Innoviva
INVA
199 hedge funds and large institutions have $898M invested in Innoviva in 2023 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 63 increasing their positions, 80 reducing their positions, and 21 closing their positions.
46% more call options, than puts
Call options by funds: $328K | Put options by funds: $225K
33% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 21
14% more capital invested
Capital invested by funds: $789M → $898M (+$109M)
5.4% more ownership
Funds ownership: 102.34% → 107.73% (+5.4%)
3% more funds holding
Funds holding: 193 → 199 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
21% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 80
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$11M |
| 2 |
SCM
Sarissa Capital Management
Greenwich,
Connecticut
|
+$8.3M |
| 3 |
Goldman Sachs
New York
|
+$6.57M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5M |
| 5 |
Man Group
London,
United Kingdom
|
+$4.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$8.73M |
| 2 |
BlackRock
New York
|
-$8.02M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
-$5.62M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.12M |
| 5 |
Morgan Stanley
New York
|
-$3.55M |
INVA Hedge Fund Activity: Q2 2023 in Review
199 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Innoviva (INVA) for Q2 2023, worth a combined $898M — up 14% from $789M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new INVA positions and 21 closed out — a net gain of 7 holders — while 63 added to existing stakes and 80 trimmed.
The largest buyer was Russell Investments Group, adding an estimated $11M. The largest seller was Pacer Advisors, cutting an estimated $8.73M.
- 199 institutional investors held Innoviva (INVA) as of Q2 2023, up from 193 in Q1 2023.
- Funds reported $898M of Innoviva stock for Q2 2023, up 14% quarter-over-quarter.
- 28 funds opened new Innoviva positions in Q2 2023 and 21 closed out, a net change of +7 holders.
- The largest Innoviva buyer in Q2 2023 was Russell Investments Group, an estimated $11M added.
- The largest Innoviva seller in Q2 2023 was Pacer Advisors, an estimated $8.73M sold.
Based on aggregated 13F filings for Q2 2023.