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Navient

371 hedge funds and large institutions have $3.44B invested in Navient in 2017 Q4 according to their latest regulatory filings, with 73 funds opening new positions, 109 increasing their positions, 152 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more first-time investments, than exits

New positions opened: 73 | Existing positions closed: 58

7.83% more ownership

Funds ownership: 90.28%98.1% (+7.8%)

4% more funds holding

Funds holding: 356371 (+15)

7% less capital invested

Capital invested by funds: $3.71B → $3.44B (-$278M)

28% less repeat investments, than reductions

Existing positions increased: 109 | Existing positions reduced: 152

42% less call options, than puts

Call options by funds: $17M | Put options by funds: $29.4M

Holders
371
Holders Change
+15
Holders Change %
+4.21%
% of All Funds
8.41%
Holding in Top 10
4
Holding in Top 10 Change
+4
Holding in Top 10 Change %
% of All Funds
0.09%
New
73
Increased
109
Reduced
152
Closed
58
Calls
$17M
Puts
$29.4M
Net Calls
-$12.4M
Net Calls Change
-$13.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
26
Charles Schwab
California
$27.6M +$676K +53,497 +3%
Bank of Montreal
27
Bank of Montreal
Ontario, Canada
$26.9M +$9.21M +729,149 +56%
Millennium Management
28
Millennium Management
New York
$26.4M +$13.1M +1,040,442 +111%
NI
29
Numeric Investors
Massachusetts
$25.7M +$24.1M +1,907,702 +8,956%
Fiera Capital (Canada)
30
Fiera Capital (Canada)
Quebec, Canada
$24M -$1.45M -115,127 -6%
OA
31
Omega Advisors
New York
$24M
GAM
32
Goldentree Asset Management
New York
$19.7M +$18.7M +1,480,239 New
Legal & General Group
33
Legal & General Group
United Kingdom
$19.2M -$3.48M -275,270 -16%
DF
34
Donoghue Forlines
Massachusetts
$18.6M +$2.52M +199,812 +17%
California Public Employees Retirement System
35
California Public Employees Retirement System
California
$18.3M +$1.04M +82,405 +6%
BCPEM
36
Bain Capital Public Equity Management
Massachusetts
$17.7M +$16.8M +1,327,770 New
New York State Common Retirement Fund
37
New York State Common Retirement Fund
New York
$16.9M -$3.29M -260,600 -17%
Wellington Management Group
38
Wellington Management Group
Massachusetts
$16.6M +$8.73M +690,926 +125%
Citadel Advisors
39
Citadel Advisors
Florida
$16.2M +$8.5M +672,480 +123%
USAA
40
United Services Automobile Association
Texas
$15.1M -$461K -36,466 -3%
JP Morgan Chase
41
JP Morgan Chase
New York
$14.6M -$534K -42,272 -4%
OAG
42
Orbis Allan Gray
Bermuda
$13.9M +$13.2M +1,042,840 New
Deutsche Bank
43
Deutsche Bank
Germany
$12.4M +$1.3M +102,920 +12%
Bank of America
44
Bank of America
North Carolina
$12.1M -$7.09M -560,994 -38%
AP
45
AHL Partners
United Kingdom
$12M +$7.93M +627,931 +232%
Royal Bank of Canada
46
Royal Bank of Canada
Ontario, Canada
$10.9M -$2.22M -175,741 -18%
TCIM
47
TIAA CREF Investment Management
New York
$9.88M -$1.68M -132,579 -15%
First Trust Advisors
48
First Trust Advisors
Illinois
$9.78M +$1.11M +87,835 +14%
Two Sigma Investments
49
Two Sigma Investments
New York
$9.32M +$8.84M +699,771 New
Barclays
50
Barclays
United Kingdom
$8.93M +$4.92M +389,337 +138%

NAVI Hedge Fund Activity: Q4 2017 in Review

371 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q4 2017, worth a combined $3.44B — down 7.5% from $3.71B a quarter earlier.

Buyers outnumbered sellers: 73 funds opened new NAVI positions and 58 closed out — a net gain of 15 holders — while 109 added to existing stakes and 152 trimmed.

The largest buyer was Canyon Capital Advisors, opening a new position worth an estimated $193M. The largest seller was Boston Partners, cutting an estimated $94.8M.

  • 371 institutional investors held Navient (NAVI) as of Q4 2017, up from 356 in Q3 2017.
  • Funds reported $3.44B of Navient stock for Q4 2017, down 7.5% quarter-over-quarter.
  • 73 funds opened new Navient positions in Q4 2017 and 58 closed out, a net change of +15 holders.
  • The largest Navient buyer in Q4 2017 was Canyon Capital Advisors, an estimated $193M added.
  • The largest Navient seller in Q4 2017 was Boston Partners, an estimated $94.8M sold.

Based on aggregated 13F filings for Q4 2017.