Endava
DAVA
42 hedge funds and large institutions have $201M invested in Endava in 2019 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 7 reducing their positions, and 3 closing their positions.
229% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 7
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
25% more capital invested
Capital invested by funds: $161M → $201M (+$40.2M)
17% more funds holding
Funds holding: 36 → 42 (+6)
5.59% more ownership
Funds ownership: 55.27% → 60.86% (+5.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$8.13M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$5.27M |
| 3 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
+$1.39M |
| 4 |
BAMCO Inc
New York
|
+$1.37M |
| 5 |
MA
MYDA Advisors
Woodmere,
New York
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$7.16M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.81M |
| 3 |
LCM
Laurion Capital Management
New York
|
-$428K |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$218K |
| 5 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$202K |
DAVA Hedge Fund Activity: Q1 2019 in Review
42 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Endava (DAVA) for Q1 2019, worth a combined $201M — up 25% from $161M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new DAVA positions and 3 closed out — a net gain of 6 holders — while 23 added to existing stakes and 7 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $8.13M. The largest seller was Waddell & Reed Financial, exiting entirely with an estimated $7.16M sold.
- 42 institutional investors held Endava (DAVA) as of Q1 2019, up from 36 in Q4 2018.
- Funds reported $201M of Endava stock for Q1 2019, up 25% quarter-over-quarter.
- 9 funds opened new Endava positions in Q1 2019 and 3 closed out, a net change of +6 holders.
- The largest Endava buyer in Q1 2019 was Massachusetts Financial Services, an estimated $8.13M added.
- The largest Endava seller in Q1 2019 was Waddell & Reed Financial, an estimated $7.16M sold.
Based on aggregated 13F filings for Q1 2019.