nCino
NCNO
198 hedge funds and large institutions have $3.21B invested in nCino in 2023 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 56 increasing their positions, 69 reducing their positions, and 31 closing their positions.
280% more call options, than puts
Call options by funds: $34.9M | Put options by funds: $9.19M
21% more capital invested
Capital invested by funds: $2.64B → $3.21B (+$568M)
13% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 31
2% more funds holding
Funds holding: 195 → 198 (+3)
0.38% less ownership
Funds ownership: 95.39% → 95.01% (-0.38%)
19% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 69
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
+$30.8M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$16.1M |
| 3 |
ACL
Azora Capital LP
Miami,
Florida
|
+$13.3M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$12.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$42.5M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$17.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$15.5M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$12.2M |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
-$7.13M |
NCNO Hedge Fund Activity: Q2 2023 in Review
198 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in nCino (NCNO) for Q2 2023, worth a combined $3.21B — up 21% from $2.64B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new NCNO positions and 31 closed out — a net gain of 4 holders — while 56 added to existing stakes and 69 trimmed.
The largest buyer was Fred Alger Management, adding an estimated $30.8M. The largest seller was Wellington Management Group, exiting entirely with an estimated $42.5M sold.
- 198 institutional investors held nCino (NCNO) as of Q2 2023, up from 195 in Q1 2023.
- Funds reported $3.21B of nCino stock for Q2 2023, up 21% quarter-over-quarter.
- 35 funds opened new nCino positions in Q2 2023 and 31 closed out, a net change of +4 holders.
- The largest nCino buyer in Q2 2023 was Fred Alger Management, an estimated $30.8M added.
- The largest nCino seller in Q2 2023 was Wellington Management Group, an estimated $42.5M sold.
Based on aggregated 13F filings for Q2 2023.