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Innoviva

114 hedge funds and large institutions have $1.37B invested in Innoviva in 2014 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 43 increasing their positions, 34 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 34

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

5% less funds holding

Funds holding: 120114 (-6)

16% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 25

16% less capital invested

Capital invested by funds: $1.63B → $1.37B (-$262M)

52% less call options, than puts

Call options by funds: $4.12M | Put options by funds: $8.62M

Holders
114
Holders Change
-6
Holders Change %
-5%
% of All Funds
3.04%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
21
Increased
43
Reduced
34
Closed
25
Calls
$4.12M
Puts
$8.62M
Net Calls
-$4.5M
Net Calls Change
-$2.58M
Name Holding Trade Value Shares
Change
Change in
Stake
BG
1
Baupost Group
Massachusetts
$280M
Fidelity Investments
2
Fidelity Investments
Massachusetts
$242M +$31.6M +2,103,759 +14%
IAM
3
Iridian Asset Management
Connecticut
$130M +$15.3M +1,019,850 +12%
Vanguard Group
4
Vanguard Group
Pennsylvania
$70.1M +$1.58M +105,234 +2%
BFA
5
BlackRock Fund Advisors
California
$61.4M +$12M +799,403 +23%
O
6
OppenheimerFunds
New York
$61.1M +$181K +12,050 +0.3%
PC
7
Perry Capital
New York
$57M +$33M +2,195,637 +120%
State Street
8
State Street
Massachusetts
$52M +$9.96M +663,009 +22%
Capital World Investors
9
Capital World Investors
California
$45.2M -$43.9M -2,924,777 -48%
LM
10
Litespeed Management
New York
$37.8M
CPM
11
Chesapeake Partners Management
Maryland
$35.5M -$4.27M -284,142 -10%
BIT
12
BlackRock Institutional Trust
California
$30.5M +$229K +15,255 +0.7%
Bank of America
13
Bank of America
North Carolina
$27.5M +$2.85M +189,771 +11%
ECP
14
Empyrean Capital Partners
California
$23.8M +$25.2M +1,679,889 New
First Eagle Investment Management
15
First Eagle Investment Management
New York
$22.6M
Bank of New York Mellon
16
Bank of New York Mellon
New York
$17.1M +$11.8M +787,499 +188%
BB
17
BB Biotech
Switzerland
$14.8M +$4.51M +300,000 +40%
Northern Trust
18
Northern Trust
Illinois
$12.7M -$511K -33,980 -4%
Nomura Holdings
19
Nomura Holdings
Japan
$9.8M +$823K +54,750 +9%
Norges Bank
20
Norges Bank
Norway
$9.77M
Deutsche Bank
21
Deutsche Bank
Germany
$9.2M +$7.3M +485,840 +296%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$7.13M +$392K +26,096 +5%
GC
23
Guggenheim Capital
Illinois
$6.93M +$2.59M +172,642 +54%
State of New Jersey Common Pension Fund D
24
State of New Jersey Common Pension Fund D
New Jersey
$6.21M
PCM
25
Proxima Capital Management
New York
$5.91M -$7.48M -497,566 -54%

INVA Hedge Fund Activity: Q4 2014 in Review

114 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Innoviva (INVA) for Q4 2014, worth a combined $1.37B — down 16% from $1.63B a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of INVA and 21 opened new positions — a net loss of 4 holders — while 34 trimmed existing stakes and 43 added.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $40.4M. The largest seller was Capital World Investors, cutting an estimated $43.9M.

  • 114 institutional investors held Innoviva (INVA) as of Q4 2014, down from 120 in Q3 2014.
  • Funds reported $1.37B of Innoviva stock for Q4 2014, down 16% quarter-over-quarter.
  • 21 funds opened new Innoviva positions in Q4 2014 and 25 closed out, a net change of -4 holders.
  • The largest Innoviva buyer in Q4 2014 was Manulife (Manufacturers Life Insurance), an estimated $40.4M added.
  • The largest Innoviva seller in Q4 2014 was Capital World Investors, an estimated $43.9M sold.

Based on aggregated 13F filings for Q4 2014.