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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
BF
151
BOK Financial
Oklahoma
$1.44M -$19.7K -1,287 -1%
US Bancorp
152
US Bancorp
Minnesota
$1.44M -$232K -15,129 -13%
SOMRS
153
State of Michigan Retirement System
Michigan
$1.41M -$53.7K -3,500 -4%
GIBU
154
Gulf International Bank (UK)
United Kingdom
$1.41M +$15.3K +1,000 +1%
Commonwealth Equity Services
155
Commonwealth Equity Services
Massachusetts
$1.4M -$21.9K -1,429 -1%
UBS Group
156
UBS Group
Switzerland
$1.32M +$192K +12,492 +16%
FP
157
FDO Partners
Massachusetts
$1.31M +$1.36M +89,017 New
RCM
158
Riverhead Capital Management
Delaware
$1.3M +$547K +35,700 +68%
TPSF
159
Texas Permanent School Fund
Texas
$1.25M -$88.4K -5,769 -6%
CPO
160
Cerity Partners OCIO
New York
$1.25M -$139K -9,086 -10%
Schroder Investment Management Group
161
Schroder Investment Management Group
United Kingdom
$1.2M +$1.23M +80,456 New
Comerica Bank
162
Comerica Bank
Texas
$1.17M -$40.9K -2,666 -3%
State of Tennessee, Department of Treasury
163
State of Tennessee, Department of Treasury
Tennessee
$1.17M -$232K -15,137 -16%
Toronto Dominion Bank
164
Toronto Dominion Bank
Ontario, Canada
$1.16M +$403K +26,274 +50%
NA
165
Neuburgh Advisers
California
$1.15M +$480K +31,284 +68%
BTS
166
BB&T Securities
Virginia
$1.13M +$535K +34,874 +83%
CIBC World Market
167
CIBC World Market
Ontario, Canada
$1.13M -$1.04M -67,814 -47%
SFM
168
Signet Financial Management
New Jersey
$1.09M +$186K +12,157 +20%
AIM
169
Achmea Investment Management
Netherlands
$1.08M +$1.12M +73,228 New
ASRS
170
Arizona State Retirement System
Arizona
$1.06M -$44.5K -2,900 -4%
CEP
171
Chicago Equity Partners
Illinois
$1.05M -$13.5M -883,525 -93%
DZ Bank
172
DZ Bank
Germany
$1.02M -$8.17M -533,170 -88%
OPERF
173
Oregon Public Employees Retirement Fund
Oregon
$1.01M
AIMCA
174
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$1.01M +$1.05M +68,236 New
HIMCH
175
Hartford Investment Management Co (HIMCO)
Connecticut
$989K -$116K -7,571 -10%

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.