Enovix
ENVX
265 hedge funds and large institutions have $661M invested in Enovix in 2024 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 111 increasing their positions, 78 reducing their positions, and 52 closing their positions.
124% more call options, than puts
Call options by funds: $197M | Put options by funds: $87.9M
42% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 78
3.72% less ownership
Funds ownership: 59.48% → 55.76% (-3.7%)
7% less funds holding
Funds holding: 286 → 265 (-21)
35% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 52
39% less capital invested
Capital invested by funds: $1.09B → $661M (-$431M)
71% less funds holding in top 10
Funds holding in top 10: 7 → 2 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECP
Electron Capital Partners
New York
|
+$23.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$15.2M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$13.7M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$12.8M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$2.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$23.9M |
| 2 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$19.6M |
| 3 |
Two Sigma Investments
New York
|
-$14.4M |
| 4 |
Morgan Stanley
New York
|
-$11.9M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$8.66M |
ENVX Hedge Fund Activity: Q1 2024 in Review
265 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Enovix (ENVX) for Q1 2024, worth a combined $661M — down 39% from $1.09B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of ENVX and 34 opened new positions — a net loss of 18 holders — while 78 trimmed existing stakes and 111 added.
The largest buyer was Electron Capital Partners, adding an estimated $23.6M. The largest seller was Bank of Montreal, cutting an estimated $23.9M.
- 265 institutional investors held Enovix (ENVX) as of Q1 2024, down from 286 in Q4 2023.
- Funds reported $661M of Enovix stock for Q1 2024, down 39% quarter-over-quarter.
- 34 funds opened new Enovix positions in Q1 2024 and 52 closed out, a net change of -18 holders.
- The largest Enovix buyer in Q1 2024 was Electron Capital Partners, an estimated $23.6M added.
- The largest Enovix seller in Q1 2024 was Bank of Montreal, an estimated $23.9M sold.
Based on aggregated 13F filings for Q1 2024.