Navient
NAVI
356 hedge funds and large institutions have $3.72B invested in Navient in 2017 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 95 increasing their positions, 166 reducing their positions, and 38 closing their positions.
7% more call options, than puts
Call options by funds: $28.8M | Put options by funds: $26.8M
2.69% less ownership
Funds ownership: 92.96% → 90.28% (-2.7%)
3% less funds holding
Funds holding: 366 → 356 (-10)
14% less capital invested
Capital invested by funds: $4.31B → $3.72B (-$597M)
16% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 38
43% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 166
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$27.5M |
| 2 |
D.E. Shaw & Co
New York
|
+$15.4M |
| 3 |
Millennium Management
New York
|
+$11M |
| 4 |
MLM
Mount Lucas Management
Newtown,
Pennsylvania
|
+$10.1M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$34.6M |
| 2 |
Credit Agricole
Montrouge Cedex,
France
|
-$26.3M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$25.9M |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
-$22.5M |
| 5 |
JP Morgan Chase
New York
|
-$19M |
NAVI Hedge Fund Activity: Q3 2017 in Review
356 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q3 2017, worth a combined $3.72B — down 14% from $4.31B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of NAVI and 32 opened new positions — a net loss of 6 holders — while 166 trimmed existing stakes and 95 added.
The largest buyer was AJO LP, adding an estimated $27.5M. The largest seller was Vanguard Group, cutting an estimated $34.6M.
- 356 institutional investors held Navient (NAVI) as of Q3 2017, down from 366 in Q2 2017.
- Funds reported $3.72B of Navient stock for Q3 2017, down 14% quarter-over-quarter.
- 32 funds opened new Navient positions in Q3 2017 and 38 closed out, a net change of -6 holders.
- The largest Navient buyer in Q3 2017 was AJO LP, an estimated $27.5M added.
- The largest Navient seller in Q3 2017 was Vanguard Group, an estimated $34.6M sold.
Based on aggregated 13F filings for Q3 2017.