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Navient

377 hedge funds and large institutions have $3.65B invested in Navient in 2016 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 121 increasing their positions, 143 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

46% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 37

3% more funds holding

Funds holding: 365377 (+12)

3% less capital invested

Capital invested by funds: $3.75B → $3.65B (-$97.5M)

15% less repeat investments, than reductions

Existing positions increased: 121 | Existing positions reduced: 143

61% less call options, than puts

Call options by funds: $7.45M | Put options by funds: $19M

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
377
Holders Change
+12
Holders Change %
+3.29%
% of All Funds
10.06%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.03%
New
54
Increased
121
Reduced
143
Closed
37
Calls
$7.45M
Puts
$19M
Net Calls
-$11.6M
Net Calls Change
-$147K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$478M +$9.72M +764,136 +2%
Barrow, Hanley, Mewhinney & Strauss
2
Barrow, Hanley, Mewhinney & Strauss
Texas
$400M -$12.9M -1,016,880 -3%
Boston Partners
3
Boston Partners
Massachusetts
$302M +$3.91M +307,317 +1%
State Street
4
State Street
Massachusetts
$192M -$1.1M -86,148 -0.5%
OA
5
Omega Advisors
New York
$165M -$3.52M -277,050 -2%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$162M -$95.9M -7,538,895 -36%
BIT
7
BlackRock Institutional Trust
California
$117M +$8.88M +697,891 +8%
Ameriprise
8
Ameriprise
Minnesota
$94M -$4.71M -370,290 -4%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$73.5M +$25.1M +1,971,640 +47%
D.E. Shaw & Co
10
D.E. Shaw & Co
New York
$70.3M +$7.74M +608,330 +12%
Prudential Financial
11
Prudential Financial
New Jersey
$64M -$21M -1,650,497 -24%
BFA
12
BlackRock Fund Advisors
California
$63M -$44.5K -3,502 -0.1%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$62M -$679K -53,414 -1%
Northern Trust
14
Northern Trust
Illinois
$56.1M -$337K -26,518 -0.6%
Goldman Sachs
15
Goldman Sachs
New York
$52.4M +$18.6M +1,461,697 +50%
Norges Bank
16
Norges Bank
Norway
$52M -$4.27M -335,601 -7%
Invesco
17
Invesco
Georgia
$43.9M +$9.78M +768,707 +26%
CC
18
Carlson Capital
Texas
$42.9M -$30.7M -2,411,519 -40%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$41.5M -$6.49M -510,176 -13%
LSV Asset Management
20
LSV Asset Management
Illinois
$40.2M +$9.74M +765,749 +29%
KCM
21
Kingstown Capital Management
New York
$35.9M -$12.7M -1,000,000 -25%
JP Morgan Chase
22
JP Morgan Chase
New York
$34.3M -$14.2M -1,113,625 -28%
Deutsche Bank
23
Deutsche Bank
Germany
$33.2M +$7.23M +568,386 +26%
GC
24
Guggenheim Capital
Illinois
$32.9M -$8.52M -669,505 -20%
BG
25
BlackRock Group
United Kingdom
$30.4M -$2.24M -176,214 -6%

NAVI Hedge Fund Activity: Q2 2016 in Review

377 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q2 2016, worth a combined $3.65B — down 2.6% from $3.75B a quarter earlier.

Buyers outnumbered sellers: 54 funds opened new NAVI positions and 37 closed out — a net gain of 17 holders — while 121 added to existing stakes and 143 trimmed.

The largest buyer was Dimensional Fund Advisors, adding an estimated $25.1M. The largest seller was Fidelity Investments, cutting an estimated $95.9M.

  • 377 institutional investors held Navient (NAVI) as of Q2 2016, up from 365 in Q1 2016.
  • Funds reported $3.65B of Navient stock for Q2 2016, down 2.6% quarter-over-quarter.
  • 54 funds opened new Navient positions in Q2 2016 and 37 closed out, a net change of +17 holders.
  • The largest Navient buyer in Q2 2016 was Dimensional Fund Advisors, an estimated $25.1M added.
  • The largest Navient seller in Q2 2016 was Fidelity Investments, an estimated $95.9M sold.

Based on aggregated 13F filings for Q2 2016.