Innoviva
INVA
217 hedge funds and large institutions have $1.11B invested in Innoviva in 2024 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 75 increasing their positions, 73 reducing their positions, and 14 closing their positions.
181% more call options, than puts
Call options by funds: $713K | Put options by funds: $254K
143% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 14
10% more funds holding
Funds holding: 198 → 217 (+19)
3% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 73
1.31% less ownership
Funds ownership: 116.54% → 115.23% (-1.3%)
7% less capital invested
Capital invested by funds: $1.2B → $1.11B (-$86.6M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$97.8M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$25.6M |
| 3 |
ECM
ExodusPoint Capital Management
New York
|
+$4.46M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.64M |
| 5 |
Renaissance Technologies
New York
|
+$3.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$48M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
-$7.89M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.7M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$4.85M |
| 5 |
BlackRock
New York
|
-$3.3M |
INVA Hedge Fund Activity: Q1 2024 in Review
217 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Innoviva (INVA) for Q1 2024, worth a combined $1.11B — down 7.2% from $1.2B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new INVA positions and 14 closed out — a net gain of 20 holders — while 75 added to existing stakes and 73 trimmed.
The largest buyer was Franklin Resources, adding an estimated $97.8M. The largest seller was Morgan Stanley, cutting an estimated $48M.
- 217 institutional investors held Innoviva (INVA) as of Q1 2024, up from 198 in Q4 2023.
- Funds reported $1.11B of Innoviva stock for Q1 2024, down 7.2% quarter-over-quarter.
- 34 funds opened new Innoviva positions in Q1 2024 and 14 closed out, a net change of +20 holders.
- The largest Innoviva buyer in Q1 2024 was Franklin Resources, an estimated $97.8M added.
- The largest Innoviva seller in Q1 2024 was Morgan Stanley, an estimated $48M sold.
Based on aggregated 13F filings for Q1 2024.