Navient
NAVI
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.
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: 407 → 381 (-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: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$316M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$24.6M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$20.3M |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
+$16.2M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$15.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Credit Agricole
Montrouge Cedex,
France
|
-$77.9M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$38.7M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$26.7M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$16.2M |
| 5 |
OA
Omega Advisors
New York
|
-$15.5M |
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.