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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
MLM
51
Mount Lucas Management
Pennsylvania
$8.17M -$618K -45,407 -7%
MC
52
Maverick Capital
Texas
$8.05M +$8.34M +613,380 New
NSAM
53
North Star Asset Management
Wisconsin
$7.7M +$134K +9,850 +2%
Barclays
54
Barclays
United Kingdom
$7.57M -$1.27M -93,143 -14%
New York State Teachers Retirement System (NYSTRS)
55
New York State Teachers Retirement System (NYSTRS)
New York
$7.33M +$1.36K +100 +0%
GF
56
Gabelli Funds
New York
$7.04M -$204K -15,000 -3%
Legal & General Group
57
Legal & General Group
United Kingdom
$7.01M -$12.4M -909,519 -63%
Morgan Stanley
58
Morgan Stanley
New York
$6.87M +$1.28M +94,354 +22%
Wells Fargo
59
Wells Fargo
California
$6.5M +$373K +27,420 +6%
RhumbLine Advisers
60
RhumbLine Advisers
Massachusetts
$6.38M -$288K -21,166 -4%
State Board of Administration of Florida Retirement System
61
State Board of Administration of Florida Retirement System
Florida
$6.33M -$386K -28,354 -6%
UBS AM
62
UBS AM
Illinois
$6.15M +$694K +51,006 +12%
Swiss National Bank
63
Swiss National Bank
Switzerland
$6M -$125K -9,200 -2%
California State Teachers Retirement System (CalSTRS)
64
California State Teachers Retirement System (CalSTRS)
California
$5.98M -$160K -11,738 -3%
Federated Hermes
65
Federated Hermes
Pennsylvania
$5.93M -$92.3K -6,789 -1%
T. Rowe Price Associates
66
T. Rowe Price Associates
Maryland
$5.67M -$118K -8,700 -2%
CS
67
Credit Suisse
Switzerland
$5.65M +$975K +71,716 +20%
BCM
68
Brookstone Capital Management
Illinois
$5.47M +$109K +8,027 +2%
Principal Financial Group
69
Principal Financial Group
Iowa
$5.46M -$5.82K -428 -0.1%
SFI
70
Susquehanna Fundamental Investments
Pennsylvania
$5.13M +$5.32M +390,971 New
Adage Capital Partners
71
Adage Capital Partners
Massachusetts
$5.08M -$318K -23,400 -6%
OTPPB
72
Ontario Teachers' Pension Plan Board
Ontario, Canada
$4.98M +$3.98M +292,956 +338%
Assenagon Asset Management
73
Assenagon Asset Management
Luxembourg
$4.97M +$1.04M +76,170 +25%
Manulife (Manufacturers Life Insurance)
74
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$4.75M +$764K +56,168 +18%
TA
75
Teachers Advisors
New York
$4.73M -$81.7K -6,010 -2%

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.