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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
Stifel Financial
151
Stifel Financial
Missouri
$811K +$73K +5,392 +10%
CCA
152
Catalyst Capital Advisors
New York
$802K +$805K +59,500 New
BCM
153
BlueCrest Capital Management
Jersey
$796K +$400K +29,589 +100%
KCM
154
Kendall Capital Management
Maryland
$779K -$25K -1,850 -3%
OAC
155
OMERS Administration Corp
Ontario, Canada
$764K +$491K +36,300 +178%
Thrivent Financial for Lutherans
156
Thrivent Financial for Lutherans
Minnesota
$760K -$53.4K -3,945 -7%
VOYA Investment Management
157
VOYA Investment Management
Georgia
$725K -$17.1K -1,261 -2%
LMGAM
158
Liberty Mutual Group Asset Management
Massachusetts
$710K
AB
159
Amalgamated Bank
New York
$700K -$5.16K -381 -0.7%
RC
160
RBF Capital
California
$698K
LCM
161
Laurion Capital Management
New York
$690K -$2.39M -176,560 -78%
ProShare Advisors
162
ProShare Advisors
Maryland
$681K -$150K -11,092 -18%
State of Wisconsin Investment Board
163
State of Wisconsin Investment Board
Wisconsin
$680K -$12K -890 -2%
CIBC Private Wealth Group
164
CIBC Private Wealth Group
Georgia
$668K -$22.1K -1,631 -3%
TEE
165
Tibra Equities Europe
United Kingdom
$656K +$658K +48,629 New
URS
166
Utah Retirement Systems
Utah
$654K +$1.35K +100 +0.2%
COPPSERS
167
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$645K -$319K -23,573 -33%
TRSOTSOK
168
Teachers Retirement System of the State of Kentucky
Kentucky
$644K -$92K -6,800 -12%
Public Employees Retirement Association of Colorado
169
Public Employees Retirement Association of Colorado
Colorado
$631K -$663 -49 -0.1%
TC
170
Trilogy Capital
California
$612K -$55.5K -4,099 -8%
NMIMC
171
Northwestern Mutual Investment Management Company
Wisconsin
$598K -$103K -7,618 -15%
B
172
Bailard
California
$596K -$96.1K -7,100 -14%
PGCM
173
Prescott Group Capital Management
Oklahoma
$572K
DADC
174
D.A. Davidson & Co
Montana
$559K -$10.6K -780 -2%
CGH
175
Crossmark Global Holdings
Texas
$552K -$9.74K -720 -2%

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.