Navient
NAVI
306 hedge funds and large institutions have $3.01B invested in Navient in 2019 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 82 increasing their positions, 135 reducing their positions, and 46 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
15% more capital invested
Capital invested by funds: $2.61B → $3.01B (+$394M)
0.34% less ownership
Funds ownership: 92.28% → 91.94% (-0.34%)
1% less call options, than puts
Call options by funds: $3.24M | Put options by funds: $3.28M
5% less funds holding
Funds holding: 322 → 306 (-16)
24% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 46
39% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 135
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$20.5M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$17.3M |
| 3 |
CLG
Cooperman Leon G
|
+$14.7M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$11.5M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$25.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$20.6M |
| 3 |
BlackRock
New York
|
-$20.5M |
| 4 |
Millennium Management
New York
|
-$15.7M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
-$13.9M |
NAVI Hedge Fund Activity: Q2 2019 in Review
306 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q2 2019, worth a combined $3.01B — up 15% from $2.61B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of NAVI and 35 opened new positions — a net loss of 11 holders — while 135 trimmed existing stakes and 82 added.
The largest buyer was Invesco, adding an estimated $20.5M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $25.3M.
- 306 institutional investors held Navient (NAVI) as of Q2 2019, down from 322 in Q1 2019.
- Funds reported $3.01B of Navient stock for Q2 2019, up 15% quarter-over-quarter.
- 35 funds opened new Navient positions in Q2 2019 and 46 closed out, a net change of -11 holders.
- The largest Navient buyer in Q2 2019 was Invesco, an estimated $20.5M added.
- The largest Navient seller in Q2 2019 was Barrow, Hanley, Mewhinney & Strauss, an estimated $25.3M sold.
Based on aggregated 13F filings for Q2 2019.