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Navient

343 hedge funds and large institutions have $7.5B invested in Navient in 2015 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 97 increasing their positions, 161 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

1% less call options, than puts

Call options by funds: $2.54M | Put options by funds: $2.56M

2% less funds holding

Funds holding: 351343 (-8)

9% less capital invested

Capital invested by funds: $8.19B → $7.5B (-$697M)

11% less first-time investments, than exits

New positions opened: 39 | Existing positions closed: 44

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

40% less repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 161

Holders
343
Holders Change
-8
Holders Change %
-2.28%
% of All Funds
9.14%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.13%
New
39
Increased
97
Reduced
161
Closed
44
Calls
$2.54M
Puts
$2.56M
Net Calls
-$21K
Net Calls Change
+$4.96M
Name Holding Trade Value Shares
Change
Change in
Stake
BG
26
BlackRock Group
United Kingdom
$58.2M -$638K -31,051 -1%
LSV Asset Management
27
LSV Asset Management
Illinois
$52M -$1.81M -87,900 -3%
Morgan Stanley
28
Morgan Stanley
New York
$48.1M -$16.5M -800,866 -25%
PP
29
Prudential plc
United Kingdom
$46.9M -$775K -37,735 -2%
Dimensional Fund Advisors
30
Dimensional Fund Advisors
Texas
$46.2M +$2.04M +99,243 +5%
KCM
31
Kingstown Capital Management
New York
$45.7M
ZAM
32
Zenit Asset Management
Sweden
$43M +$9.86M +480,065 +29%
Credit Agricole
33
Credit Agricole
France
$39.8M -$8.97M -436,419 -18%
NI
34
Numeric Investors
Massachusetts
$38.8M -$36.6M -1,781,819 -48%
Teacher Retirement System of Texas
35
Teacher Retirement System of Texas
Texas
$36.3M +$783K +38,128 +2%
Legal & General Group
36
Legal & General Group
United Kingdom
$34.8M -$5.25M -255,683 -13%
USAA
37
United Services Automobile Association
Texas
$32.3M -$124K -6,022 -0.4%
VCM
38
Venor Capital Management
New York
$32M -$27.1M -1,317,280 -46%
IG
39
ING Group
Netherlands
$31.7M +$32.1M +1,560,399 New
New York State Common Retirement Fund
40
New York State Common Retirement Fund
New York
$28.5M +$936K +45,562 +3%
UBS AM
41
UBS AM
Illinois
$27.3M -$3M -146,093 -10%
SCM
42
Smead Capital Management
Arizona
$27.2M +$10.2M +496,517 +59%
AllianceBernstein
43
AllianceBernstein
Tennessee
$27.1M -$508K -24,725 -2%
TCIM
44
TIAA CREF Investment Management
New York
$25.6M -$8.32M -404,906 -24%
AAMU
45
Amundi Asset Management US
Massachusetts
$25.5M -$4.59M -223,607 -15%
Deutsche Bank
46
Deutsche Bank
Germany
$25.5M -$29.4M -1,429,041 -53%
Bank of Montreal
47
Bank of Montreal
Ontario, Canada
$25.4M -$962K -46,799 -4%
Canada Pension Plan Investment Board
48
Canada Pension Plan Investment Board
Ontario, Canada
$24.1M +$990K +48,200 +4%
Prudential Financial
49
Prudential Financial
New Jersey
$24.1M +$5.99M +291,620 +33%
Sumitomo Mitsui Trust Group
50
Sumitomo Mitsui Trust Group
Japan
$23.7M +$2.3M +111,719 +11%

NAVI Hedge Fund Activity: Q1 2015 in Review

343 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q1 2015, worth a combined $7.5B — down 8.5% from $8.19B a quarter earlier.

Sellers outnumbered buyers: 44 funds closed out of NAVI and 39 opened new positions — a net loss of 5 holders — while 161 trimmed existing stakes and 97 added.

The largest buyer was Janus Henderson Investors US, adding an estimated $88.8M. The largest seller was Goldman Sachs, cutting an estimated $154M.

  • 343 institutional investors held Navient (NAVI) as of Q1 2015, down from 351 in Q4 2014.
  • Funds reported $7.5B of Navient stock for Q1 2015, down 8.5% quarter-over-quarter.
  • 39 funds opened new Navient positions in Q1 2015 and 44 closed out, a net change of -5 holders.
  • The largest Navient buyer in Q1 2015 was Janus Henderson Investors US, an estimated $88.8M added.
  • The largest Navient seller in Q1 2015 was Goldman Sachs, an estimated $154M sold.

Based on aggregated 13F filings for Q1 2015.