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Navient

381 hedge funds and large institutions have $3.87B invested in Navient in 2017 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 108 increasing their positions, 186 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more call options, than puts

Call options by funds: $37.2M | Put options by funds: $26.5M

1.74% less ownership

Funds ownership: 91.87%90.14% (-1.7%)

6% less funds holding

Funds holding: 407381 (-26)

15% less capital invested

Capital invested by funds: $4.58B → $3.87B (-$708M)

32% less first-time investments, than exits

New positions opened: 39 | Existing positions closed: 57

42% less repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 186

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
381
Holders Change
-26
Holders Change %
-6.39%
% of All Funds
9.48%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
39
Increased
108
Reduced
186
Closed
57
Calls
$37.2M
Puts
$26.5M
Net Calls
+$10.7M
Net Calls Change
-$13.4M
Name Holding Trade Value Shares
Change
Change in
Stake
PPA
26
Parametric Portfolio Associates
Washington
$21.7M -$8.61M -561,846 -28%
New York State Common Retirement Fund
27
New York State Common Retirement Fund
New York
$21.3M +$2.19M +142,901 +11%
California Public Employees Retirement System
28
California Public Employees Retirement System
California
$21M -$728K -47,500 -3%
JP Morgan Chase
29
JP Morgan Chase
New York
$20.5M -$14.3M -930,881 -40%
Arrowstreet Capital
30
Arrowstreet Capital
Massachusetts
$19.5M +$20.3M +1,324,100 New
UBS AM
31
UBS AM
Illinois
$19.5M +$1.63M +106,283 +9%
BGIM
32
Brandywine Global Investment Management
Pennsylvania
$18.9M -$103K -6,738 -0.5%
USAA
33
United Services Automobile Association
Texas
$17.8M -$124K -8,098 -0.7%
TCIM
34
TIAA CREF Investment Management
New York
$17.1M -$1.46M -95,397 -8%
Royal Bank of Canada
35
Royal Bank of Canada
Ontario, Canada
$16.6M +$921K +60,088 +6%
Prudential Financial
36
Prudential Financial
New Jersey
$15.4M -$1.5M -98,040 -9%
Sumitomo Mitsui Trust Group
37
Sumitomo Mitsui Trust Group
Japan
$14.6M -$534K -34,835 -3%
VOYA Investment Management
38
VOYA Investment Management
Georgia
$13.6M +$4.9M +319,365 +53%
TRSOTSOK
39
Teachers Retirement System of the State of Kentucky
Kentucky
$12.8M -$1.39M -90,700 -9%
TAM
40
Todd Asset Management
Kentucky
$12.7M -$1.44M -93,933 -10%
AAM
41
Aberdeen Asset Management
United Kingdom
$11.9M -$673K -43,928 -5%
Bank of Montreal
42
Bank of Montreal
Ontario, Canada
$11.7M -$34.2K -2,229 -0.3%
TD Asset Management
43
TD Asset Management
Ontario, Canada
$11.4M -$2.35M -153,100 -17%
DA
44
Denali Advisors
California
$11.3M +$4.61M +300,500 +64%
WG
45
Winton Group
United Kingdom
$10.8M +$3.37M +220,139 +43%
Wells Fargo
46
Wells Fargo
California
$10.3M -$4.79M -312,542 -31%
AllianceBernstein
47
AllianceBernstein
Tennessee
$10.1M +$1.8M +117,346 +21%
TA
48
Teachers Advisors
New York
$9.89M -$1.12M -72,941 -10%
KBC Group
49
KBC Group
Belgium
$9.8M -$6.88M -448,757 -40%
First Trust Advisors
50
First Trust Advisors
Illinois
$9.65M +$422K +27,544 +4%

NAVI Hedge Fund Activity: Q1 2017 in Review

381 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q1 2017, worth a combined $3.87B — down 15% from $4.58B a quarter earlier.

Sellers outnumbered buyers: 57 funds closed out of NAVI and 39 opened new positions — a net loss of 18 holders — while 186 trimmed existing stakes and 108 added.

The largest buyer was BlackRock, adding an estimated $316M. The largest seller was Credit Agricole, cutting an estimated $77.9M.

  • 381 institutional investors held Navient (NAVI) as of Q1 2017, down from 407 in Q4 2016.
  • Funds reported $3.87B of Navient stock for Q1 2017, down 15% quarter-over-quarter.
  • 39 funds opened new Navient positions in Q1 2017 and 57 closed out, a net change of -18 holders.
  • The largest Navient buyer in Q1 2017 was BlackRock, an estimated $316M added.
  • The largest Navient seller in Q1 2017 was Credit Agricole, an estimated $77.9M sold.

Based on aggregated 13F filings for Q1 2017.