Innoviva
INVA
233 hedge funds and large institutions have $1.38B invested in Innoviva in 2018 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 80 increasing their positions, 72 reducing their positions, and 22 closing their positions.
1,056% more call options, than puts
Call options by funds: $27.4M | Put options by funds: $2.37M
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
100% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 22
20% more capital invested
Capital invested by funds: $1.14B → $1.38B (+$233M)
11% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 72
10% more funds holding
Funds holding: 211 → 233 (+22)
5.37% more ownership
Funds ownership: 73.85% → 79.22% (+5.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$22.9M |
| 2 |
D.E. Shaw & Co
New York
|
+$16.3M |
| 3 |
MCM
Matarin Capital Management
New York
|
+$11.8M |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
+$10.1M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$16.2M |
| 2 |
CCM
Consonance Capital Management
New York
|
-$15.3M |
| 3 |
First Eagle Investment Management
New York
|
-$11M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$10.3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$5.92M |
INVA Hedge Fund Activity: Q4 2018 in Review
233 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Innoviva (INVA) for Q4 2018, worth a combined $1.38B — up 20% from $1.14B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new INVA positions and 22 closed out — a net gain of 22 holders — while 80 added to existing stakes and 72 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $22.9M. The largest seller was JP Morgan Chase, cutting an estimated $16.2M.
- 233 institutional investors held Innoviva (INVA) as of Q4 2018, up from 211 in Q3 2018.
- Funds reported $1.38B of Innoviva stock for Q4 2018, up 20% quarter-over-quarter.
- 44 funds opened new Innoviva positions in Q4 2018 and 22 closed out, a net change of +22 holders.
- The largest Innoviva buyer in Q4 2018 was Renaissance Technologies, an estimated $22.9M added.
- The largest Innoviva seller in Q4 2018 was JP Morgan Chase, an estimated $16.2M sold.
Based on aggregated 13F filings for Q4 2018.