Endava
DAVA
167 hedge funds and large institutions have $3B invested in Endava in 2021 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 63 increasing their positions, 53 reducing their positions, and 6 closing their positions.
500% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 6
41% more capital invested
Capital invested by funds: $2.13B → $3B (+$869M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
22% more funds holding
Funds holding: 137 → 167 (+30)
19% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 53
3.76% more ownership
Funds ownership: 72.81% → 76.57% (+3.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$90.8M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$61.1M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$13.2M |
| 4 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
+$12.1M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$38.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$28.3M |
| 3 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
-$8.7M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$7.19M |
| 5 |
Morgan Stanley
New York
|
-$6.79M |
DAVA Hedge Fund Activity: Q2 2021 in Review
167 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Endava (DAVA) for Q2 2021, worth a combined $3B — up 41% from $2.13B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new DAVA positions and 6 closed out — a net gain of 30 holders — while 63 added to existing stakes and 53 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $90.8M. The largest seller was Fidelity Investments, cutting an estimated $38.3M.
- 167 institutional investors held Endava (DAVA) as of Q2 2021, up from 137 in Q1 2021.
- Funds reported $3B of Endava stock for Q2 2021, up 41% quarter-over-quarter.
- 36 funds opened new Endava positions in Q2 2021 and 6 closed out, a net change of +30 holders.
- The largest Endava buyer in Q2 2021 was T. Rowe Price Associates, an estimated $90.8M added.
- The largest Endava seller in Q2 2021 was Fidelity Investments, an estimated $38.3M sold.
Based on aggregated 13F filings for Q2 2021.