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Innoviva

223 hedge funds and large institutions have $1.23B invested in Innoviva in 2018 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 72 increasing their positions, 75 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

109% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 22

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

36% more call options, than puts

Call options by funds: $4.74M | Put options by funds: $3.48M

13% more capital invested

Capital invested by funds: $1.09B → $1.23B (+$144M)

12% more funds holding

Funds holding: 200223 (+23)

3.22% more ownership

Funds ownership: 70.89%74.11% (+3.2%)

4% less repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 75

Holders
223
Holders Change
+23
Holders Change %
+11.5%
% of All Funds
5.11%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
46
Increased
72
Reduced
75
Closed
22
Calls
$4.74M
Puts
$3.48M
Net Calls
+$1.26M
Net Calls Change
-$102K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$181M -$6.46M -418,536 -4%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$146M -$77.7M -5,031,585 -36%
Vanguard Group
3
Vanguard Group
Pennsylvania
$122M +$2.08M +134,755 +2%
SCM
4
Sarissa Capital Management
Connecticut
$61M
State Street
5
State Street
Massachusetts
$39.1M -$1.59M -103,313 -4%
Renaissance Technologies
6
Renaissance Technologies
New York
$38.4M +$12.1M +786,920 +52%
Bank of America
7
Bank of America
North Carolina
$30.2M -$1.86M -120,626 -6%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$28.7M +$6.58M +426,055 +33%
Invesco
9
Invesco
Georgia
$27.9M -$5.01M -324,401 -16%
Wells Fargo
10
Wells Fargo
California
$23.9M -$7.25M -469,967 -25%
Connor, Clark & Lunn Investment Management (CC&L)
11
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$22.8M +$4.9M +317,263 +30%
First Eagle Investment Management
12
First Eagle Investment Management
New York
$22.7M +$1.18M +76,400 +6%
Man Group
13
Man Group
United Kingdom
$17.5M +$16.2M +1,048,375 New
Northern Trust
14
Northern Trust
Illinois
$17.2M -$195K -12,628 -1%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$16.5M -$1.4M -90,461 -8%
Goldman Sachs
16
Goldman Sachs
New York
$16.4M +$658K +42,640 +5%
Norges Bank
17
Norges Bank
Norway
$14.9M +$5.08M +329,175 +59%
Deutsche Bank
18
Deutsche Bank
Germany
$12.9M +$2.23M +144,653 +23%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$12.6M -$571K -36,996 -5%
UBS Group
20
UBS Group
Switzerland
$11.8M +$8.12M +525,859 +288%
Ameriprise
21
Ameriprise
Minnesota
$11.6M +$1.55M +100,591 +17%
Acadian Asset Management
22
Acadian Asset Management
Massachusetts
$11.6M +$2.98M +193,238 +38%
Morgan Stanley
23
Morgan Stanley
New York
$11.3M -$2.25M -145,824 -18%
Victory Capital Management
24
Victory Capital Management
Texas
$10.7M +$760K +49,241 +8%
Principal Financial Group
25
Principal Financial Group
Iowa
$10.1M -$149K -9,645 -2%

INVA Hedge Fund Activity: Q1 2018 in Review

223 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Innoviva (INVA) for Q1 2018, worth a combined $1.23B — up 13% from $1.09B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new INVA positions and 22 closed out — a net gain of 24 holders — while 72 added to existing stakes and 75 trimmed.

The largest buyer was Renaissance Technologies, adding an estimated $12.1M. The largest seller was Fidelity Investments, cutting an estimated $77.7M.

  • 223 institutional investors held Innoviva (INVA) as of Q1 2018, up from 200 in Q4 2017.
  • Funds reported $1.23B of Innoviva stock for Q1 2018, up 13% quarter-over-quarter.
  • 46 funds opened new Innoviva positions in Q1 2018 and 22 closed out, a net change of +24 holders.
  • The largest Innoviva buyer in Q1 2018 was Renaissance Technologies, an estimated $12.1M added.
  • The largest Innoviva seller in Q1 2018 was Fidelity Investments, an estimated $77.7M sold.

Based on aggregated 13F filings for Q1 2018.