Navient
NAVI
336 hedge funds and large institutions have $2.81B invested in Navient in 2019 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 96 increasing their positions, 130 reducing their positions, and 23 closing their positions.
130% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 23
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
7% more funds holding
Funds holding: 315 → 336 (+21)
1.41% more ownership
Funds ownership: 91.5% → 92.91% (+1.4%)
4% more capital invested
Capital invested by funds: $2.7B → $2.81B (+$108M)
26% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 130
74% less call options, than puts
Call options by funds: $2.78M | Put options by funds: $10.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$62.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$18.2M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$14.5M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$11.3M |
| 5 |
CIM
Chiron Investment Management
New York
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$196M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$21.6M |
| 3 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$12.5M |
| 4 |
BlackRock
New York
|
-$12M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$9.96M |
NAVI Hedge Fund Activity: Q4 2019 in Review
336 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q4 2019, worth a combined $2.81B — up 4% from $2.7B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new NAVI positions and 23 closed out — a net gain of 30 holders — while 96 added to existing stakes and 130 trimmed.
The largest buyer was Vanguard Group, adding an estimated $62.3M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $196M.
- 336 institutional investors held Navient (NAVI) as of Q4 2019, up from 315 in Q3 2019.
- Funds reported $2.81B of Navient stock for Q4 2019, up 4% quarter-over-quarter.
- 53 funds opened new Navient positions in Q4 2019 and 23 closed out, a net change of +30 holders.
- The largest Navient buyer in Q4 2019 was Vanguard Group, an estimated $62.3M added.
- The largest Navient seller in Q4 2019 was Barrow, Hanley, Mewhinney & Strauss, an estimated $196M sold.
Based on aggregated 13F filings for Q4 2019.