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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
GH
201
GAM Holding
Switzerland
$363K +$365K +26,946 New
HIMCH
202
Hartford Investment Management Co (HIMCO)
Connecticut
$360K -$24.1K -1,781 -6%
ECM
203
Element Capital Management
New York
$359K -$1.85M -136,991 -84%
Neuberger Berman Group
204
Neuberger Berman Group
New York
$340K -$18.9K -1,393 -5%
SO
205
STRS Ohio
Ohio
$325K +$19.8K +1,464 +6%
B
206
Barings
North Carolina
$317K -$2.22M -164,109 -87%
SAM
207
Seelaus Asset Management
New Jersey
$312K -$1.69K -125 -0.5%
IFWM
208
Institute for Wealth Management
Colorado
$305K
Zurich Cantonal Bank
209
Zurich Cantonal Bank
Switzerland
$301K +$19.4K +1,430 +7%
LP
210
LMR Partners
United Kingdom
$298K -$2.66M -196,327 -90%
OAM
211
Oppenheimer Asset Management
New York
$297K -$206K -15,192 -41%
PA
212
Profund Advisors
Maryland
$295K -$60.5K -4,472 -17%
PNC Financial Services Group
213
PNC Financial Services Group
Pennsylvania
$286K +$29.8K +2,201 +12%
LPL Financial
214
LPL Financial
California
$283K +$93.6K +6,919 +49%
KBC Group
215
KBC Group
Belgium
$276K
Mirae Asset Global Investments
216
Mirae Asset Global Investments
South Korea
$272K +$273K +20,186 New
US Bancorp
217
US Bancorp
Minnesota
$258K -$18.9K -1,397 -7%
Los Angeles Capital Management
218
Los Angeles Capital Management
California
$256K +$14.9K +1,100 +6%
WAM
219
World Asset Management
Michigan
$255K -$5.47K -404 -2%
SCM
220
Shelton Capital Management
Colorado
$255K +$257K +18,952 New
PAM
221
Panagora Asset Management
Massachusetts
$251K -$192K -14,156 -43%
Tudor Investment Corp
222
Tudor Investment Corp
Connecticut
$243K -$1.1M -81,527 -82%
SBWIC
223
Schaper Benz & Wise Investment Counsel
Wisconsin
$242K
AAMU
224
Amundi Asset Management US
Massachusetts
$237K +$107K +7,878 +81%
Connor, Clark & Lunn Investment Management (CC&L)
225
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$232K -$503K -37,143 -68%

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.