Navan Inc
NAVN
148 hedge funds and large institutions have $1.98B invested in Navan Inc in 2026 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 36 increasing their positions, 25 reducing their positions, and 30 closing their positions.
123% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 30
44% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 25
32% more funds holding
Funds holding: 112 → 148 (+36)
22% more call options, than puts
Call options by funds: $8.18M | Put options by funds: $6.69M
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
1.12% less ownership
Funds ownership: 65.22% → 64.1% (-1.1%)
24% less capital invested
Capital invested by funds: $2.6B → $1.98B (-$619M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$31.4M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$31.1M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$28.2M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$16M |
| 5 |
ACM
AH Capital Management
Menlo Park,
California
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$35.8M |
| 2 |
Jennison Associates
New York
|
-$31.2M |
| 3 |
BlackRock
New York
|
-$23.2M |
| 4 |
GCP
Greenoaks Capital Partners
Orinda,
California
|
-$20.2M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$13.6M |
NAVN Hedge Fund Activity: Q1 2026 in Review
148 of the 8,129 institutional investors tracked by Wall St. Rank reported a position in Navan Inc (NAVN) for Q1 2026, worth a combined $1.98B — down 24% from $2.6B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new NAVN positions and 30 closed out — a net gain of 37 holders — while 36 added to existing stakes and 25 trimmed.
The largest buyer was Millennium Management, adding an estimated $31.4M. The largest seller was Dragoneer Investment Group, exiting entirely with an estimated $35.8M sold.
- 148 institutional investors held Navan Inc (NAVN) as of Q1 2026, up from 112 in Q4 2025.
- Funds reported $1.98B of Navan Inc stock for Q1 2026, down 24% quarter-over-quarter.
- 67 funds opened new Navan Inc positions in Q1 2026 and 30 closed out, a net change of +37 holders.
- The largest Navan Inc buyer in Q1 2026 was Millennium Management, an estimated $31.4M added.
- The largest Navan Inc seller in Q1 2026 was Dragoneer Investment Group, an estimated $35.8M sold.
Based on aggregated 13F filings for Q1 2026.