Navient
NAVI
252 hedge funds and large institutions have $2.05B invested in Navient in 2023 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 59 increasing their positions, 105 reducing their positions, and 28 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
25% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 28
7% more capital invested
Capital invested by funds: $1.93B → $2.05B (+$127M)
2.23% more ownership
Funds ownership: 91.55% → 93.78% (+2.2%)
1% more funds holding
Funds holding: 250 → 252 (+2)
44% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 105
92% less call options, than puts
Call options by funds: $7.5M | Put options by funds: $95.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
+$15M |
| 2 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
+$12.7M |
| 3 |
Man Group
London,
United Kingdom
|
+$9.56M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$7.27M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$7.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$17.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.75M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$5.94M |
| 4 |
Walleye Capital
New York
|
-$5.65M |
| 5 |
Millennium Management
New York
|
-$5.21M |
NAVI Hedge Fund Activity: Q4 2023 in Review
252 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q4 2023, worth a combined $2.05B — up 6.6% from $1.93B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new NAVI positions and 28 closed out — a net gain of 7 holders — while 59 added to existing stakes and 105 trimmed.
The largest buyer was Donald Smith & Co, adding an estimated $15M. The largest seller was AQR Capital Management, cutting an estimated $17.3M.
- 252 institutional investors held Navient (NAVI) as of Q4 2023, up from 250 in Q3 2023.
- Funds reported $2.05B of Navient stock for Q4 2023, up 6.6% quarter-over-quarter.
- 35 funds opened new Navient positions in Q4 2023 and 28 closed out, a net change of +7 holders.
- The largest Navient buyer in Q4 2023 was Donald Smith & Co, an estimated $15M added.
- The largest Navient seller in Q4 2023 was AQR Capital Management, an estimated $17.3M sold.
Based on aggregated 13F filings for Q4 2023.