Navient
NAVI
255 hedge funds and large institutions have $2.16B invested in Navient in 2023 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 65 increasing their positions, 100 reducing their positions, and 49 closing their positions.
15% more capital invested
Capital invested by funds: $1.87B → $2.16B (+$286M)
1.18% more ownership
Funds ownership: 90.59% → 91.77% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less funds holding
Funds holding: 271 → 255 (-16)
31% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 49
35% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 100
80% less call options, than puts
Call options by funds: $10.3M | Put options by funds: $52.4M
Top Buyers
| 1 |
BlackRock
New York
|
+$57.6M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$11.9M |
| 3 |
Walleye Capital
New York
|
+$9.48M |
| 4 |
DSC
Donald Smith & Co
New York
|
+$7.39M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$7.13M |
Top Sellers
| 1 |
Invesco
Atlanta,
Georgia
|
-$9.94M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$8.83M |
| 3 |
D.E. Shaw & Co
New York
|
-$5.64M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$5.55M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$5.52M |
NAVI Hedge Fund Activity: Q2 2023 in Review
255 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q2 2023, worth a combined $2.16B — up 15% from $1.87B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of NAVI and 34 opened new positions — a net loss of 15 holders — while 100 trimmed existing stakes and 65 added.
The largest buyer was BlackRock, adding an estimated $57.6M. The largest seller was Invesco, cutting an estimated $9.94M.
- 255 institutional investors held Navient (NAVI) as of Q2 2023, down from 271 in Q1 2023.
- Funds reported $2.16B of Navient stock for Q2 2023, up 15% quarter-over-quarter.
- 34 funds opened new Navient positions in Q2 2023 and 49 closed out, a net change of -15 holders.
- The largest Navient buyer in Q2 2023 was BlackRock, an estimated $57.6M added.
- The largest Navient seller in Q2 2023 was Invesco, an estimated $9.94M sold.
Based on aggregated 13F filings for Q2 2023.