Navient
NAVI
381 hedge funds and large institutions have $4.2B invested in Navient in 2016 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 126 increasing their positions, 156 reducing their positions, and 27 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
33% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 27
15% more capital invested
Capital invested by funds: $3.66B → $4.2B (+$550M)
1% more funds holding
Funds holding: 377 → 381 (+4)
19% less repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 156
33% less call options, than puts
Call options by funds: $16.8M | Put options by funds: $25.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Credit Agricole
Montrouge Cedex,
France
|
+$83.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$22.9M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$20.1M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$18.2M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$177M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
-$42.9M |
| 3 |
OA
Omega Advisors
New York
|
-$34.6M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$30.2M |
| 5 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$21.5M |
NAVI Hedge Fund Activity: Q3 2016 in Review
381 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q3 2016, worth a combined $4.2B — up 15% from $3.66B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new NAVI positions and 27 closed out — a net gain of 9 holders — while 126 added to existing stakes and 156 trimmed.
The largest buyer was Credit Agricole, adding an estimated $83.2M. The largest seller was Fidelity Investments, cutting an estimated $177M.
- 381 institutional investors held Navient (NAVI) as of Q3 2016, up from 377 in Q2 2016.
- Funds reported $4.2B of Navient stock for Q3 2016, up 15% quarter-over-quarter.
- 36 funds opened new Navient positions in Q3 2016 and 27 closed out, a net change of +9 holders.
- The largest Navient buyer in Q3 2016 was Credit Agricole, an estimated $83.2M added.
- The largest Navient seller in Q3 2016 was Fidelity Investments, an estimated $177M sold.
Based on aggregated 13F filings for Q3 2016.