Navient
NAVI
250 hedge funds and large institutions have $1.93B invested in Navient in 2023 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 71 increasing their positions, 106 reducing their positions, and 22 closing their positions.
0.22% less ownership
Funds ownership: 91.77% → 91.55% (-0.22%)
5% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 22
2% less funds holding
Funds holding: 255 → 250 (-5)
11% less capital invested
Capital invested by funds: $2.16B → $1.93B (-$230M)
33% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 106
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
84% less call options, than puts
Call options by funds: $12M | Put options by funds: $74.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
+$22.8M |
| 2 |
Millennium Management
New York
|
+$6.63M |
| 3 |
HF
HRT Financial
New York
|
+$4.65M |
| 4 |
Goldman Sachs
New York
|
+$4.16M |
| 5 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$3.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$28.9M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$13M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$9.02M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$8.8M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$8.47M |
NAVI Hedge Fund Activity: Q3 2023 in Review
250 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q3 2023, worth a combined $1.93B — down 11% from $2.16B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of NAVI and 21 opened new positions — a net loss of 1 holder — while 106 trimmed existing stakes and 71 added.
The largest buyer was Donald Smith & Co, adding an estimated $22.8M. The largest seller was BlackRock, cutting an estimated $28.9M.
- 250 institutional investors held Navient (NAVI) as of Q3 2023, down from 255 in Q2 2023.
- Funds reported $1.93B of Navient stock for Q3 2023, down 11% quarter-over-quarter.
- 21 funds opened new Navient positions in Q3 2023 and 22 closed out, a net change of -1 holder.
- The largest Navient buyer in Q3 2023 was Donald Smith & Co, an estimated $22.8M added.
- The largest Navient seller in Q3 2023 was BlackRock, an estimated $28.9M sold.
Based on aggregated 13F filings for Q3 2023.