Navient
NAVI
359 hedge funds and large institutions have $3.51B invested in Navient in 2018 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 108 increasing their positions, 157 reducing their positions, and 48 closing their positions.
3.47% more ownership
Funds ownership: 98.1% → 101.58% (+3.5%)
2% more capital invested
Capital invested by funds: $3.44B → $3.51B (+$74.1M)
1% less call options, than puts
Call options by funds: $2.79M | Put options by funds: $2.81M
3% less funds holding
Funds holding: 371 → 359 (-12)
10% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 48
31% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 157
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$88.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$69.5M |
| 3 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
+$66.5M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$19.1M |
| 5 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$18.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
-$33.3M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$31.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$30.8M |
| 4 |
BCPEM
Bain Capital Public Equity Management
Boston,
Massachusetts
|
-$17.7M |
| 5 |
Legal & General Group
London,
United Kingdom
|
-$12.4M |
NAVI Hedge Fund Activity: Q1 2018 in Review
359 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q1 2018, worth a combined $3.51B — up 2.2% from $3.44B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of NAVI and 43 opened new positions — a net loss of 5 holders — while 157 trimmed existing stakes and 108 added.
The largest buyer was Eaton Vance Management, adding an estimated $88.6M. The largest seller was Carlson Capital, exiting entirely with an estimated $33.3M sold.
- 359 institutional investors held Navient (NAVI) as of Q1 2018, down from 371 in Q4 2017.
- Funds reported $3.51B of Navient stock for Q1 2018, up 2.2% quarter-over-quarter.
- 43 funds opened new Navient positions in Q1 2018 and 48 closed out, a net change of -5 holders.
- The largest Navient buyer in Q1 2018 was Eaton Vance Management, an estimated $88.6M added.
- The largest Navient seller in Q1 2018 was Carlson Capital, an estimated $33.3M sold.
Based on aggregated 13F filings for Q1 2018.