InnovAge Holding
INNV
67 hedge funds and large institutions have $102M invested in InnovAge Holding in 2021 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 25 increasing their positions, 18 reducing their positions, and 25 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 18
3.53% less ownership
Funds ownership: 14.82% → 11.29% (-3.5%)
8% less funds holding
Funds holding: 73 → 67 (-6)
24% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 25
76% less capital invested
Capital invested by funds: $428M → $102M (-$326M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$13.3M |
| 2 |
Morgan Stanley
New York
|
+$5.08M |
| 3 |
MC
Maverick Capital
Dallas,
Texas
|
+$4.76M |
| 4 |
Millennium Management
New York
|
+$3.9M |
| 5 |
D.E. Shaw & Co
New York
|
+$2.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$27.3M |
| 2 |
RG
Redmile Group
San Francisco,
California
|
-$18M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$17.2M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$14.8M |
| 5 |
BAMCO Inc
New York
|
-$10.7M |
INNV Hedge Fund Activity: Q3 2021 in Review
67 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in InnovAge Holding (INNV) for Q3 2021, worth a combined $102M — down 76% from $428M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of INNV and 19 opened new positions — a net loss of 6 holders — while 18 trimmed existing stakes and 25 added.
The largest buyer was Bank of New York Mellon, adding an estimated $13.3M. The largest seller was Victory Capital Management, exiting entirely with an estimated $27.3M sold.
- 67 institutional investors held InnovAge Holding (INNV) as of Q3 2021, down from 73 in Q2 2021.
- Funds reported $102M of InnovAge Holding stock for Q3 2021, down 76% quarter-over-quarter.
- 19 funds opened new InnovAge Holding positions in Q3 2021 and 25 closed out, a net change of -6 holders.
- The largest InnovAge Holding buyer in Q3 2021 was Bank of New York Mellon, an estimated $13.3M added.
- The largest InnovAge Holding seller in Q3 2021 was Victory Capital Management, an estimated $27.3M sold.
Based on aggregated 13F filings for Q3 2021.