Navient
NAVI
315 hedge funds and large institutions have $2.7B invested in Navient in 2019 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 102 increasing their positions, 109 reducing their positions, and 29 closing their positions.
31% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 29
3% more funds holding
Funds holding: 306 → 315 (+9)
1% more call options, than puts
Call options by funds: $4.5M | Put options by funds: $4.47M
0.44% less ownership
Funds ownership: 91.94% → 91.5% (-0.44%)
6% less repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 109
10% less capital invested
Capital invested by funds: $3.01B → $2.7B (-$304M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$22.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$12.9M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$10M |
| 4 |
IP
Interval Partners
New York
|
+$8.06M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$7.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$89.3M |
| 2 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$58.3M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$28.9M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$12.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$12M |
NAVI Hedge Fund Activity: Q3 2019 in Review
315 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q3 2019, worth a combined $2.7B — down 10% from $3.01B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new NAVI positions and 29 closed out — a net gain of 9 holders — while 102 added to existing stakes and 109 trimmed.
The largest buyer was Robeco Institutional Asset Management, adding an estimated $22.4M. The largest seller was Boston Partners, cutting an estimated $89.3M.
- 315 institutional investors held Navient (NAVI) as of Q3 2019, up from 306 in Q2 2019.
- Funds reported $2.7B of Navient stock for Q3 2019, down 10% quarter-over-quarter.
- 38 funds opened new Navient positions in Q3 2019 and 29 closed out, a net change of +9 holders.
- The largest Navient buyer in Q3 2019 was Robeco Institutional Asset Management, an estimated $22.4M added.
- The largest Navient seller in Q3 2019 was Boston Partners, an estimated $89.3M sold.
Based on aggregated 13F filings for Q3 2019.