Endava
DAVA
194 hedge funds and large institutions have $2.8B invested in Endava in 2023 Q4 according to their latest regulatory filings, with 56 funds opening new positions, 60 increasing their positions, 57 reducing their positions, and 15 closing their positions.
273% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 15
66% more call options, than puts
Call options by funds: $7.65M | Put options by funds: $4.61M
50% more capital invested
Capital invested by funds: $1.87B → $2.8B (+$935M)
26% more funds holding
Funds holding: 154 → 194 (+40)
8.38% more ownership
Funds ownership: 79.9% → 88.28% (+8.4%)
5% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 57
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$121M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$55.1M |
| 3 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$36.2M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$29.8M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$25.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$85.7M |
| 2 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
-$34.5M |
| 3 |
Ensign Peak Advisors
Salt Lake City,
Utah
|
-$15.4M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$14.5M |
| 5 |
JP Morgan Chase
New York
|
-$13.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Two Sigma Advisers
New York
| – | -$740K | -12,900 | Closed |
|
|
PI
202
PEAK6 Investments
Chicago,
Illinois
| – | -$731K | -11,806 | Closed |
|
203
Balyasny Asset Management
Chicago,
Illinois
| – | -$454K | -7,920 | Closed |
|
|
PWA
204
Pillar Wealth Advisors
West Chester,
Pennsylvania
| – | -$297K | -5,186 | Closed |
|
|
WC
205
Weil Company
San Diego,
California
| – | -$267K | -4,658 | Closed |
|
|
TRCT
206
Tower Research Capital (TRC)
New York
| – | -$120K | -2,089 | Closed |
|
207
New York State Common Retirement Fund
Albany,
New York
| – | -$51.2K | -892 | Closed |
|
|
CWP
208
Concord Wealth Partners
Abingdon,
Virginia
| – | -$6.88K | -120 | Closed |
|
|
EWA
209
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$2.75K | -48 | Closed |
|
|
PTC
210
Private Trust Company
Cleveland,
Ohio
| – | -$2.29K | -40 | Closed |
|
DAVA Hedge Fund Activity: Q4 2023 in Review
194 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Endava (DAVA) for Q4 2023, worth a combined $2.8B — up 50% from $1.87B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new DAVA positions and 15 closed out — a net gain of 41 holders — while 60 added to existing stakes and 57 trimmed.
The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $121M. The largest seller was T. Rowe Price Associates, cutting an estimated $85.7M.
- 194 institutional investors held Endava (DAVA) as of Q4 2023, up from 154 in Q3 2023.
- Funds reported $2.8B of Endava stock for Q4 2023, up 50% quarter-over-quarter.
- 56 funds opened new Endava positions in Q4 2023 and 15 closed out, a net change of +41 holders.
- The largest Endava buyer in Q4 2023 was Kayne Anderson Rudnick Investment Management, an estimated $121M added.
- The largest Endava seller in Q4 2023 was T. Rowe Price Associates, an estimated $85.7M sold.
Based on aggregated 13F filings for Q4 2023.