Innoviva
INVA
140 hedge funds and large institutions have $955M invested in Innoviva in 2016 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 49 increasing their positions, 46 reducing their positions, and 18 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
44% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 18
4% more funds holding
Funds holding: 134 → 140 (+6)
7% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 46
0% less capital invested
Capital invested by funds: $957M → $955M (-$2.63M)
62% less call options, than puts
Call options by funds: $21M | Put options by funds: $55.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Sarissa Capital Management
Greenwich,
Connecticut
|
+$11.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$7.68M |
| 3 |
Goldman Sachs
New York
|
+$6.05M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.97M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$3.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$31.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$17.8M |
| 3 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$12.9M |
| 4 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
-$6.11M |
| 5 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$3.85M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Walleye Trading
New York
| – | -$36.5K | -3,130 | Closed |
|
|
PIM
152
Partner Investment Management
San Francisco,
California
| – | -$28K | -2,703 | Closed |
|
|
TRCT
153
Tower Research Capital (TRC)
New York
| – | -$21K | -1,908 | Closed |
|
154
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$5K | -479 | Closed |
|
|
MFS
155
MSI Financial Services
Springfield,
Massachusetts
| – | -$5K | -436 | Closed |
|
|
VNA
156
Valley National Advisers
Bethlehem,
Pennsylvania
| – | +$350 | +30 | New |
|
|
VCM
157
Versant Capital Management
Phoenix,
Arizona
| – | +$362 | +31 | New |
|
|
WTB
158
Washington Trust Bank
Spokane,
Washington
| – | +$502 | +43 | New |
|
INVA Hedge Fund Activity: Q3 2016 in Review
140 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Innoviva (INVA) for Q3 2016, worth a combined $955M — down 0.27% from $957M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new INVA positions and 18 closed out — a net gain of 8 holders — while 49 added to existing stakes and 46 trimmed.
The largest buyer was Sarissa Capital Management, opening a new position worth an estimated $11.7M. The largest seller was Baupost Group, cutting an estimated $31.3M.
- 140 institutional investors held Innoviva (INVA) as of Q3 2016, up from 134 in Q2 2016.
- Funds reported $955M of Innoviva stock for Q3 2016, down 0.27% quarter-over-quarter.
- 26 funds opened new Innoviva positions in Q3 2016 and 18 closed out, a net change of +8 holders.
- The largest Innoviva buyer in Q3 2016 was Sarissa Capital Management, an estimated $11.7M added.
- The largest Innoviva seller in Q3 2016 was Baupost Group, an estimated $31.3M sold.
Based on aggregated 13F filings for Q3 2016.