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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
VI
76
Vestcor Inc
New Brunswick, Canada
$676K -$378K -31,153 -34%
Canada Life
77
Canada Life
Manitoba, Canada
$672K
Citigroup
78
Citigroup
New York
$654K +$94.8K +7,811 +16%
TPSF
79
Texas Permanent School Fund
Texas
$629K +$166K +13,678 +32%
SIM
80
SummerHaven Investment Management
Connecticut
$621K +$17.8K +1,469 +3%
AssetMark Inc
81
AssetMark Inc
California
$600K +$159K +13,140 +33%
VRS
82
Virginia Retirement Systems
Virginia
$581K -$66.7K -5,500 -10%
Susquehanna International Group
83
Susquehanna International Group
Pennsylvania
$578K +$235K +19,376 +60%
DekaBank Deutsche Girozentrale
84
DekaBank Deutsche Girozentrale
Germany
$547K
Envestnet Asset Management
85
Envestnet Asset Management
Illinois
$544K -$2.24M -184,232 -79%
GC
86
Guggenheim Capital
Illinois
$537K +$27.6K +2,274 +5%
T. Rowe Price Associates
87
T. Rowe Price Associates
Maryland
$521K +$7.28K +600 +1%
HighTower Advisors
88
HighTower Advisors
Illinois
$504K +$99K +8,161 +22%
PNC Financial Services Group
89
PNC Financial Services Group
Pennsylvania
$486K -$272K -22,397 -34%
SOADOR
90
State of Alaska Department of Revenue
Alaska
$483K -$8.8K -725 -2%
NYLIM
91
New York Life Investment Management
New York
$477K +$158K +13,053 +45%
State of Tennessee, Department of Treasury
92
State of Tennessee, Department of Treasury
Tennessee
$471K -$44.5K -3,668 -8%
YCM
93
Yousif Capital Management
Michigan
$461K -$51.8K -4,270 -9%
KCM
94
Kendall Capital Management
Maryland
$455K -$3.58K -295 -0.7%
Jane Street
95
Jane Street
New York
$445K +$94K +7,750 +24%
SSA
96
Schonfeld Strategic Advisors
New York
$397K -$596K -49,155 -58%
AIG
97
American International Group
New York
$388K +$1.91K +157 +0.5%
SG Americas Securities
98
SG Americas Securities
New York
$380K -$193K -15,874 -32%
Truist Financial
99
Truist Financial
North Carolina
$379K
MIM
100
MetLife Investment Management
New Jersey
$372K

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.