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Innoviva

200 hedge funds and large institutions have $1.14B invested in Innoviva in 2017 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 66 increasing their positions, 59 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

264% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 14

117% more call options, than puts

Call options by funds: $3.67M | Put options by funds: $1.69M

22% more funds holding

Funds holding: 164200 (+36)

17% more capital invested

Capital invested by funds: $974M → $1.14B (+$168M)

12% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 59

4.44% more ownership

Funds ownership: 69.58%74.01% (+4.4%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
200
Holders Change
+36
Holders Change %
+21.95%
% of All Funds
4.99%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
51
Increased
66
Reduced
59
Closed
14
Calls
$3.67M
Puts
$1.69M
Net Calls
+$1.97M
Net Calls Change
+$1.43M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$226M +$69.1K +5,224 +0%
BlackRock
2
BlackRock
New York
$162M -$6.86M -518,730 -4%
Vanguard Group
3
Vanguard Group
Pennsylvania
$104M -$1.63M -123,285 -2%
SCM
4
Sarissa Capital Management
Connecticut
$50.8M +$1.45M +110,000 +3%
State Street
5
State Street
Massachusetts
$32.6M -$5.39M -407,331 -15%
Invesco
6
Invesco
Georgia
$30.2M -$1.34M -101,245 -5%
Wells Fargo
7
Wells Fargo
California
$27.7M -$553K -41,813 -2%
First Eagle Investment Management
8
First Eagle Investment Management
New York
$27.1M -$9.99M -755,730 -28%
Bank of America
9
Bank of America
North Carolina
$25.6M -$207K -15,681 -0.9%
Northern Trust
10
Northern Trust
Illinois
$17.4M -$162K -12,236 -1%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$15.9M +$206K +15,577 +1%
Renaissance Technologies
12
Renaissance Technologies
New York
$15M +$14M +1,060,380 New
Nomura Holdings
13
Nomura Holdings
Japan
$14.6M +$2.08M +156,963 +18%
Goldman Sachs
14
Goldman Sachs
New York
$14.3M +$4.63M +350,266 +53%
Deutsche Bank
15
Deutsche Bank
Germany
$13.9M +$3.76M +284,476 +41%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$13.9M +$2.38M +179,860 +22%
ECP
17
Empyrean Capital Partners
California
$13.8M -$13.5M -1,022,914 -51%
Point72 Asset Management
18
Point72 Asset Management
Connecticut
$13.3M -$5.19M -392,600 -29%
D.E. Shaw & Co
19
D.E. Shaw & Co
New York
$12.3M +$2M +151,340 +21%
GL
20
GLG LLC
New York
$11.6M +$5.01M +378,564 +85%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$11.3M +$1.13M +85,630 +12%
JP Morgan Chase
22
JP Morgan Chase
New York
$10.9M +$9.62M +727,803 +1,380%
Morgan Stanley
23
Morgan Stanley
New York
$10.9M +$6.1M +461,098 +149%
Millennium Management
24
Millennium Management
New York
$9.65M +$9.04M +683,771 New
Principal Financial Group
25
Principal Financial Group
Iowa
$8.76M -$301K -22,739 -4%

INVA Hedge Fund Activity: Q3 2017 in Review

200 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Innoviva (INVA) for Q3 2017, worth a combined $1.14B — up 17% from $974M a quarter earlier.

Buyers outnumbered sellers: 51 funds opened new INVA positions and 14 closed out — a net gain of 37 holders — while 66 added to existing stakes and 59 trimmed.

The largest buyer was Renaissance Technologies, opening a new position worth an estimated $14M. The largest seller was Empyrean Capital Partners, cutting an estimated $13.5M.

  • 200 institutional investors held Innoviva (INVA) as of Q3 2017, up from 164 in Q2 2017.
  • Funds reported $1.14B of Innoviva stock for Q3 2017, up 17% quarter-over-quarter.
  • 51 funds opened new Innoviva positions in Q3 2017 and 14 closed out, a net change of +37 holders.
  • The largest Innoviva buyer in Q3 2017 was Renaissance Technologies, an estimated $14M added.
  • The largest Innoviva seller in Q3 2017 was Empyrean Capital Partners, an estimated $13.5M sold.

Based on aggregated 13F filings for Q3 2017.