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Navient

326 hedge funds and large institutions have $3.3B invested in Navient in 2018 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 90 increasing their positions, 146 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

3.81% more ownership

Funds ownership: 88.64%92.44% (+3.8%)

2% more capital invested

Capital invested by funds: $3.22B → $3.3B (+$77.9M)

3% less funds holding

Funds holding: 337326 (-11)

21% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 38

35% less call options, than puts

Call options by funds: $2.1M | Put options by funds: $3.22M

38% less repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 146

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
326
Holders Change
-11
Holders Change %
-3.26%
% of All Funds
7.45%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
30
Increased
90
Reduced
146
Closed
38
Calls
$2.1M
Puts
$3.22M
Net Calls
-$1.13M
Net Calls Change
-$980K
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
126
Palisade Capital Management
New Jersey
$1.2M -$550K -40,600 -31%
GI
127
GAMCO Investors
Connecticut
$1.18M -$271K -20,000 -19%
SOMRS
128
State of Michigan Retirement System
Michigan
$1.17M -$141K -10,400 -11%
SSA
129
Schonfeld Strategic Advisors
New York
$1.16M +$624K +46,100 +116%
Pacer Advisors
130
Pacer Advisors
Pennsylvania
$1.15M +$20.9K +1,547 +2%
UBS Group
131
UBS Group
Switzerland
$1.14M -$467K -34,523 -29%
BNP Paribas Financial Markets
132
BNP Paribas Financial Markets
France
$1.08M -$116K -8,539 -10%
Nordea Investment Management
133
Nordea Investment Management
Sweden
$1.07M
CPO
134
Cerity Partners OCIO
New York
$1.01M -$1.06M -78,658 -51%
Citigroup
135
Citigroup
New York
$995K +$195K +14,420 +24%
EGM
136
Engineers Gate Manager
New York
$990K +$775K +57,238 +353%
BPCM
137
Beach Point Capital Management
California
$986K
SFM
138
Signet Financial Management
New Jersey
$979K +$3.32K +245 +0.3%
AIP
139
Ameritas Investment Partners
Nebraska
$938K -$119K -8,807 -11%
AIMCA
140
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$920K
MLICM
141
Metropolitan Life Insurance Company (MetLife)
New York
$915K -$113K -8,378 -11%
CEP
142
Chicago Equity Partners
Illinois
$914K +$732K +54,080 +394%
ARTA
143
A.R.T. Advisors
New York
$914K +$919K +67,866 New
MCIM
144
Meadow Creek Investment Management
Georgia
$909K +$608K +44,912 +200%
LSERS
145
Louisiana State Employees Retirement System
Louisiana
$869K -$94.7K -7,000 -10%
Holocene Advisors
146
Holocene Advisors
New York
$866K +$870K +64,259 New
MAM
147
Meeder Asset Management
Ohio
$847K -$14.3K -1,056 -2%
NMERB
148
New Mexico Educational Retirement Board
New Mexico
$836K
Rafferty Asset Management
149
Rafferty Asset Management
New York
$829K -$94.1K -6,951 -10%
GCP
150
GSA Capital Partners
United Kingdom
$814K -$593K -43,829 -42%

NAVI Hedge Fund Activity: Q3 2018 in Review

326 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q3 2018, worth a combined $3.3B — up 2.4% from $3.22B a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of NAVI and 30 opened new positions — a net loss of 8 holders — while 146 trimmed existing stakes and 90 added.

The largest buyer was Carlson Capital, adding an estimated $29.7M. The largest seller was Orbis Allan Gray, exiting entirely with an estimated $40.3M sold.

  • 326 institutional investors held Navient (NAVI) as of Q3 2018, down from 337 in Q2 2018.
  • Funds reported $3.3B of Navient stock for Q3 2018, up 2.4% quarter-over-quarter.
  • 30 funds opened new Navient positions in Q3 2018 and 38 closed out, a net change of -8 holders.
  • The largest Navient buyer in Q3 2018 was Carlson Capital, an estimated $29.7M added.
  • The largest Navient seller in Q3 2018 was Orbis Allan Gray, an estimated $40.3M sold.

Based on aggregated 13F filings for Q3 2018.