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Innoviva

193 hedge funds and large institutions have $789M invested in Innoviva in 2023 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 70 increasing their positions, 77 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% less repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 77

6.78% less ownership

Funds ownership: 109.12%102.34% (-6.8%)

8% less funds holding

Funds holding: 209193 (-16)

18% less capital invested

Capital invested by funds: $966M → $789M (-$177M)

26% less call options, than puts

Call options by funds: $93K | Put options by funds: $126K

40% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 35

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
193
Holders Change
-16
Holders Change %
-7.66%
% of All Funds
3.08%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
21
Increased
70
Reduced
77
Closed
35
Calls
$93K
Puts
$126K
Net Calls
-$33K
Net Calls Change
-$125K
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
26
Goldman Sachs
New York
$5.57M -$2.73M -224,669 -31%
Invesco
27
Invesco
Georgia
$5.54M -$851K -70,163 -12%
Russell Investments Group
28
Russell Investments Group
United Kingdom
$5.49M +$263K +21,652 +5%
LSV Asset Management
29
LSV Asset Management
Illinois
$5.38M -$14.1M -1,163,587 -71%
BCM
30
Bridgeway Capital Management
Texas
$5.35M +$1.58M +130,145 +38%
UBS Group
31
UBS Group
Switzerland
$4.82M -$432K -35,563 -8%
Man Group
32
Man Group
United Kingdom
$4.69M -$5.6M -461,468 Closed
N
33
Nuveen
North Carolina
$4.69M -$991K -81,673 -16%
Norges Bank
34
Norges Bank
Norway
$4.68M -$1.11M -91,171 -18%
Principal Financial Group
35
Principal Financial Group
Iowa
$4.41M -$131K -10,829 -3%
DA
36
Denali Advisors
California
$3.91M +$341K +28,071 +9%
RIM
37
Redwood Investment Management
Arizona
$3.5M +$1.12M +92,344 +42%
JP Morgan Chase
38
JP Morgan Chase
New York
$3.37M -$432K -35,643 -11%
Allspring Global Investments
39
Allspring Global Investments
North Carolina
$3.33M +$302K +24,865 +9%
HSA
40
Hussman Strategic Advisors
Maryland
$3.21M
DZ Bank
41
DZ Bank
Germany
$3.03M +$629K +51,862 +24%
ECM
42
ExodusPoint Capital Management
New York
$2.9M +$1.22M +100,140 +64%
Ameriprise
43
Ameriprise
Minnesota
$2.8M -$3.65K -301 -0.1%
Voloridge Investment Management
44
Voloridge Investment Management
Florida
$2.59M +$2.17M +178,600 +346%
New York State Common Retirement Fund
45
New York State Common Retirement Fund
New York
$2.29M -$178K -14,690 -7%
RhumbLine Advisers
46
RhumbLine Advisers
Massachusetts
$2.21M +$129K +10,670 +6%
AA
47
AlphaCentric Advisors
Puerto Rico
$2.07M +$1.32M +109,000 +145%
Legal & General Group
48
Legal & General Group
United Kingdom
$2.05M -$16.8K -1,388 -0.8%
ETC
49
Exchange Traded Concepts
Oklahoma
$2M +$323K +26,626 +18%
Los Angeles Capital Management
50
Los Angeles Capital Management
California
$1.86M -$225K -18,509 -10%

INVA Hedge Fund Activity: Q1 2023 in Review

193 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Innoviva (INVA) for Q1 2023, worth a combined $789M — down 18% from $966M a quarter earlier.

Sellers outnumbered buyers: 35 funds closed out of INVA and 21 opened new positions — a net loss of 14 holders — while 77 trimmed existing stakes and 70 added.

The largest buyer was Putnam Investments, adding an estimated $12.2M. The largest seller was Westfield Capital Management, cutting an estimated $28.5M.

  • 193 institutional investors held Innoviva (INVA) as of Q1 2023, down from 209 in Q4 2022.
  • Funds reported $789M of Innoviva stock for Q1 2023, down 18% quarter-over-quarter.
  • 21 funds opened new Innoviva positions in Q1 2023 and 35 closed out, a net change of -14 holders.
  • The largest Innoviva buyer in Q1 2023 was Putnam Investments, an estimated $12.2M added.
  • The largest Innoviva seller in Q1 2023 was Westfield Capital Management, an estimated $28.5M sold.

Based on aggregated 13F filings for Q1 2023.