Navient
NAVI
277 hedge funds and large institutions have $2.3B invested in Navient in 2021 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 80 increasing their positions, 114 reducing their positions, and 43 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
128% more call options, than puts
Call options by funds: $15.1M | Put options by funds: $6.61M
37% more capital invested
Capital invested by funds: $1.68B → $2.3B (+$617M)
4% less funds holding
Funds holding: 289 → 277 (-12)
4.28% less ownership
Funds ownership: 92.1% → 87.82% (-4.3%)
16% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 43
30% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 114
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
+$30.6M |
| 2 |
BlackRock
New York
|
+$13.7M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$7.88M |
| 4 |
MWNA
Marshall Wace North America
New York
|
+$6.54M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
-$34.4M |
| 2 |
SSP
Sixth Street Partners
Dallas,
Texas
|
-$18.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$11.1M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$10.5M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$9.69M |
NAVI Hedge Fund Activity: Q1 2021 in Review
277 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q1 2021, worth a combined $2.3B — up 37% from $1.68B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of NAVI and 36 opened new positions — a net loss of 7 holders — while 114 trimmed existing stakes and 80 added.
The largest buyer was Donald Smith & Co, opening a new position worth an estimated $30.6M. The largest seller was HG Vora Capital Management, exiting entirely with an estimated $34.4M sold.
- 277 institutional investors held Navient (NAVI) as of Q1 2021, down from 289 in Q4 2020.
- Funds reported $2.3B of Navient stock for Q1 2021, up 37% quarter-over-quarter.
- 36 funds opened new Navient positions in Q1 2021 and 43 closed out, a net change of -7 holders.
- The largest Navient buyer in Q1 2021 was Donald Smith & Co, an estimated $30.6M added.
- The largest Navient seller in Q1 2021 was HG Vora Capital Management, an estimated $34.4M sold.
Based on aggregated 13F filings for Q1 2021.