Innoviva
INVA
110 hedge funds and large institutions have $1.54B invested in Innoviva in 2015 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 47 increasing their positions, 27 reducing their positions, and 19 closing their positions.
74% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 27
13% more capital invested
Capital invested by funds: $1.37B → $1.54B (+$178M)
4% less funds holding
Funds holding: 114 → 110 (-4)
16% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 19
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
96% less call options, than puts
Call options by funds: $1.5M | Put options by funds: $40.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$24.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$12.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.79M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.27M |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
+$5.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$40.5M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$28.7M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$8.77M |
| 4 |
State Street
Boston,
Massachusetts
|
-$5.48M |
| 5 |
First Manhattan
New York
|
-$4M |
INVA Hedge Fund Activity: Q1 2015 in Review
110 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Innoviva (INVA) for Q1 2015, worth a combined $1.54B — up 13% from $1.37B a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of INVA and 16 opened new positions — a net loss of 3 holders — while 27 trimmed existing stakes and 47 added.
The largest buyer was Iridian Asset Management, adding an estimated $24.2M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $40.5M.
- 110 institutional investors held Innoviva (INVA) as of Q1 2015, down from 114 in Q4 2014.
- Funds reported $1.54B of Innoviva stock for Q1 2015, up 13% quarter-over-quarter.
- 16 funds opened new Innoviva positions in Q1 2015 and 19 closed out, a net change of -3 holders.
- The largest Innoviva buyer in Q1 2015 was Iridian Asset Management, an estimated $24.2M added.
- The largest Innoviva seller in Q1 2015 was Manulife (Manufacturers Life Insurance), an estimated $40.5M sold.
Based on aggregated 13F filings for Q1 2015.