Navient
NAVI
337 hedge funds and large institutions have $3.22B invested in Navient in 2018 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 106 increasing their positions, 132 reducing their positions, and 70 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less call options, than puts
Call options by funds: $2.45M | Put options by funds: $2.6M
6% less funds holding
Funds holding: 359 → 337 (-22)
8% less capital invested
Capital invested by funds: $3.51B → $3.22B (-$291M)
12.94% less ownership
Funds ownership: 101.58% → 88.64% (-13%)
20% less repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 132
24% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 70
Top Buyers
| 1 |
BlackRock
New York
|
+$101M |
| 2 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
+$74.5M |
| 3 |
CC
Carlson Capital
Dallas,
Texas
|
+$30.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$16.5M |
| 5 |
Bank of New York Mellon
New York
|
+$10.9M |
Top Sellers
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$86M |
| 2 |
State Street
Boston,
Massachusetts
|
-$54.1M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$54.1M |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
-$47.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$45.1M |
NAVI Hedge Fund Activity: Q2 2018 in Review
337 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q2 2018, worth a combined $3.22B — down 8.3% from $3.51B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of NAVI and 53 opened new positions — a net loss of 17 holders — while 132 trimmed existing stakes and 106 added.
The largest buyer was BlackRock, adding an estimated $101M. The largest seller was Eaton Vance Management, cutting an estimated $86M.
- 337 institutional investors held Navient (NAVI) as of Q2 2018, down from 359 in Q1 2018.
- Funds reported $3.22B of Navient stock for Q2 2018, down 8.3% quarter-over-quarter.
- 53 funds opened new Navient positions in Q2 2018 and 70 closed out, a net change of -17 holders.
- The largest Navient buyer in Q2 2018 was BlackRock, an estimated $101M added.
- The largest Navient seller in Q2 2018 was Eaton Vance Management, an estimated $86M sold.
Based on aggregated 13F filings for Q2 2018.