Navient
NAVI
289 hedge funds and large institutions have $1.68B invested in Navient in 2020 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 81 increasing their positions, 119 reducing their positions, and 28 closing their positions.
185% more call options, than puts
Call options by funds: $2.75M | Put options by funds: $967K
68% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 28
15% more capital invested
Capital invested by funds: $1.47B → $1.68B (+$217M)
7% more funds holding
Funds holding: 271 → 289 (+18)
2.36% more ownership
Funds ownership: 89.74% → 92.1% (+2.4%)
32% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 119
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$33.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.6M |
| 3 |
Morgan Stanley
New York
|
+$8.8M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$6.34M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$4.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$37.1M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$9.67M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$7.64M |
| 4 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$7.18M |
| 5 |
Goldman Sachs
New York
|
-$6.48M |
NAVI Hedge Fund Activity: Q4 2020 in Review
289 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q4 2020, worth a combined $1.68B — up 15% from $1.47B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new NAVI positions and 28 closed out — a net gain of 19 holders — while 81 added to existing stakes and 119 trimmed.
The largest buyer was HG Vora Capital Management, opening a new position worth an estimated $33.2M. The largest seller was AJO LP, cutting an estimated $37.1M.
- 289 institutional investors held Navient (NAVI) as of Q4 2020, up from 271 in Q3 2020.
- Funds reported $1.68B of Navient stock for Q4 2020, up 15% quarter-over-quarter.
- 47 funds opened new Navient positions in Q4 2020 and 28 closed out, a net change of +19 holders.
- The largest Navient buyer in Q4 2020 was HG Vora Capital Management, an estimated $33.2M added.
- The largest Navient seller in Q4 2020 was AJO LP, an estimated $37.1M sold.
Based on aggregated 13F filings for Q4 2020.