Endava
DAVA
196 hedge funds and large institutions have $1.3B invested in Endava in 2024 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 69 increasing their positions, 50 reducing their positions, and 40 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 50
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
32% more call options, than puts
Call options by funds: $5.62M | Put options by funds: $4.28M
10% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 40
1% more funds holding
Funds holding: 194 → 196 (+2)
4.56% less ownership
Funds ownership: 88.28% → 83.72% (-4.6%)
54% less capital invested
Capital invested by funds: $2.8B → $1.3B (-$1.51B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$79.7M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
+$54.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$44.8M |
| 4 |
FSC
Fourth Sail Capital
Camana Bay Grand Cayman,
Cayman Islands
|
+$43.7M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$33.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$181M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$165M |
| 3 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
-$78M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$49.7M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CGIM
226
Capital Group Investment Management
Raffles Quay,
Singapore
| – | -$324K | -4,161 | Closed |
|
|
AWS
227
Atria Wealth Solutions
New York
| – | -$287K | -3,687 | Closed |
|
228
Brown Advisory
Baltimore,
Maryland
| – | -$274K | -3,524 | Closed |
|
229
Bank of New York Mellon
New York
| – | -$254K | -3,265 | Closed |
|
230
Vontobel Holding
Zurich,
Switzerland
| – | -$218K | -2,800 | Closed |
|
231
Truist Financial
Charlotte,
North Carolina
| – | -$207K | -2,664 | Closed |
|
|
RA
232
RiverPark Advisors
New York
| – | -$14.9K | -192 | Closed |
|
|
AIM
233
Arcadia Investment Management
Kalamazoo,
Michigan
| – | -$12.5K | -161 | Closed |
|
|
EC
234
EdgeRock Capital
Denver,
Colorado
| – | -$7.49K | -104 | Closed |
|
|
LA
235
LM Advisors
San Diego,
California
| – | -$6.23K | -80 | Closed |
|
|
MA
236
MCF Advisors
Covington,
Kentucky
| – | -$3.27K | -42 | Closed |
|
|
TCWA
237
Turtle Creek Wealth Advisors
Dallas,
Texas
| – | -$1.79K | -23 | Closed |
|
DAVA Hedge Fund Activity: Q1 2024 in Review
196 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Endava (DAVA) for Q1 2024, worth a combined $1.3B — down 54% from $2.8B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new DAVA positions and 40 closed out — a net gain of 4 holders — while 69 added to existing stakes and 50 trimmed.
The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $79.7M. The largest seller was T. Rowe Price Associates, cutting an estimated $181M.
- 196 institutional investors held Endava (DAVA) as of Q1 2024, up from 194 in Q4 2023.
- Funds reported $1.3B of Endava stock for Q1 2024, down 54% quarter-over-quarter.
- 44 funds opened new Endava positions in Q1 2024 and 40 closed out, a net change of +4 holders.
- The largest Endava buyer in Q1 2024 was Kayne Anderson Rudnick Investment Management, an estimated $79.7M added.
- The largest Endava seller in Q1 2024 was T. Rowe Price Associates, an estimated $181M sold.
Based on aggregated 13F filings for Q1 2024.