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Navient

381 hedge funds and large institutions have $3.87B invested in Navient in 2017 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 108 increasing their positions, 186 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more call options, than puts

Call options by funds: $37.2M | Put options by funds: $26.5M

1.74% less ownership

Funds ownership: 91.87%90.14% (-1.7%)

6% less funds holding

Funds holding: 407381 (-26)

15% less capital invested

Capital invested by funds: $4.58B → $3.87B (-$708M)

32% less first-time investments, than exits

New positions opened: 39 | Existing positions closed: 57

42% less repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 186

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
381
Holders Change
-26
Holders Change %
-6.39%
% of All Funds
9.48%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
39
Increased
108
Reduced
186
Closed
57
Calls
$37.2M
Puts
$26.5M
Net Calls
+$10.7M
Net Calls Change
-$13.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Citigroup
76
Citigroup
New York
$5.42M +$1.63M +106,128 +41%
OSAM
77
O'Shaughnessy Asset Management
Connecticut
$5.37M -$1.13M -73,786 -17%
Citadel Advisors
78
Citadel Advisors
Florida
$5.21M +$5.41M +353,152 New
Renaissance Technologies
79
Renaissance Technologies
New York
$5.11M +$5.31M +346,300 New
Manulife (Manufacturers Life Insurance)
80
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$5.03M +$314K +20,488 +6%
AP
81
AHL Partners
United Kingdom
$5.03M -$612K -39,890 -10%
Balyasny Asset Management
82
Balyasny Asset Management
Illinois
$4.79M +$1.82M +118,632 +58%
NIPH
83
NN Investment Partners Holdings
Netherlands
$4.43M +$4.34M +282,828 +1,609%
Canada Life
84
Canada Life
Manitoba, Canada
$4.32M -$1.7M -110,725 -27%
DnB Asset Management
85
DnB Asset Management
Norway
$4.28M +$4.15M +270,400 +1,363%
Barclays
86
Barclays
United Kingdom
$3.95M +$39.9K +2,604 +1%
SIM
87
Spark Investment Management
New York
$3.74M +$2.57M +167,900 +196%
Chevy Chase Trust
88
Chevy Chase Trust
Maryland
$3.71M -$43.8K -2,855 -1%
Fidelity Investments
89
Fidelity Investments
Massachusetts
$3.62M -$2.42M -158,145 -39%
BNP Paribas Financial Markets
90
BNP Paribas Financial Markets
France
$3.58M +$2.31M +150,788 +165%
LG
91
Leuthold Group
Minnesota
$3.53M -$79.2K -5,164 -2%
Federated Hermes
92
Federated Hermes
Pennsylvania
$3.51M +$479K +31,276 +15%
VAM
93
Visionary Asset Management
Texas
$3.4M +$110K +7,149 +3%
NFA
94
Nuveen Fund Advisors
Illinois
$3.35M -$166K -10,827 -5%
ACI
95
AMP Capital Investors
Australia
$3.25M -$796K -51,912 -19%
Alyeska Investment Group
96
Alyeska Investment Group
Illinois
$3.25M +$3.38M +220,413 New
State of Wisconsin Investment Board
97
State of Wisconsin Investment Board
Wisconsin
$3.18M +$780K +50,882 +31%
BCIM
98
British Columbia Investment Management
British Columbia, Canada
$3.14M -$1.93M -126,174 -37%
VRS
99
Virginia Retirement Systems
Virginia
$3.08M -$228K -14,900 -7%
JG
100
Jefferies Group
New York
$3.06M +$2.6M +169,908 +452%

NAVI Hedge Fund Activity: Q1 2017 in Review

381 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q1 2017, worth a combined $3.87B — down 15% from $4.58B a quarter earlier.

Sellers outnumbered buyers: 57 funds closed out of NAVI and 39 opened new positions — a net loss of 18 holders — while 186 trimmed existing stakes and 108 added.

The largest buyer was BlackRock, adding an estimated $316M. The largest seller was Credit Agricole, cutting an estimated $77.9M.

  • 381 institutional investors held Navient (NAVI) as of Q1 2017, down from 407 in Q4 2016.
  • Funds reported $3.87B of Navient stock for Q1 2017, down 15% quarter-over-quarter.
  • 39 funds opened new Navient positions in Q1 2017 and 57 closed out, a net change of -18 holders.
  • The largest Navient buyer in Q1 2017 was BlackRock, an estimated $316M added.
  • The largest Navient seller in Q1 2017 was Credit Agricole, an estimated $77.9M sold.

Based on aggregated 13F filings for Q1 2017.