Innoviva
INVA
214 hedge funds and large institutions have $903M invested in Innoviva in 2022 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 87 increasing their positions, 67 reducing their positions, and 34 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 67
3% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 34
1.34% less ownership
Funds ownership: 112.88% → 111.55% (-1.3%)
2% less funds holding
Funds holding: 218 → 214 (-4)
23% less capital invested
Capital invested by funds: $1.17B → $903M (-$265M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$16.9M |
| 2 |
Millennium Management
New York
|
+$16.2M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
+$7.25M |
| 4 |
Man Group
London,
United Kingdom
|
+$6.66M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$5.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$17M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$10.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$9.3M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$8.43M |
| 5 |
Renaissance Technologies
New York
|
-$7.31M |
INVA Hedge Fund Activity: Q3 2022 in Review
214 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Innoviva (INVA) for Q3 2022, worth a combined $903M — down 23% from $1.17B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of INVA and 33 opened new positions — a net loss of 1 holder — while 67 trimmed existing stakes and 87 added.
The largest buyer was Putnam Investments, adding an estimated $16.9M. The largest seller was Bank of America, cutting an estimated $17M.
- 214 institutional investors held Innoviva (INVA) as of Q3 2022, down from 218 in Q2 2022.
- Funds reported $903M of Innoviva stock for Q3 2022, down 23% quarter-over-quarter.
- 33 funds opened new Innoviva positions in Q3 2022 and 34 closed out, a net change of -1 holder.
- The largest Innoviva buyer in Q3 2022 was Putnam Investments, an estimated $16.9M added.
- The largest Innoviva seller in Q3 2022 was Bank of America, an estimated $17M sold.
Based on aggregated 13F filings for Q3 2022.