Navient
NAVI
275 hedge funds and large institutions have $1.31B invested in Navient in 2020 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 98 increasing their positions, 105 reducing their positions, and 70 closing their positions.
0.1% less ownership
Funds ownership: 96.09% → 95.99% (-0.1%)
7% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 105
7% less capital invested
Capital invested by funds: $1.41B → $1.31B (-$99.6M)
12% less funds holding
Funds holding: 312 → 275 (-37)
35% less call options, than puts
Call options by funds: $3.3M | Put options by funds: $5.1M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
50% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 70
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
+$59.5M |
| 2 |
BlackRock
New York
|
+$35.4M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$16.3M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$15.5M |
| 5 |
Millennium Management
New York
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$36.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$23M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$22.8M |
| 4 |
Ensign Peak Advisors
Salt Lake City,
Utah
|
-$15.4M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$12.5M |
NAVI Hedge Fund Activity: Q2 2020 in Review
275 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q2 2020, worth a combined $1.31B — down 7.1% from $1.41B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of NAVI and 35 opened new positions — a net loss of 35 holders — while 105 trimmed existing stakes and 98 added.
The largest buyer was Canyon Capital Advisors, opening a new position worth an estimated $59.5M. The largest seller was Boston Partners, cutting an estimated $36.9M.
- 275 institutional investors held Navient (NAVI) as of Q2 2020, down from 312 in Q1 2020.
- Funds reported $1.31B of Navient stock for Q2 2020, down 7.1% quarter-over-quarter.
- 35 funds opened new Navient positions in Q2 2020 and 70 closed out, a net change of -35 holders.
- The largest Navient buyer in Q2 2020 was Canyon Capital Advisors, an estimated $59.5M added.
- The largest Navient seller in Q2 2020 was Boston Partners, an estimated $36.9M sold.
Based on aggregated 13F filings for Q2 2020.