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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.

New
Increased
Maintained
Reduced
Closed

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: 197209 (+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: 115 (-6)

Holders
209
Holders Change
+12
Holders Change %
+6.09%
% of All Funds
3.05%
Holding in Top 10
5
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-54.55%
% of All Funds
0.07%
New
36
Increased
71
Reduced
83
Closed
22
Calls
$52.2M
Puts
$9.72M
Net Calls
+$42.5M
Net Calls Change
+$5.7M
Name Holding Trade Value Shares
Change
Change in
Stake
IHG
1
Insight Holdings Group
New York
$1.32B
HCM
2
HMI Capital Management
California
$270M -$4.02M -134,938 -2%
Kayne Anderson Rudnick Investment Management
3
Kayne Anderson Rudnick Investment Management
California
$244M -$7.49M -251,557 -3%
Vanguard Group
4
Vanguard Group
Pennsylvania
$235M -$28.5K -959 -0%
DIG
5
Dragoneer Investment Group
California
$156M -$100M -3,374,638 -42%
BCM
6
Brown Capital Management
Maryland
$135M -$666K -22,383 -0.6%
BlackRock
7
BlackRock
New York
$102M +$3.37M +113,137 +4%
WA
8
Wasatch Advisors
Utah
$75.8M +$10.7M +358,766 +19%
JP Morgan Chase
9
JP Morgan Chase
New York
$69.9M +$5.13M +172,366 +9%
MG
10
Meritage Group
California
$57.5M +$243K +8,157 +0.5%
KC
11
Keenan Capital
California
$49.6M -$15.3M -515,000 -26%
T. Rowe Price Investment Management
12
T. Rowe Price Investment Management
Maryland
$42.7M +$3.28M +110,243 +10%
State Street
13
State Street
Massachusetts
$40.7M +$2.4M +80,581 +7%
JCAM
14
Jericho Capital Asset Management
New York
$37M +$32.7M +1,099,000 New
ClearBridge Investments
15
ClearBridge Investments
New York
$36.1M +$15.6M +525,605 +96%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$35.1M +$672K +22,578 +2%
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$34.8M +$5.29M +177,799 +21%
FAM
18
Fred Alger Management
New York
$34M -$9.76M -328,110 -25%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$31M -$1.7M -57,105 -6%
TCM
20
Tensile Capital Management
California
$30.3M +$6.59M +221,580 +33%
UI
21
Untitled Investments
New York
$29.1M +$11.6M +388,670 +82%
ACL
22
Azora Capital LP
Florida
$28.7M -$9.18M -308,413 -27%
Norges Bank
23
Norges Bank
Norway
$25.3M +$2.56M +86,186 +13%
New York State Common Retirement Fund
24
New York State Common Retirement Fund
New York
$23.6M -$1.18M -39,503 -5%
WP
25
Woodline Partners
California
$23.2M +$11.5M +387,419 +128%

NCNO Hedge Fund Activity: Q4 2023 in Review

209 of the 6,859 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.