Innoviva
INVA
164 hedge funds and large institutions have $1.14B invested in Innoviva in 2017 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 55 increasing their positions, 48 reducing their positions, and 18 closing their positions.
144% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 18
20% more capital invested
Capital invested by funds: $947M → $1.14B (+$189M)
15% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 48
14% more funds holding
Funds holding: 144 → 164 (+20)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6.15% less ownership
Funds ownership: 81.37% → 75.22% (-6.1%)
28% less call options, than puts
Call options by funds: $872K | Put options by funds: $1.21M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$141M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$8.39M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.67M |
| 4 |
D.E. Shaw & Co
New York
|
+$6.47M |
| 5 |
SCM
Sarissa Capital Management
Greenwich,
Connecticut
|
+$5.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$81.5M |
| 2 |
BG
Baupost Group
Boston,
Massachusetts
|
-$39.5M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$5.06M |
| 4 |
GL
GLG LLC
New York
|
-$4.12M |
| 5 |
First Eagle Investment Management
New York
|
-$3.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAM
176
Panagora Asset Management
Boston,
Massachusetts
| – | -$58K | -5,439 | Closed |
|
|
AP
177
Advisors Preferred
Rockville,
Maryland
| – | -$12K | -1,088 | Closed |
|
178
Creative Planning
Overland Park,
Kansas
| – | -$5K | -500 | Closed |
|
179
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$5K | -423 | Closed |
|
|
TRCT
180
Tower Research Capital (TRC)
New York
| – | -$2K | -200 | Closed |
|
|
VCM
181
Versant Capital Management
Phoenix,
Arizona
| – | -$365 | -31 | -30% |
|
INVA Hedge Fund Activity: Q1 2017 in Review
164 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Innoviva (INVA) for Q1 2017, worth a combined $1.14B — up 20% from $947M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new INVA positions and 18 closed out — a net gain of 26 holders — while 55 added to existing stakes and 48 trimmed.
The largest buyer was BlackRock, adding an estimated $141M. The largest seller was Iridian Asset Management, exiting entirely with an estimated $81.5M sold.
- 164 institutional investors held Innoviva (INVA) as of Q1 2017, up from 144 in Q4 2016.
- Funds reported $1.14B of Innoviva stock for Q1 2017, up 20% quarter-over-quarter.
- 44 funds opened new Innoviva positions in Q1 2017 and 18 closed out, a net change of +26 holders.
- The largest Innoviva buyer in Q1 2017 was BlackRock, an estimated $141M added.
- The largest Innoviva seller in Q1 2017 was Iridian Asset Management, an estimated $81.5M sold.
Based on aggregated 13F filings for Q1 2017.