InnovAge Holding
INNV
55 hedge funds and large institutions have $99.2M invested in InnovAge Holding in 2022 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 17 reducing their positions, and 7 closing their positions.
950% more call options, than puts
Call options by funds: $21K | Put options by funds: $2K
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
34% more capital invested
Capital invested by funds: $73.8M → $99.2M (+$25.4M)
18% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 17
6% more funds holding
Funds holding: 52 → 55 (+3)
0.01% more ownership
Funds ownership: 12.42% → 12.44% (+0.01%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KLC
Kent Lake Capital
Reno,
Nevada
|
+$4.24M |
| 2 |
CCM
Coliseum Capital Management
Rowayton,
Connecticut
|
+$2.81M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$1.2M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$957K |
| 5 |
AR
Advisory Research
Chicago,
Illinois
|
+$158K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$22.6M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
-$3.78M |
| 3 |
RA
Royce & Associates
New York
|
-$2.62M |
| 4 |
SCM
SCW Capital Management
Dallas,
Texas
|
-$1.81M |
| 5 |
BlackRock
New York
|
-$268K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fidelity Investments
Boston,
Massachusetts
| $4K | +$1.82K | +398 | +154% |
|
52
Citigroup
New York
| $2K | -$4.83K | -1,056 | -78% |
|
|
CS
53
Credit Suisse
Zurich,
Switzerland
| $1K | +$398 | +87 | +458% |
|
54
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | +$572 | +125 | +116% |
|
|
55
T. Rowe Price Associates
Baltimore,
Maryland
| – | -$22.6M | -5,166,271 | Closed |
|
|
MC
56
Maverick Capital
Dallas,
Texas
| – | -$3.78M | -862,952 | Closed |
|
|
RA
57
Royce & Associates
New York
| – | -$2.62M | -598,000 | Closed |
|
|
SCM
58
SCW Capital Management
Dallas,
Texas
| – | -$1.81M | -413,516 | Closed |
|
59
Millennium Management
New York
| – | -$103K | -23,558 | Closed |
|
|
SOW
60
State of Wyoming
Cheyenne,
Wyoming
| – | -$49K | -11,231 | Closed |
|
61
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$25K | -5,742 | Closed |
|
62
Osaic Holdings
Scottsdale,
Arizona
| – | +$133 | +29 | New |
|
INNV Hedge Fund Activity: Q3 2022 in Review
55 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in InnovAge Holding (INNV) for Q3 2022, worth a combined $99.2M — up 34% from $73.8M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new INNV positions and 7 closed out — a net gain of 3 holders — while 20 added to existing stakes and 17 trimmed.
The largest buyer was Kent Lake Capital, opening a new position worth an estimated $4.24M. The largest seller was T. Rowe Price Associates, exiting entirely with an estimated $22.6M sold.
- 55 institutional investors held InnovAge Holding (INNV) as of Q3 2022, up from 52 in Q2 2022.
- Funds reported $99.2M of InnovAge Holding stock for Q3 2022, up 34% quarter-over-quarter.
- 10 funds opened new InnovAge Holding positions in Q3 2022 and 7 closed out, a net change of +3 holders.
- The largest InnovAge Holding buyer in Q3 2022 was Kent Lake Capital, an estimated $4.24M added.
- The largest InnovAge Holding seller in Q3 2022 was T. Rowe Price Associates, an estimated $22.6M sold.
Based on aggregated 13F filings for Q3 2022.