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Navient

365 hedge funds and large institutions have $3.75B invested in Navient in 2016 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 105 increasing their positions, 163 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 36

1% more funds holding

Funds holding: 360365 (+5)

4% less capital invested

Capital invested by funds: $3.89B → $3.75B (-$137M)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

36% less repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 163

64% less call options, than puts

Call options by funds: $6.4M | Put options by funds: $17.8M

Holders
365
Holders Change
+5
Holders Change %
+1.39%
% of All Funds
9.73%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.08%
New
44
Increased
105
Reduced
163
Closed
36
Calls
$6.4M
Puts
$17.8M
Net Calls
-$11.4M
Net Calls Change
+$1.09M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$470M +$27.8M +2,673,398 +7%
Barrow, Hanley, Mewhinney & Strauss
2
Barrow, Hanley, Mewhinney & Strauss
Texas
$413M -$4.03M -387,947 -1%
Boston Partners
3
Boston Partners
Massachusetts
$299M +$21.8M +2,100,228 +9%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$252M +$36.1M +3,466,934 +20%
State Street
5
State Street
Massachusetts
$193M -$10.9M -1,045,644 -6%
OA
6
Omega Advisors
New York
$169M -$11.2M -1,079,794 -7%
BIT
7
BlackRock Institutional Trust
California
$109M -$4.34M -417,465 -4%
Ameriprise
8
Ameriprise
Minnesota
$98.6M -$19.2M -1,842,624 -18%
Prudential Financial
9
Prudential Financial
New Jersey
$83.9M -$13.2M -1,271,490 -15%
CC
10
Carlson Capital
Texas
$71.8M -$36.5M -3,510,405 -37%
BFA
11
BlackRock Fund Advisors
California
$63.2M -$4.44M -426,775 -7%
D.E. Shaw & Co
12
D.E. Shaw & Co
New York
$63.1M -$15.5M -1,491,710 -22%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$62.7M -$1.64M -158,146 -3%
Northern Trust
14
Northern Trust
Illinois
$56.2M -$2.08M -200,019 -4%
Norges Bank
15
Norges Bank
Norway
$56.1M +$4.79M +460,614 +11%
TSW
16
Thompson Siegel & Walmsley
Virginia
$56M +$15M +1,438,001 +44%
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$50M +$1.26M +121,080 +3%
KCM
18
Kingstown Capital Management
New York
$47.9M +$5.2M +500,000 +14%
JP Morgan Chase
19
JP Morgan Chase
New York
$47.7M +$9.77M +939,208 +31%
GC
20
Guggenheim Capital
Illinois
$41M -$5.38M -517,201 -13%
Goldman Sachs
21
Goldman Sachs
New York
$35M -$26.2M -2,518,701 -46%
CCA
22
Canyon Capital Advisors
Texas
$35M +$4.98M +478,550 +20%
Invesco
23
Invesco
Georgia
$34.8M +$9.9M +951,581 +49%
BG
24
BlackRock Group
United Kingdom
$32.6M -$1.82M -174,535 -6%
LSV Asset Management
25
LSV Asset Management
Illinois
$31.1M +$547K +52,600 +2%

NAVI Hedge Fund Activity: Q1 2016 in Review

365 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q1 2016, worth a combined $3.75B — down 3.5% from $3.89B a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new NAVI positions and 36 closed out — a net gain of 8 holders — while 105 added to existing stakes and 163 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $36.1M. The largest seller was Carlson Capital, cutting an estimated $36.5M.

  • 365 institutional investors held Navient (NAVI) as of Q1 2016, up from 360 in Q4 2015.
  • Funds reported $3.75B of Navient stock for Q1 2016, down 3.5% quarter-over-quarter.
  • 44 funds opened new Navient positions in Q1 2016 and 36 closed out, a net change of +8 holders.
  • The largest Navient buyer in Q1 2016 was Fidelity Investments, an estimated $36.1M added.
  • The largest Navient seller in Q1 2016 was Carlson Capital, an estimated $36.5M sold.

Based on aggregated 13F filings for Q1 2016.