Innoviva
INVA
144 hedge funds and large institutions have $947M invested in Innoviva in 2016 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 43 increasing their positions, 44 reducing their positions, and 30 closing their positions.
84% more call options, than puts
Call options by funds: $14.5M | Put options by funds: $7.89M
81.37% more ownership
Funds ownership: 0% → 81.37% (+81%)
23% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 30
3% more funds holding
Funds holding: 140 → 144 (+4)
1% less capital invested
Capital invested by funds: $955M → $947M (-$7.76M)
2% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 44
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$43.1M |
| 2 |
SCM
Sarissa Capital Management
Greenwich,
Connecticut
|
+$20.7M |
| 3 |
Bank of New York Mellon
New York
|
+$8.42M |
| 4 |
GL
GLG LLC
New York
|
+$7.59M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$6.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Litespeed Management
New York
|
-$32.7M |
| 2 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$29.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.04M |
| 4 |
Goldman Sachs
New York
|
-$7.74M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$6.74M |
INVA Hedge Fund Activity: Q4 2016 in Review
144 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Innoviva (INVA) for Q4 2016, worth a combined $947M — down 0.81% from $955M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new INVA positions and 30 closed out — a net gain of 7 holders — while 43 added to existing stakes and 44 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $43.1M. The largest seller was Litespeed Management, exiting entirely with an estimated $32.7M sold.
- 144 institutional investors held Innoviva (INVA) as of Q4 2016, up from 140 in Q3 2016.
- Funds reported $947M of Innoviva stock for Q4 2016, down 0.81% quarter-over-quarter.
- 37 funds opened new Innoviva positions in Q4 2016 and 30 closed out, a net change of +7 holders.
- The largest Innoviva buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $43.1M added.
- The largest Innoviva seller in Q4 2016 was Litespeed Management, an estimated $32.7M sold.
Based on aggregated 13F filings for Q4 2016.