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Navient

381 hedge funds and large institutions have $3.87B invested in Navient in 2017 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 108 increasing their positions, 186 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more call options, than puts

Call options by funds: $37.2M | Put options by funds: $26.5M

1.74% less ownership

Funds ownership: 91.87%90.14% (-1.7%)

6% less funds holding

Funds holding: 407381 (-26)

15% less capital invested

Capital invested by funds: $4.58B → $3.87B (-$708M)

32% less first-time investments, than exits

New positions opened: 39 | Existing positions closed: 57

42% less repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 186

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
381
Holders Change
-26
Holders Change %
-6.39%
% of All Funds
9.48%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
39
Increased
108
Reduced
186
Closed
57
Calls
$37.2M
Puts
$26.5M
Net Calls
+$10.7M
Net Calls Change
-$13.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$580M +$24.6M +1,606,973 +4%
Barrow, Hanley, Mewhinney & Strauss
2
Barrow, Hanley, Mewhinney & Strauss
Texas
$457M -$16.2M -1,054,273 -3%
Boston Partners
3
Boston Partners
Massachusetts
$374M -$38.7M -2,522,814 -9%
BlackRock
4
BlackRock
New York
$316M +$316M +20,607,439 +2,615%
State Street
5
State Street
Massachusetts
$232M -$7.1M -462,948 -3%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$133M +$15.7M +1,022,191 +13%
Invesco
7
Invesco
Georgia
$91.7M +$101K +6,591 +0.1%
LSV Asset Management
8
LSV Asset Management
Illinois
$75.4M +$7.43M +484,526 +10%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$73.1M -$654K -42,688 -0.9%
Norges Bank
10
Norges Bank
Norway
$69.6M -$2.2M -143,648 -3%
Northern Trust
11
Northern Trust
Illinois
$60.5M -$2.29M -149,378 -4%
Goldman Sachs
12
Goldman Sachs
New York
$57.7M -$4.38M -285,409 -7%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$55.6M +$1.36M +88,680 +2%
D.E. Shaw & Co
14
D.E. Shaw & Co
New York
$50.6M -$12.3M -801,717 -19%
AA
15
ALPS Advisors
Colorado
$47.9M +$16.2M +1,058,662 +48%
GC
16
Guggenheim Capital
Illinois
$47M +$9.59M +625,390 +24%
AQR Capital Management
17
AQR Capital Management
Connecticut
$46.9M +$3.58M +233,203 +8%
Ameriprise
18
Ameriprise
Minnesota
$41.3M -$26.7M -1,743,571 -38%
OA
19
Omega Advisors
New York
$40.5M -$15.5M -1,011,515 -27%
Fiera Capital (Canada)
20
Fiera Capital (Canada)
Quebec, Canada
$31.4M -$5.17M -337,271 -14%
JHIU
21
Janus Henderson Investors US
Colorado
$30.9M -$13.2M -862,511 -29%
Legal & General Group
22
Legal & General Group
United Kingdom
$27.8M +$153K +9,954 +0.5%
Deutsche Bank
23
Deutsche Bank
Germany
$25.4M +$5.64M +367,862 +27%
Bank of America
24
Bank of America
North Carolina
$22.8M +$643K +41,922 +3%
Charles Schwab
25
Charles Schwab
California
$22.5M +$1.14M +74,253 +5%

NAVI Hedge Fund Activity: Q1 2017 in Review

381 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q1 2017, worth a combined $3.87B — down 15% from $4.58B a quarter earlier.

Sellers outnumbered buyers: 57 funds closed out of NAVI and 39 opened new positions — a net loss of 18 holders — while 186 trimmed existing stakes and 108 added.

The largest buyer was BlackRock, adding an estimated $316M. The largest seller was Credit Agricole, cutting an estimated $77.9M.

  • 381 institutional investors held Navient (NAVI) as of Q1 2017, down from 407 in Q4 2016.
  • Funds reported $3.87B of Navient stock for Q1 2017, down 15% quarter-over-quarter.
  • 39 funds opened new Navient positions in Q1 2017 and 57 closed out, a net change of -18 holders.
  • The largest Navient buyer in Q1 2017 was BlackRock, an estimated $316M added.
  • The largest Navient seller in Q1 2017 was Credit Agricole, an estimated $77.9M sold.

Based on aggregated 13F filings for Q1 2017.