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Navient

377 hedge funds and large institutions have $3.65B invested in Navient in 2016 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 121 increasing their positions, 143 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

46% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 37

3% more funds holding

Funds holding: 365377 (+12)

3% less capital invested

Capital invested by funds: $3.75B → $3.65B (-$97.5M)

15% less repeat investments, than reductions

Existing positions increased: 121 | Existing positions reduced: 143

61% less call options, than puts

Call options by funds: $7.45M | Put options by funds: $19M

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
377
Holders Change
+12
Holders Change %
+3.29%
% of All Funds
10.06%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.03%
New
54
Increased
121
Reduced
143
Closed
37
Calls
$7.45M
Puts
$19M
Net Calls
-$11.6M
Net Calls Change
-$147K
Name Holding Trade Value Shares
Change
Change in
Stake
ERM
76
Elm Ridge Management
New York
$6.11M -$3.65M -287,287 -36%
Adage Capital Partners
77
Adage Capital Partners
Massachusetts
$6.02M -$209K -16,400 -3%
Principal Financial Group
78
Principal Financial Group
Iowa
$6M -$215K -16,870 -3%
RhumbLine Advisers
79
RhumbLine Advisers
Massachusetts
$5.97M -$48K -3,771 -0.7%
State of Tennessee, Department of Treasury
80
State of Tennessee, Department of Treasury
Tennessee
$5.79M +$3.74M +293,695 +154%
CPS
81
Counsel Portfolio Services
Ontario, Canada
$5.53M +$547K +43,013 +10%
BJ
82
BlackRock Japan
Japan
$5.34M -$11.6K -908 -0.2%
RJA
83
Raymond James & Associates
Florida
$5.26M +$32.5K +2,555 +0.6%
MME
84
Meag Munich Ergo
Germany
$5.18M +$5.61M +441,021 New
DA
85
Denali Advisors
California
$5.16M +$64.9K +5,100 +1%
NSAM
86
North Star Asset Management
Wisconsin
$5.13M +$385K +30,271 +8%
Susquehanna International Group
87
Susquehanna International Group
Pennsylvania
$4.77M -$348K -27,365 -6%
BA
88
BlackRock Advisors
Delaware
$4.49M +$26.9K +2,117 +0.6%
Manulife (Manufacturers Life Insurance)
89
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$4.45M -$270K -21,209 -5%
Teacher Retirement System of Texas
90
Teacher Retirement System of Texas
Texas
$4.28M -$6.48M -509,103 -59%
Morgan Stanley
91
Morgan Stanley
New York
$4.23M -$1.95M -153,331 -30%
Canada Life
92
Canada Life
Manitoba, Canada
$4.19M -$1.82M -143,199 -29%
HIM
93
Hanlon Investment Management
New Jersey
$4.1M +$4.37M +343,298 New
EGM
94
Engineers Gate Manager
New York
$4.02M +$3.64M +286,529 +575%
Arrowstreet Capital
95
Arrowstreet Capital
Massachusetts
$3.97M +$3.75M +294,685 +790%
First Manhattan
96
First Manhattan
New York
$3.77M
BCM
97
Brookstone Capital Management
Illinois
$3.51M +$594K +46,702 +19%
Wells Fargo
98
Wells Fargo
California
$3.5M +$1.19M +93,806 +47%
AG
99
Aperio Group
California
$3.47M +$230K +18,074 +7%
Chevy Chase Trust
100
Chevy Chase Trust
Maryland
$3.39M -$88K -6,920 -2%

NAVI Hedge Fund Activity: Q2 2016 in Review

377 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q2 2016, worth a combined $3.65B — down 2.6% from $3.75B a quarter earlier.

Buyers outnumbered sellers: 54 funds opened new NAVI positions and 37 closed out — a net gain of 17 holders — while 121 added to existing stakes and 143 trimmed.

The largest buyer was Dimensional Fund Advisors, adding an estimated $25.1M. The largest seller was Fidelity Investments, cutting an estimated $95.9M.

  • 377 institutional investors held Navient (NAVI) as of Q2 2016, up from 365 in Q1 2016.
  • Funds reported $3.65B of Navient stock for Q2 2016, down 2.6% quarter-over-quarter.
  • 54 funds opened new Navient positions in Q2 2016 and 37 closed out, a net change of +17 holders.
  • The largest Navient buyer in Q2 2016 was Dimensional Fund Advisors, an estimated $25.1M added.
  • The largest Navient seller in Q2 2016 was Fidelity Investments, an estimated $95.9M sold.

Based on aggregated 13F filings for Q2 2016.