Navient
NAVI
362 hedge funds and large institutions have $6.51B invested in Navient in 2015 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 109 increasing their positions, 151 reducing their positions, and 28 closing their positions.
79% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 28
6% more funds holding
Funds holding: 343 → 362 (+19)
5% more call options, than puts
Call options by funds: $3.2M | Put options by funds: $3.04M
13% less capital invested
Capital invested by funds: $7.5B → $6.51B (-$990M)
28% less repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 151
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| 1 |
D.E. Shaw & Co
New York
|
+$27.7M |
| 2 |
Renaissance Technologies
New York
|
+$26.3M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$23.8M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$22.7M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$18.7M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QC
376
QCM Cayman
Houston,
Texas
| – | -$248K | -12,223 | Closed |
|
377
Two Sigma Advisers
New York
| – | -$234K | -11,534 | Closed |
|
|
ST
378
Spot Trading
Chicago,
Illinois
| – | -$231K | -11,372 | Closed |
|
|
PI
379
Putnam Investments
Boston,
Massachusetts
| – | -$224K | -11,007 | Closed |
|
|
LCOV
380
London Company of Virginia
Richmond,
Virginia
| – | -$214K | -10,539 | Closed |
|
381
Brown Advisory
Baltimore,
Maryland
| – | -$213K | -10,475 | Closed |
|
382
Creative Planning
Overland Park,
Kansas
| – | -$137K | -6,756 | Closed |
|
|
ZB
383
Zions Bancorporation
Salt Lake City,
Utah
| – | -$8K | -391 | Closed |
|
|
FFC
384
First Financial Corp
Terre Haute,
Indiana
| – | -$7K | -332 | Closed |
|
|
TF
385
Tompkins Financial
Ithaca,
New York
| – | -$4K | -184 | Closed |
|
|
WCM
386
Wealthcare Capital Management
Richmond,
Virginia
| – | -$3K | -144 | Closed |
|
|
IWMPD
387
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| – | -$1K | -76 | Closed |
|
|
IPC
388
Independent Portfolio Consultants
Boca Raton,
Florida
| – | -$1K | -58 | Closed |
|
NAVI Hedge Fund Activity: Q2 2015 in Review
362 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q2 2015, worth a combined $6.51B — down 13% from $7.5B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new NAVI positions and 28 closed out — a net gain of 22 holders — while 109 added to existing stakes and 151 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $27.7M. The largest seller was Allianz Asset Management, cutting an estimated $77.9M.
- 362 institutional investors held Navient (NAVI) as of Q2 2015, up from 343 in Q1 2015.
- Funds reported $6.51B of Navient stock for Q2 2015, down 13% quarter-over-quarter.
- 50 funds opened new Navient positions in Q2 2015 and 28 closed out, a net change of +22 holders.
- The largest Navient buyer in Q2 2015 was D.E. Shaw & Co, an estimated $27.7M added.
- The largest Navient seller in Q2 2015 was Allianz Asset Management, an estimated $77.9M sold.
Based on aggregated 13F filings for Q2 2015.