Endava
DAVA
79 hedge funds and large institutions have $625M invested in Endava in 2020 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 23 increasing their positions, 23 reducing their positions, and 14 closing their positions.
71% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 14
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
11% more funds holding
Funds holding: 71 → 79 (+8)
9.35% more ownership
Funds ownership: 86.13% → 95.49% (+9.4%)
0% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 23
16% less capital invested
Capital invested by funds: $747M → $625M (-$122M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CU
CDAM (UK)
London,
United Kingdom
|
+$29.8M |
| 2 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
+$24.6M |
| 3 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
+$18.2M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$12.2M |
| 5 |
BAMCO Inc
New York
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$23.9M |
| 2 |
BlackRock
New York
|
-$18.9M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$14.8M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.91M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$4.24M |
DAVA Hedge Fund Activity: Q1 2020 in Review
79 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Endava (DAVA) for Q1 2020, worth a combined $625M — down 16% from $747M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new DAVA positions and 14 closed out — a net gain of 10 holders — while 23 added to existing stakes and 23 trimmed.
The largest buyer was CDAM (UK), adding an estimated $29.8M. The largest seller was Massachusetts Financial Services, cutting an estimated $23.9M.
- 79 institutional investors held Endava (DAVA) as of Q1 2020, up from 71 in Q4 2019.
- Funds reported $625M of Endava stock for Q1 2020, down 16% quarter-over-quarter.
- 24 funds opened new Endava positions in Q1 2020 and 14 closed out, a net change of +10 holders.
- The largest Endava buyer in Q1 2020 was CDAM (UK), an estimated $29.8M added.
- The largest Endava seller in Q1 2020 was Massachusetts Financial Services, an estimated $23.9M sold.
Based on aggregated 13F filings for Q1 2020.