Innoviva
INVA
164 hedge funds and large institutions have $974M invested in Innoviva in 2017 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 63 increasing their positions, 51 reducing their positions, and 22 closing their positions.
80% more call options, than puts
Call options by funds: $1.22M | Put options by funds: $679K
24% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 51
5% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 22
0% more funds holding
Funds holding: 164 → 164 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5.65% less ownership
Funds ownership: 75.22% → 69.58% (-5.6%)
14% less capital invested
Capital invested by funds: $1.14B → $974M (-$162M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$16.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$10.1M |
| 3 |
MWNA
Marshall Wace North America
New York
|
+$10M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$8.72M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$7.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$160M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$6.32M |
| 3 |
First Eagle Investment Management
New York
|
-$5.63M |
| 4 |
D.E. Shaw & Co
New York
|
-$5.62M |
| 5 |
Rafferty Asset Management
New York
|
-$4.68M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DCM
176
Driehaus Capital Management
Chicago,
Illinois
| – | -$304K | -22,000 | Closed |
|
177
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$276K | -22,000 | Closed |
|
|
GCP
178
GSA Capital Partners
London,
United Kingdom
| – | -$282K | -20,400 | Closed |
|
|
ZIM
179
Zacks Investment Management
Chicago,
Illinois
| – | -$192K | -13,858 | Closed |
|
|
VI
180
Versor Investments
New York
| – | -$173K | -12,500 | Closed |
|
|
RJA
181
Raymond James & Associates
St Petersburg,
Florida
| – | -$160K | -11,546 | Closed |
|
|
PCM
182
Prelude Capital Management
New York
| – | -$52K | -3,724 | Closed |
|
|
FCMT
183
Founders Capital Management (Texas)
Houston,
Texas
| – | -$11K | -800 | Closed |
|
|
PA
184
Parallel Advisors
San Francisco,
California
| – | -$6K | -555 | Closed |
|
INVA Hedge Fund Activity: Q2 2017 in Review
164 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Innoviva (INVA) for Q2 2017, worth a combined $974M — down 14% from $1.14B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new INVA positions and 22 closed out — a net gain of 1 holder — while 63 added to existing stakes and 51 trimmed.
The largest buyer was Invesco, adding an estimated $16.7M. The largest seller was Baupost Group, exiting entirely with an estimated $160M sold.
- 164 institutional investors held Innoviva (INVA) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $974M of Innoviva stock for Q2 2017, down 14% quarter-over-quarter.
- 23 funds opened new Innoviva positions in Q2 2017 and 22 closed out, a net change of +1 holder.
- The largest Innoviva buyer in Q2 2017 was Invesco, an estimated $16.7M added.
- The largest Innoviva seller in Q2 2017 was Baupost Group, an estimated $160M sold.
Based on aggregated 13F filings for Q2 2017.