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Innoviva

110 hedge funds and large institutions have $1.54B invested in Innoviva in 2015 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 47 increasing their positions, 27 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

74% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 27

13% more capital invested

Capital invested by funds: $1.37B → $1.54B (+$178M)

4% less funds holding

Funds holding: 114110 (-4)

16% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 19

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

96% less call options, than puts

Call options by funds: $1.5M | Put options by funds: $40.3M

Holders
110
Holders Change
-4
Holders Change %
-3.51%
% of All Funds
2.93%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
16
Increased
47
Reduced
27
Closed
19
Calls
$1.5M
Puts
$40.3M
Net Calls
-$38.8M
Net Calls Change
-$34.3M
Name Holding Trade Value Shares
Change
Change in
Stake
BG
1
Baupost Group
Massachusetts
$312M
Fidelity Investments
2
Fidelity Investments
Massachusetts
$275M +$6.27M +414,197 +2%
IAM
3
Iridian Asset Management
Connecticut
$170M +$24.2M +1,598,833 +17%
Vanguard Group
4
Vanguard Group
Pennsylvania
$86M +$7.79M +515,055 +10%
BFA
5
BlackRock Fund Advisors
California
$70.3M +$1.98M +130,692 +3%
O
6
OppenheimerFunds
New York
$67.9M +$13.4K +883 +0%
PC
7
Perry Capital
New York
$63.3M
State Street
8
State Street
Massachusetts
$52M -$5.48M -362,366 -10%
CPM
9
Chesapeake Partners Management
Maryland
$42.1M +$2.64M +174,533 +7%
LM
10
Litespeed Management
New York
$42M
BIT
11
BlackRock Institutional Trust
California
$33.9M +$30.5K +2,014 +0.1%
Bank of America
12
Bank of America
North Carolina
$32.2M +$1.54M +101,667 +5%
ECP
13
Empyrean Capital Partners
California
$28.3M +$1.82M +120,111 +7%
First Eagle Investment Management
14
First Eagle Investment Management
New York
$26.4M +$1.32M +87,290 +5%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$21.1M +$2.02M +133,663 +11%
Capital World Investors
16
Capital World Investors
California
$20.4M -$28.7M -1,897,000 -59%
Norges Bank
17
Norges Bank
Norway
$14.6M +$3.58M +236,682 +34%
Northern Trust
18
Northern Trust
Illinois
$14.2M +$122K +8,056 +0.9%
BB
19
BB Biotech
Switzerland
$13.1M -$3.2M -211,650 -20%
Invesco
20
Invesco
Georgia
$12.6M +$12.1M +799,177 New
Nomura Holdings
21
Nomura Holdings
Japan
$11.5M +$669K +44,221 +6%
Wells Fargo
22
Wells Fargo
California
$10.9M +$5.22M +344,901 +100%
GC
23
Guggenheim Capital
Illinois
$9.9M +$2.11M +139,702 +29%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$8.07M +$148K +9,763 +2%
State of New Jersey Common Pension Fund D
25
State of New Jersey Common Pension Fund D
New Jersey
$6.9M

INVA Hedge Fund Activity: Q1 2015 in Review

110 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Innoviva (INVA) for Q1 2015, worth a combined $1.54B — up 13% from $1.37B a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of INVA and 16 opened new positions — a net loss of 3 holders — while 27 trimmed existing stakes and 47 added.

The largest buyer was Iridian Asset Management, adding an estimated $24.2M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $40.5M.

  • 110 institutional investors held Innoviva (INVA) as of Q1 2015, down from 114 in Q4 2014.
  • Funds reported $1.54B of Innoviva stock for Q1 2015, up 13% quarter-over-quarter.
  • 16 funds opened new Innoviva positions in Q1 2015 and 19 closed out, a net change of -3 holders.
  • The largest Innoviva buyer in Q1 2015 was Iridian Asset Management, an estimated $24.2M added.
  • The largest Innoviva seller in Q1 2015 was Manulife (Manufacturers Life Insurance), an estimated $40.5M sold.

Based on aggregated 13F filings for Q1 2015.