Navient
NAVI
407 hedge funds and large institutions have $4.58B invested in Navient in 2016 Q4 according to their latest regulatory filings, with 73 funds opening new positions, 127 increasing their positions, 164 reducing their positions, and 37 closing their positions.
97% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 37
91.87% more ownership
Funds ownership: 0% → 91.87% (+92%)
91% more call options, than puts
Call options by funds: $50.7M | Put options by funds: $26.6M
10% more capital invested
Capital invested by funds: $4.17B → $4.58B (+$401M)
7% more funds holding
Funds holding: 379 → 407 (+28)
23% less repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 164
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$36.7M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$25.7M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$21.9M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$19.1M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$16.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Omega Advisors
New York
|
-$118M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$51.7M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$31.8M |
| 4 |
KCM
Kingstown Capital Management
New York
|
-$28.9M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$25.7M |
NAVI Hedge Fund Activity: Q4 2016 in Review
407 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q4 2016, worth a combined $4.58B — up 9.6% from $4.17B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new NAVI positions and 37 closed out — a net gain of 36 holders — while 127 added to existing stakes and 164 trimmed.
The largest buyer was Boston Partners, adding an estimated $36.7M. The largest seller was Omega Advisors, cutting an estimated $118M.
- 407 institutional investors held Navient (NAVI) as of Q4 2016, up from 379 in Q3 2016.
- Funds reported $4.58B of Navient stock for Q4 2016, up 9.6% quarter-over-quarter.
- 73 funds opened new Navient positions in Q4 2016 and 37 closed out, a net change of +36 holders.
- The largest Navient buyer in Q4 2016 was Boston Partners, an estimated $36.7M added.
- The largest Navient seller in Q4 2016 was Omega Advisors, an estimated $118M sold.
Based on aggregated 13F filings for Q4 2016.