Innoviva
INVA
149 hedge funds and large institutions have $4.11B invested in Innoviva in 2013 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 63 increasing their positions, 43 reducing their positions, and 26 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 43
35% more call options, than puts
Call options by funds: $35.8M | Put options by funds: $26.6M
23% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 26
4% more funds holding
Funds holding: 143 → 149 (+6)
4% less capital invested
Capital invested by funds: $4.28B → $4.11B (-$165M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
+$59.3M |
| 2 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$43.8M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$20.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$18.2M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$16.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$182M |
| 2 |
O
OppenheimerFunds
New York
|
-$137M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$57.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$40.9M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$30.2M |
INVA Hedge Fund Activity: Q4 2013 in Review
149 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Innoviva (INVA) for Q4 2013, worth a combined $4.11B — down 3.9% from $4.28B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new INVA positions and 26 closed out — a net gain of 6 holders — while 63 added to existing stakes and 43 trimmed.
The largest buyer was Baupost Group, adding an estimated $59.3M. The largest seller was BNP Paribas Financial Markets, exiting entirely with an estimated $182M sold.
- 149 institutional investors held Innoviva (INVA) as of Q4 2013, up from 143 in Q3 2013.
- Funds reported $4.11B of Innoviva stock for Q4 2013, down 3.9% quarter-over-quarter.
- 32 funds opened new Innoviva positions in Q4 2013 and 26 closed out, a net change of +6 holders.
- The largest Innoviva buyer in Q4 2013 was Baupost Group, an estimated $59.3M added.
- The largest Innoviva seller in Q4 2013 was BNP Paribas Financial Markets, an estimated $182M sold.
Based on aggregated 13F filings for Q4 2013.