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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
VIA
101
Virtus Investment Advisers
Connecticut
$365K -$13.6K -1,118 -3%
AIM
102
Aigen Investment Management
New York
$360K -$190K -15,693 -33%
LSERS
103
Louisiana State Employees Retirement System
Louisiana
$330K -$6.07K -500 -2%
Mirae Asset Global Investments
104
Mirae Asset Global Investments
South Korea
$326K -$1.04K -86 -0.3%
AB
105
Amalgamated Bank
New York
$322K -$23.5K -1,935 -6%
ECM
106
EMC Capital Management
Texas
$322K
Janus Henderson Group
107
Janus Henderson Group
United Kingdom
$318K -$798K -65,738 -70%
PAM
108
Panagora Asset Management
Massachusetts
$314K +$339K +27,923 New
State Board of Administration of Florida Retirement System
109
State Board of Administration of Florida Retirement System
Florida
$311K -$1.02M -84,312 -75%
GAM
110
Gotham Asset Management
New York
$301K -$159K -13,140 -33%
MSRPS
111
Maryland State Retirement & Pension System
Maryland
$289K
Manulife (Manufacturers Life Insurance)
112
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$275K
CANY
113
Caxton Associates (New York)
New York
$268K +$106K +8,695 +57%
VOYA Investment Management
114
VOYA Investment Management
Georgia
$268K -$5.24K -432 -2%
Victory Capital Management
115
Victory Capital Management
Texas
$261K -$1.28M -105,572 -82%
NC
116
NinePointTwo Capital
California
$259K +$280K +23,093 New
MPM
117
Meritage Portfolio Management
Kansas
$247K +$11.2K +921 +4%
MFS
118
Mirabella Financial Services
United Kingdom
$245K +$264K +21,736 New
CI Investments Inc
119
CI Investments Inc
Ontario, Canada
$239K +$12.6K +1,040 +5%
OPERF
120
Oregon Public Employees Retirement Fund
Oregon
$234K -$607 -50 -0.2%
TRSOTSOK
121
Teachers Retirement System of the State of Kentucky
Kentucky
$232K
Balyasny Asset Management
122
Balyasny Asset Management
Illinois
$231K +$249K +20,542 New
Walleye Capital
123
Walleye Capital
New York
$231K +$249K +20,538 New
SAM
124
Shell Asset Management
Netherlands
$225K -$849 -70 -0.3%
Teacher Retirement System of Texas
125
Teacher Retirement System of Texas
Texas
$218K +$43K +3,547 +22%

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.