Endava
DAVA
65 hedge funds and large institutions have $561M invested in Endava in 2019 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 19 increasing their positions, 25 reducing their positions, and 9 closing their positions.
56% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 9
8% more funds holding
Funds holding: 60 → 65 (+5)
4% less capital invested
Capital invested by funds: $582M → $561M (-$21.2M)
2.37% less ownership
Funds ownership: 82.05% → 79.68% (-2.4%)
24% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 25
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$11.1M |
| 2 |
RIM
Ranger Investment Management
Dallas,
Texas
|
+$9.79M |
| 3 |
BlackRock
New York
|
+$6.61M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$1.95M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$1.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$7.73M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$5.94M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.02M |
| 4 |
FAM
Fred Alger Management
New York
|
-$2.65M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.94M |
DAVA Hedge Fund Activity: Q3 2019 in Review
65 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Endava (DAVA) for Q3 2019, worth a combined $561M — down 3.6% from $582M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new DAVA positions and 9 closed out — a net gain of 5 holders — while 19 added to existing stakes and 25 trimmed.
The largest buyer was Wasatch Advisors, adding an estimated $11.1M. The largest seller was Massachusetts Financial Services, cutting an estimated $7.73M.
- 65 institutional investors held Endava (DAVA) as of Q3 2019, up from 60 in Q2 2019.
- Funds reported $561M of Endava stock for Q3 2019, down 3.6% quarter-over-quarter.
- 14 funds opened new Endava positions in Q3 2019 and 9 closed out, a net change of +5 holders.
- The largest Endava buyer in Q3 2019 was Wasatch Advisors, an estimated $11.1M added.
- The largest Endava seller in Q3 2019 was Massachusetts Financial Services, an estimated $7.73M sold.
Based on aggregated 13F filings for Q3 2019.