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Navient

359 hedge funds and large institutions have $3.51B invested in Navient in 2018 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 108 increasing their positions, 157 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

3.47% more ownership

Funds ownership: 98.1%101.58% (+3.5%)

2% more capital invested

Capital invested by funds: $3.44B → $3.51B (+$74.1M)

1% less call options, than puts

Call options by funds: $2.79M | Put options by funds: $2.81M

3% less funds holding

Funds holding: 371359 (-12)

10% less first-time investments, than exits

New positions opened: 43 | Existing positions closed: 48

31% less repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 157

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
359
Holders Change
-12
Holders Change %
-3.23%
% of All Funds
8.23%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.05%
New
43
Increased
108
Reduced
157
Closed
48
Calls
$2.79M
Puts
$2.81M
Net Calls
-$22K
Net Calls Change
+$12.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
26
Charles Schwab
California
$28.9M +$1.71M +125,624 +6%
AQR Capital Management
27
AQR Capital Management
Connecticut
$28.7M -$1.45M -106,339 -5%
Bank of Montreal
28
Bank of Montreal
Ontario, Canada
$25.7M -$815K -59,920 -3%
Fiera Capital (Canada)
29
Fiera Capital (Canada)
Quebec, Canada
$23.1M -$514K -37,802 -2%
OA
30
Omega Advisors
New York
$19.7M -$4.06M -298,182 -17%
Millennium Management
31
Millennium Management
New York
$19.3M -$6.95M -510,789 -26%
Deutsche Bank
32
Deutsche Bank
Germany
$18.7M +$6.75M +496,232 +53%
EC
33
EJF Capital
Virginia
$17.4M +$17.3M +1,273,170 +2,546%
DF
34
Donoghue Forlines
Massachusetts
$16.9M -$1.42M -104,612 -7%
Arrowstreet Capital
35
Arrowstreet Capital
Massachusetts
$16.1M -$31.3M -2,298,616 -65%
Robeco Institutional Asset Management
36
Robeco Institutional Asset Management
Netherlands
$15.9M +$16.4M +1,202,959 +21,134%
California Public Employees Retirement System
37
California Public Employees Retirement System
California
$15.8M -$2.3M -169,247 -12%
New York State Common Retirement Fund
38
New York State Common Retirement Fund
New York
$15.7M -$979K -72,000 -6%
TRSOTSOK
39
Teachers Retirement System of the State of Kentucky
Kentucky
$15.3M +$15.5M +1,136,400 +3,540%
TAM
40
Todd Asset Management
Kentucky
$15.1M +$15.6M +1,149,904 New
First Trust Advisors
41
First Trust Advisors
Illinois
$14.6M +$5.2M +382,229 +52%
USAA
42
United Services Automobile Association
Texas
$14.5M -$415K -30,550 -3%
Bank of America
43
Bank of America
North Carolina
$13.3M +$1.41M +103,688 +11%
GAM
44
Goldentree Asset Management
New York
$12M -$7.72M -567,625 -38%
Royal Bank of Canada
45
Royal Bank of Canada
Ontario, Canada
$10.3M -$425K -31,246 -4%
RCMNY
46
Rubric Capital Management (New York)
New York
$10.1M +$10.5M +770,000 New
CEP
47
Chicago Equity Partners
Illinois
$10.1M +$10.2M +747,480 +3,622%
Russell Investments Group
48
Russell Investments Group
United Kingdom
$9.62M +$4.37M +321,633 +78%
AllianceBernstein
49
AllianceBernstein
Tennessee
$9.53M +$1.63M +119,928 +20%
TCIM
50
TIAA CREF Investment Management
New York
$9.44M -$307K -22,539 -3%

NAVI Hedge Fund Activity: Q1 2018 in Review

359 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q1 2018, worth a combined $3.51B — up 2.2% from $3.44B a quarter earlier.

Sellers outnumbered buyers: 48 funds closed out of NAVI and 43 opened new positions — a net loss of 5 holders — while 157 trimmed existing stakes and 108 added.

The largest buyer was Eaton Vance Management, adding an estimated $88.6M. The largest seller was Carlson Capital, exiting entirely with an estimated $33.3M sold.

  • 359 institutional investors held Navient (NAVI) as of Q1 2018, down from 371 in Q4 2017.
  • Funds reported $3.51B of Navient stock for Q1 2018, up 2.2% quarter-over-quarter.
  • 43 funds opened new Navient positions in Q1 2018 and 48 closed out, a net change of -5 holders.
  • The largest Navient buyer in Q1 2018 was Eaton Vance Management, an estimated $88.6M added.
  • The largest Navient seller in Q1 2018 was Carlson Capital, an estimated $33.3M sold.

Based on aggregated 13F filings for Q1 2018.