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Navient

343 hedge funds and large institutions have $7.5B invested in Navient in 2015 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 97 increasing their positions, 161 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

1% less call options, than puts

Call options by funds: $2.54M | Put options by funds: $2.56M

2% less funds holding

Funds holding: 351343 (-8)

9% less capital invested

Capital invested by funds: $8.19B → $7.5B (-$697M)

11% less first-time investments, than exits

New positions opened: 39 | Existing positions closed: 44

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

40% less repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 161

Holders
343
Holders Change
-8
Holders Change %
-2.28%
% of All Funds
9.14%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.13%
New
39
Increased
97
Reduced
161
Closed
44
Calls
$2.54M
Puts
$2.56M
Net Calls
-$21K
Net Calls Change
+$4.96M
Name Holding Trade Value Shares
Change
Change in
Stake
KBG
76
Kahn Brothers Group
New York
$12.3M -$4.99M -242,903 -29%
CS
77
Credit Suisse
Switzerland
$12.3M -$13.8M -671,199 -53%
State Board of Administration of Florida Retirement System
78
State Board of Administration of Florida Retirement System
Florida
$12.2M -$1.98M -96,594 -14%
Invesco
79
Invesco
Georgia
$12.1M +$408K +19,869 +3%
Fifth Third Bancorp
80
Fifth Third Bancorp
Ohio
$12M +$962K +46,827 +9%
KIM
81
Kestrel Investment Management
California
$11.8M
Calamos Advisors
82
Calamos Advisors
Illinois
$11.4M +$2.51M +122,066 +28%
JP Morgan Chase
83
JP Morgan Chase
New York
$11.2M +$740K +36,021 +7%
Bank of America
84
Bank of America
North Carolina
$11M +$259K +12,613 +2%
RhumbLine Advisers
85
RhumbLine Advisers
Massachusetts
$10.6M -$317K -15,449 -3%
ADEF
86
Adams Diversified Equity Fund
Maryland
$10.6M
First Trust Advisors
87
First Trust Advisors
Illinois
$10.5M -$9.72M -472,920 -48%
BJ
88
BlackRock Japan
Japan
$10.4M -$339K -16,501 -3%
ACM
89
ADI Capital Management
New York
$10.3M -$1.03M -50,000 -9%
WBC
90
Westpac Banking Corp
Australia
$10.3M -$78.1K -3,800 -0.9%
RCM
91
Riverhead Capital Management
Delaware
$9.33M +$3.16M +153,921 +50%
AA
92
AQR Arbitrage
Connecticut
$9.05M +$9.15M +445,403 New
Janney Montgomery Scott
93
Janney Montgomery Scott
Pennsylvania
$9.05M +$4.41M +214,808 +93%
ACI
94
AMP Capital Investors
Australia
$8.97M +$1.74M +84,900 +23%
GT
95
Glenmede Trust
Pennsylvania
$8.66M -$2.57M -125,005 -23%
APG Asset Management
96
APG Asset Management
Netherlands
$8.59M -$1.51M -73,411 -15%
AL
97
AJO LP
Pennsylvania
$8.43M +$1.3M +63,300 +18%
BGIM
98
Brandywine Global Investment Management
Pennsylvania
$8.06M +$145K +7,069 +2%
TA
99
Teachers Advisors
New York
$7.63M -$95.2K -4,635 -1%
EIM
100
Emerson Investment Management
Massachusetts
$7.33M +$112K +5,430 +2%

NAVI Hedge Fund Activity: Q1 2015 in Review

343 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q1 2015, worth a combined $7.5B — down 8.5% from $8.19B a quarter earlier.

Sellers outnumbered buyers: 44 funds closed out of NAVI and 39 opened new positions — a net loss of 5 holders — while 161 trimmed existing stakes and 97 added.

The largest buyer was Janus Henderson Investors US, adding an estimated $88.8M. The largest seller was Goldman Sachs, cutting an estimated $154M.

  • 343 institutional investors held Navient (NAVI) as of Q1 2015, down from 351 in Q4 2014.
  • Funds reported $7.5B of Navient stock for Q1 2015, down 8.5% quarter-over-quarter.
  • 39 funds opened new Navient positions in Q1 2015 and 44 closed out, a net change of -5 holders.
  • The largest Navient buyer in Q1 2015 was Janus Henderson Investors US, an estimated $88.8M added.
  • The largest Navient seller in Q1 2015 was Goldman Sachs, an estimated $154M sold.

Based on aggregated 13F filings for Q1 2015.