nCino
NCNO
209 hedge funds and large institutions have $3.63B invested in nCino in 2023 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 71 increasing their positions, 83 reducing their positions, and 22 closing their positions.
437% more call options, than puts
Call options by funds: $52.2M | Put options by funds: $9.72M
64% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 22
6% more funds holding
Funds holding: 197 → 209 (+12)
6% more capital invested
Capital invested by funds: $3.43B → $3.63B (+$196M)
0.1% less ownership
Funds ownership: 95.54% → 95.44% (-0.1%)
14% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 83
55% less funds holding in top 10
Funds holding in top 10: 11 → 5 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
+$32.7M |
| 2 |
ClearBridge Investments
New York
|
+$15.6M |
| 3 |
BAMCO Inc
New York
|
+$14.9M |
| 4 |
UI
Untitled Investments
New York
|
+$11.6M |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$100M |
| 2 |
KC
Keenan Capital
Burlingame,
California
|
-$15.3M |
| 3 |
WM
Wishbone Management
Chicago,
Illinois
|
-$12M |
| 4 |
FAM
Fred Alger Management
New York
|
-$9.76M |
| 5 |
ACL
Azora Capital LP
Miami,
Florida
|
-$9.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Bessemer Group
Woodbridge,
New Jersey
| – | -$6K | -200 | Closed |
|
|
AF
227
Allworth Financial
Folsom,
California
| – | -$3.08K | -97 | Closed |
|
228
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2.61K | -82 | Closed |
|
|
VNA
229
Valley National Advisers
Bethlehem,
Pennsylvania
| – | -$1K | -30 | Closed |
|
230
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$149 | -5 | -38% |
|
231
First Manhattan
New York
| – | -$95 | -3 | Closed |
|
NCNO Hedge Fund Activity: Q4 2023 in Review
209 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in nCino (NCNO) for Q4 2023, worth a combined $3.63B — up 5.7% from $3.43B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new NCNO positions and 22 closed out — a net gain of 14 holders — while 71 added to existing stakes and 83 trimmed.
The largest buyer was Jericho Capital Asset Management, opening a new position worth an estimated $32.7M. The largest seller was Dragoneer Investment Group, cutting an estimated $100M.
- 209 institutional investors held nCino (NCNO) as of Q4 2023, up from 197 in Q3 2023.
- Funds reported $3.63B of nCino stock for Q4 2023, up 5.7% quarter-over-quarter.
- 36 funds opened new nCino positions in Q4 2023 and 22 closed out, a net change of +14 holders.
- The largest nCino buyer in Q4 2023 was Jericho Capital Asset Management, an estimated $32.7M added.
- The largest nCino seller in Q4 2023 was Dragoneer Investment Group, an estimated $100M sold.
Based on aggregated 13F filings for Q4 2023.