LLC 0.48% of their portfolio | 104.5k $2.3m | Reduced -805 |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 100.8k $2.2m | Reduced -21.1k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 92.9k $2.1m | Reduced -7.8k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 90.3k $2.0m | Reduced -12.7k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 89.1k $2.0m | Reduced -5.6k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 88.8k $2.0m | Reduced -1.1k |
| PCJ Investment Counsel Ltd. 0.75% of their portfolio | 86.0k $1.9m | New |
| Templeton & Phillips Capital Management, LLC 1.08% of their portfolio | 80.1k $1.5m | Reduced -12.6k |
| PACIFIC GLOBAL INVESTMENT MANAGEMENT CO 2.40% of their portfolio | 76.5k $1.7m | Added +3.4k |
| Oliver Luxxe Assets LLC 0.30% of their portfolio | 73.0k $1.6m | Reduced -68.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 70.3k $1.6m | Reduced -765 |
| BARCLAYS PLC 0.00% of their portfolio | 69.3k $1.5m | Added +2.2k |
| MORGAN STANLEY 0.00% of their portfolio | 68.3k $1.5m | Reduced -1.9k |
| Nuveen, LLC 0.00% of their portfolio | 67.7k $1.5m | First filing |
| FMR LLC 0.00% of their portfolio | 66.6k $1.5m | Reduced -128.1k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 58.6k $1.3m | New |
| Allianz Asset Management GmbH 0.00% of their portfolio | 58.5k $1.3m | Reduced -4.7k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio | 57.4k $1.3m | Reduced -684 |
| Vestcor Inc 0.04% of their portfolio | 56.3k $1.2m | Reduced -2.6k |
| NJ State Employees Deferred Compensation Plan 0.16% of their portfolio | 56.0k $1.2m | Unchanged |
| Brandywine Global Investment Management, LLC 0.01% of their portfolio | 55.8k $1.2m | Reduced -1.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 47.5k $1.1m | Reduced -48.5k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 46.3k $1.0m | Reduced -28.4k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 43.1k $955.8k | Added +80 |
| UBS Group AG 0.00% of their portfolio | 42.5k $942.7k | Added +10.5k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 42.4k $941.8k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 40.9k $908.9k | Reduced -16.0k |
| Northeast Financial Consultants Inc 0.04% of their portfolio | 40.0k $888.0k | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 36.1k $801.7k | Reduced -3.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 35.2k $780.7k | Added +24.5k |
| MARTINGALE ASSET MANAGEMENT L P 0.02% of their portfolio | 31.5k $698.2k | Added +1.2k |
| Swiss National Bank 0.00% of their portfolio | 31.4k $697.1k | Unchanged |
| Legato Capital Management LLC 0.09% of their portfolio | 30.7k $681.7k | Reduced -469 |
| RITHOLTZ WEALTH MANAGEMENT 0.02% of their portfolio | 30.6k $678.5k | Reduced -215 |
| SHAKER INVESTMENTS LLC/OH 0.32% of their portfolio | 30.3k $673.7k | Reduced -27 |
| Alberta Investment Management Corp 0.00% of their portfolio | 29.4k $652.7k | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 26.2k $581.8k | Added +997 |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 26.2k $581.1k | Reduced -303 |
| Boston Partners 0.00% of their portfolio | 25.5k $565.2k | Added +6.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 24.6k $546.2k | Reduced -17.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 24.1k $535.0k | Reduced -1.2k |
| DELPHI MANAGEMENT INC /MA/ 0.52% of their portfolio | 22.9k $508.0k | Added +9.1k |
| STRS OHIO 0.00% of their portfolio | 22.5k $499.5k | Added +1.1k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 21.9k $487.0k | Reduced -12.5k |
| Petrus Trust Company, LTA 0.04% of their portfolio | 21.3k $472.9k | Unchanged |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 20.6k $456.2k | Reduced -5.3k |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 19.8k $440.0k | Unchanged |
| Dynamic Technology Lab Private Ltd 0.06% of their portfolio | 18.8k $418.0k | New |
| STEPHENS INC /AR/ 0.01% of their portfolio | 18.2k $403.0k | Added +42 |
| Campbell & CO Investment Adviser LLC 0.03% of their portfolio | 17.6k $390.6k | New |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 17.4k $385.0k | Reduced -114.6k |
| WEDBUSH SECURITIES INC 0.01% of their portfolio | 16.9k $375.0k | Reduced -1.2k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 16.3k $361.1k | Added +5.8k |
| Inspire Investing, LLC 0.04% of their portfolio | 15.5k $345.0k | Added +834 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 15.1k $334.5k | Unchanged |
| BANTAMAC CAPITAL, LLC 0.16% of their portfolio | 15.0k $332.4k | Reduced -24.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 14.9k $332.0k | Added +620 |
| DGS Capital Management, LLC 0.09% of their portfolio | 14.9k $331.5k | Added +87 |
| Trexquant Investment LP 0.00% of their portfolio | 14.6k $323.5k | Reduced -2.4k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 14.1k $312.0k | Added +53 |
| Legal & General Group Plc 0.00% of their portfolio | 14.0k $311.0k | Reduced -483 |
| CITIGROUP INC 0.00% of their portfolio | 13.7k $303.2k | Reduced -7.0k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 13.6k $301.8k | Reduced -34.8k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 13.2k $292.0k | Reduced -24.8k |
| Polymer Capital Management (US) LLC 0.08% of their portfolio | 12.1k $267.6k | New |
| TOWNSQUARE CAPITAL LLC 0.00% of their portfolio | 12.0k $266.2k | Added +331 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 11.6k $257.3k | Added +900 |
| Engineers Gate Manager LP 0.00% of their portfolio | 11.1k $245.5k | Added +1.4k |
| WOLVERINE TRADING, LLC 0.01% of their portfolio | 10.8k $239.6k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 10.1k $223.1k | Added +209 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 9.6k $212.8k | Added +384 |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 9.4k $209.1k | New |
| MetLife Investment Management, LLC 0.00% of their portfolio | 9.4k $208.1k | Reduced -1.3k |
| ALGERT GLOBAL LLC 0.01% of their portfolio | 9.2k $205.1k | Reduced -1.6k |
| GROUP ONE TRADING LLC 0.01% of their portfolio | 8.7k $192.7k | New |