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Innoviva

134 hedge funds and large institutions have $957M invested in Innoviva in 2016 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 48 increasing their positions, 42 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

180% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 10

16% more funds holding

Funds holding: 116134 (+18)

14% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 42

20% less capital invested

Capital invested by funds: $1.19B → $957M (-$235M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

96% less call options, than puts

Call options by funds: $943K | Put options by funds: $21.5M

Holders
134
Holders Change
+18
Holders Change %
+15.52%
% of All Funds
3.58%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
28
Increased
48
Reduced
42
Closed
10
Calls
$943K
Puts
$21.5M
Net Calls
-$20.6M
Net Calls Change
-$37.8M
Name Holding Trade Value Shares
Change
Change in
Stake
BG
1
Baupost Group
Massachusetts
$185M -$26.1M -2,205,892 -11%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$180M -$712K -60,216 -0.4%
IAM
3
Iridian Asset Management
Connecticut
$114M -$16.4M -1,389,160 -11%
Vanguard Group
4
Vanguard Group
Pennsylvania
$61M +$1.22M +103,080 +2%
BFA
5
BlackRock Fund Advisors
California
$43.8M -$848K -71,708 -2%
First Eagle Investment Management
6
First Eagle Investment Management
New York
$35.3M +$1.54M +129,800 +4%
ECP
7
Empyrean Capital Partners
California
$35.2M -$3.78M -319,192 -9%
LM
8
Litespeed Management
New York
$31.4M
BIT
9
BlackRock Institutional Trust
California
$23.7M +$1.21M +102,273 +5%
State Street
10
State Street
Massachusetts
$20.1M +$1.13M +95,725 +5%
Bank of America
11
Bank of America
North Carolina
$15.5M +$322K +27,173 +2%
Wells Fargo
12
Wells Fargo
California
$12.1M +$667K +56,403 +5%
AAM
13
Advisors Asset Management
Colorado
$10.9M -$376K -31,776 -3%
Northern Trust
14
Northern Trust
Illinois
$10.9M -$227K -19,219 -2%
Invesco
15
Invesco
Georgia
$9.08M +$2.72M +230,034 +36%
Nomura Holdings
16
Nomura Holdings
Japan
$8.27M +$7.96M +672,631 +662%
CPM
17
Chesapeake Partners Management
Maryland
$8.27M -$20.6M -1,744,662 -69%
Arrowstreet Capital
18
Arrowstreet Capital
Massachusetts
$7.26M +$5.25M +443,767 +180%
Goldman Sachs
19
Goldman Sachs
New York
$7M +$6.11M +516,252 +348%
Norges Bank
20
Norges Bank
Norway
$6.23M +$7M +591,759 New
Geode Capital Management
21
Geode Capital Management
Massachusetts
$6.18M +$125K +10,586 +2%
EAM
22
EverPoint Asset Management
Connecticut
$6.11M +$828K +70,000 +14%
Millennium Management
23
Millennium Management
New York
$6.06M -$9.5M -802,677 -58%
Point72 Asset Management
24
Point72 Asset Management
Connecticut
$6.01M +$1.84M +155,800 +38%
D.E. Shaw & Co
25
D.E. Shaw & Co
New York
$5.3M +$1.19M +100,686 +25%

INVA Hedge Fund Activity: Q2 2016 in Review

134 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Innoviva (INVA) for Q2 2016, worth a combined $957M — down 20% from $1.19B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new INVA positions and 10 closed out — a net gain of 18 holders — while 48 added to existing stakes and 42 trimmed.

The largest buyer was Nomura Holdings, adding an estimated $7.96M. The largest seller was Baupost Group, cutting an estimated $26.1M.

  • 134 institutional investors held Innoviva (INVA) as of Q2 2016, up from 116 in Q1 2016.
  • Funds reported $957M of Innoviva stock for Q2 2016, down 20% quarter-over-quarter.
  • 28 funds opened new Innoviva positions in Q2 2016 and 10 closed out, a net change of +18 holders.
  • The largest Innoviva buyer in Q2 2016 was Nomura Holdings, an estimated $7.96M added.
  • The largest Innoviva seller in Q2 2016 was Baupost Group, an estimated $26.1M sold.

Based on aggregated 13F filings for Q2 2016.