Navient
NAVI
271 hedge funds and large institutions have $1.87B invested in Navient in 2023 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 98 increasing their positions, 96 reducing their positions, and 17 closing their positions.
71% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 17
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
11.15% more ownership
Funds ownership: 79.44% → 90.59% (+11%)
6% more capital invested
Capital invested by funds: $1.77B → $1.87B (+$97.7M)
4% more funds holding
Funds holding: 260 → 271 (+11)
2% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 96
91% less call options, than puts
Call options by funds: $3.76M | Put options by funds: $41.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$12.8M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$5.54M |
| 3 |
DFCM
Dark Forest Capital Management
San Juan,
Puerto Rico
|
+$4.9M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$4.7M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
+$4.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$44.7M |
| 2 |
BlackRock
New York
|
-$24.9M |
| 3 |
Millennium Management
New York
|
-$18.3M |
| 4 |
GHAM
Gilman Hill Asset Management
New Canaan,
Connecticut
|
-$6.35M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$5.43M |
NAVI Hedge Fund Activity: Q1 2023 in Review
271 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q1 2023, worth a combined $1.87B — up 5.5% from $1.77B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new NAVI positions and 17 closed out — a net gain of 12 holders — while 98 added to existing stakes and 96 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $12.8M. The largest seller was Fidelity Investments, cutting an estimated $44.7M.
- 271 institutional investors held Navient (NAVI) as of Q1 2023, up from 260 in Q4 2022.
- Funds reported $1.87B of Navient stock for Q1 2023, up 5.5% quarter-over-quarter.
- 29 funds opened new Navient positions in Q1 2023 and 17 closed out, a net change of +12 holders.
- The largest Navient buyer in Q1 2023 was D.E. Shaw & Co, an estimated $12.8M added.
- The largest Navient seller in Q1 2023 was Fidelity Investments, an estimated $44.7M sold.
Based on aggregated 13F filings for Q1 2023.