Navient
NAVI
271 hedge funds and large institutions have $1.47B invested in Navient in 2020 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 87 increasing their positions, 96 reducing their positions, and 45 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
12% more capital invested
Capital invested by funds: $1.31B → $1.47B (+$158M)
2% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 45
9% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 96
1% less funds holding
Funds holding: 275 → 271 (-4)
6.25% less ownership
Funds ownership: 95.99% → 89.74% (-6.2%)
47% less call options, than puts
Call options by funds: $2.74M | Put options by funds: $5.15M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSP
Sixth Street Partners
Dallas,
Texas
|
+$36.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.7M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$10.8M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$7.36M |
| 5 |
Renaissance Technologies
New York
|
+$5.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$56.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$15.6M |
| 3 |
Millennium Management
New York
|
-$14.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$11.5M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$9.93M |
NAVI Hedge Fund Activity: Q3 2020 in Review
271 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q3 2020, worth a combined $1.47B — up 12% from $1.31B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of NAVI and 44 opened new positions — a net loss of 1 holder — while 96 trimmed existing stakes and 87 added.
The largest buyer was Sixth Street Partners, opening a new position worth an estimated $36.1M. The largest seller was Canyon Capital Advisors, exiting entirely with an estimated $56.2M sold.
- 271 institutional investors held Navient (NAVI) as of Q3 2020, down from 275 in Q2 2020.
- Funds reported $1.47B of Navient stock for Q3 2020, up 12% quarter-over-quarter.
- 44 funds opened new Navient positions in Q3 2020 and 45 closed out, a net change of -1 holder.
- The largest Navient buyer in Q3 2020 was Sixth Street Partners, an estimated $36.1M added.
- The largest Navient seller in Q3 2020 was Canyon Capital Advisors, an estimated $56.2M sold.
Based on aggregated 13F filings for Q3 2020.