Neogen
NEOG
343 hedge funds and large institutions have $3.77B invested in Neogen in 2024 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 101 increasing their positions, 132 reducing their positions, and 38 closing their positions.
159% more call options, than puts
Call options by funds: $3.02M | Put options by funds: $1.17M
18% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 38
3.24% more ownership
Funds ownership: 107.22% → 110.46% (+3.2%)
1% more funds holding
Funds holding: 340 → 343 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
19% less capital invested
Capital invested by funds: $4.66B → $3.77B (-$890M)
23% less repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 132
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RC
Rivulet Capital
Summit,
New Jersey
|
+$98.8M |
| 2 |
Select Equity Group
New York
|
+$71.2M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$58.6M |
| 4 |
OAM
Ophir Asset Management
Sydney,
Australia
|
+$30M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$27.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$188M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$25.9M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$18.9M |
| 4 |
PP
Pertento Partners
London,
United Kingdom
|
-$16.9M |
| 5 |
Neuberger Berman Group
New York
|
-$12M |
NEOG Hedge Fund Activity: Q1 2024 in Review
343 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Neogen (NEOG) for Q1 2024, worth a combined $3.77B — down 19% from $4.66B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new NEOG positions and 38 closed out — a net gain of 7 holders — while 101 added to existing stakes and 132 trimmed.
The largest buyer was Rivulet Capital, opening a new position worth an estimated $98.8M. The largest seller was Wasatch Advisors, exiting entirely with an estimated $188M sold.
- 343 institutional investors held Neogen (NEOG) as of Q1 2024, up from 340 in Q4 2023.
- Funds reported $3.77B of Neogen stock for Q1 2024, down 19% quarter-over-quarter.
- 45 funds opened new Neogen positions in Q1 2024 and 38 closed out, a net change of +7 holders.
- The largest Neogen buyer in Q1 2024 was Rivulet Capital, an estimated $98.8M added.
- The largest Neogen seller in Q1 2024 was Wasatch Advisors, an estimated $188M sold.
Based on aggregated 13F filings for Q1 2024.