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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
BNP Paribas Financial Markets
126
BNP Paribas Financial Markets
France
$214K +$168K +13,878 +272%
GCM
127
Gallacher Capital Management
Colorado
$210K +$226K +18,631 New
Franklin Resources
128
Franklin Resources
California
$208K +$2.4K +198 +1%
ASRS
129
Arizona State Retirement System
Arizona
$205K +$6.02K +496 +3%
Two Sigma Investments
130
Two Sigma Investments
New York
$200K -$1.94M -159,595 -90%
ACM
131
Acrisure Capital Management
Texas
$196K +$212K +17,451 New
Wells Fargo
132
Wells Fargo
California
$194K -$225K -18,506 -52%
VI
133
Versor Investments
New York
$171K +$5.86K +483 +3%
Public Employees Retirement Association of Colorado
134
Public Employees Retirement Association of Colorado
Colorado
$169K
CL
135
CSS LLC
Illinois
$169K +$182K +15,000 New
SOW
136
State of Wyoming
Wyoming
$164K +$95.4K +7,862 +117%
Handelsbanken Fonder
137
Handelsbanken Fonder
Sweden
$163K
ProShare Advisors
138
ProShare Advisors
Maryland
$156K -$22.6K -1,860 -12%
PA
139
Profund Advisors
Maryland
$153K +$165K +13,621 New
ETM
140
Euclidean Technologies Management
Washington
$146K
MOACM
141
Mutual of America Capital Management
New York
$146K -$2.78K -229 -2%
Mercer Global Advisors
142
Mercer Global Advisors
Colorado
$140K +$152K +12,487 New
GC
143
Grimes & Company
Massachusetts
$137K +$13.1K +1,078 +10%
Bank of Montreal
144
Bank of Montreal
Ontario, Canada
$128K +$63.3K +5,216 +85%
TMAM
145
Tokio Marine Asset Management
Japan
$122K +$131K +10,800 New
Amundi
146
Amundi
France
$116K +$104K +8,547 +611%
CC
147
Centiva Capital
New York
$115K +$124K +10,192 New
QT
148
Quantamental Technologies
New York
$113K +$122K +10,082 New
Zurich Cantonal Bank
149
Zurich Cantonal Bank
Switzerland
$95.6K -$16.9K -1,391 -14%
NVCHI
150
New Vernon Capital Holdings II
New Jersey
$93.4K

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.