Navient
NAVI
247 hedge funds and large institutions have $1.9B invested in Navient in 2024 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 70 increasing their positions, 107 reducing their positions, and 28 closing their positions.
3.24% more ownership
Funds ownership: 93.78% → 97.02% (+3.2%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2% less funds holding
Funds holding: 252 → 247 (-5)
7% less capital invested
Capital invested by funds: $2.05B → $1.9B (-$150M)
11% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 28
35% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 107
85% less call options, than puts
Call options by funds: $9.01M | Put options by funds: $61.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.8M |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$10.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$5.37M |
| 4 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$4.66M |
| 5 |
Goldman Sachs
New York
|
+$4.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
-$13.5M |
| 2 |
BlackRock
New York
|
-$9.4M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$8.68M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$7.14M |
| 5 |
Walleye Capital
New York
|
-$5.57M |
NAVI Hedge Fund Activity: Q1 2024 in Review
247 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q1 2024, worth a combined $1.9B — down 7.3% from $2.05B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of NAVI and 25 opened new positions — a net loss of 3 holders — while 107 trimmed existing stakes and 70 added.
The largest buyer was Fidelity Investments, adding an estimated $11.8M. The largest seller was Sumitomo Mitsui DS Asset Management, exiting entirely with an estimated $13.5M sold.
- 247 institutional investors held Navient (NAVI) as of Q1 2024, down from 252 in Q4 2023.
- Funds reported $1.9B of Navient stock for Q1 2024, down 7.3% quarter-over-quarter.
- 25 funds opened new Navient positions in Q1 2024 and 28 closed out, a net change of -3 holders.
- The largest Navient buyer in Q1 2024 was Fidelity Investments, an estimated $11.8M added.
- The largest Navient seller in Q1 2024 was Sumitomo Mitsui DS Asset Management, an estimated $13.5M sold.
Based on aggregated 13F filings for Q1 2024.