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Innoviva

99 hedge funds and large institutions have $992M invested in Innoviva in 2015 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 34 increasing their positions, 32 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

15% more call options, than puts

Call options by funds: $1.04M | Put options by funds: $908K

6% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 32

1% less capital invested

Capital invested by funds: $1B → $992M (-$9.7M)

17% less funds holding

Funds holding: 11999 (-20)

59% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 34

Holders
99
Holders Change
-20
Holders Change %
-16.81%
% of All Funds
2.6%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.08%
New
14
Increased
34
Reduced
32
Closed
34
Calls
$1.04M
Puts
$908K
Net Calls
+$134K
Net Calls Change
+$627K
Name Holding Trade Value Shares
Change
Change in
Stake
BG
1
Baupost Group
Massachusetts
$209M
Fidelity Investments
2
Fidelity Investments
Massachusetts
$186M +$413K +44,858 +0.3%
IAM
3
Iridian Asset Management
Connecticut
$131M -$832K -90,438 -0.7%
Vanguard Group
4
Vanguard Group
Pennsylvania
$62.8M +$1.3M +141,703 +2%
BFA
5
BlackRock Fund Advisors
California
$46.6M -$2.77M -301,580 -6%
ECP
6
Empyrean Capital Partners
California
$37.3M +$7.33M +796,556 +29%
LM
7
Litespeed Management
New York
$31.4M +$2.84M +308,517 +12%
CPM
8
Chesapeake Partners Management
Maryland
$26.7M -$2.76M -300,197 -11%
PHS
9
PFM Health Sciences
California
$24.4M +$21.3M +2,311,681 New
BIT
10
BlackRock Institutional Trust
California
$23.1M +$1.46M +158,643 +8%
State Street
11
State Street
Massachusetts
$22.5M -$10M -1,089,904 -34%
Bank of America
12
Bank of America
North Carolina
$19.1M -$2.49M -270,989 -13%
CC
13
Clearline Capital
New York
$16.8M +$4.08M +443,964 +39%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$15.7M +$1.41M +152,869 +11%
Invesco
15
Invesco
Georgia
$13.2M +$2.43M +264,617 +27%
AC
16
Armistice Capital
New York
$12.3M -$5.43M -591,000 -44%
Wells Fargo
17
Wells Fargo
California
$12.2M +$1.69M +183,925 +19%
Northern Trust
18
Northern Trust
Illinois
$9.52M -$1.02M -110,652 -11%
AAM
19
Advisors Asset Management
Colorado
$9.47M +$4.91M +533,674 +146%
GL
20
GLG LLC
New York
$6.43M +$3.1M +336,939 +124%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$5.86M +$84.9K +9,237 +2%
State of Wisconsin Investment Board
22
State of Wisconsin Investment Board
Wisconsin
$5.27M
Lazard Asset Management
23
Lazard Asset Management
New York
$5.17M +$2.28M +248,402 +103%
New York State Common Retirement Fund
24
New York State Common Retirement Fund
New York
$4.92M
T. Rowe Price Associates
25
T. Rowe Price Associates
Maryland
$4.42M -$107K -11,590 -3%

INVA Hedge Fund Activity: Q4 2015 in Review

99 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Innoviva (INVA) for Q4 2015, worth a combined $992M — down 0.97% from $1B a quarter earlier.

Sellers outnumbered buyers: 34 funds closed out of INVA and 14 opened new positions — a net loss of 20 holders — while 32 trimmed existing stakes and 34 added.

The largest buyer was PFM Health Sciences, opening a new position worth an estimated $21.3M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $280M sold.

  • 99 institutional investors held Innoviva (INVA) as of Q4 2015, down from 119 in Q3 2015.
  • Funds reported $992M of Innoviva stock for Q4 2015, down 0.97% quarter-over-quarter.
  • 14 funds opened new Innoviva positions in Q4 2015 and 34 closed out, a net change of -20 holders.
  • The largest Innoviva buyer in Q4 2015 was PFM Health Sciences, an estimated $21.3M added.
  • The largest Innoviva seller in Q4 2015 was Americafirst Capital Management, an estimated $280M sold.

Based on aggregated 13F filings for Q4 2015.