Navient
NAVI
377 hedge funds and large institutions have $3.66B invested in Navient in 2016 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 120 increasing their positions, 143 reducing their positions, and 37 closing their positions.
46% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 37
3% more funds holding
Funds holding: 365 → 377 (+12)
4% less capital invested
Capital invested by funds: $3.8B → $3.66B (-$145M)
16% less repeat investments, than reductions
Existing positions increased: 120 | 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: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$25.1M |
| 2 |
Goldman Sachs
New York
|
+$18.6M |
| 3 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
+$15.8M |
| 4 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$12M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$11.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$95.9M |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$58.6M |
| 3 |
CC
Carlson Capital
Dallas,
Texas
|
-$30.7M |
| 4 |
O
OppenheimerFunds
New York
|
-$24.3M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$21M |
NAVI Hedge Fund Activity: Q2 2016 in Review
377 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q2 2016, worth a combined $3.66B — down 3.8% from $3.8B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new NAVI positions and 37 closed out — a net gain of 17 holders — while 120 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 $3.66B of Navient stock for Q2 2016, down 3.8% 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.