Ingevity
NGVT
315 hedge funds and large institutions have $2.74B invested in Ingevity in 2017 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 113 increasing their positions, 83 reducing their positions, and 25 closing their positions.
168% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 25
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
36% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 83
15% more funds holding
Funds holding: 273 → 315 (+42)
13% more capital invested
Capital invested by funds: $2.43B → $2.74B (+$317M)
0.32% more ownership
Funds ownership: 92.1% → 92.42% (+0.32%)
78% less call options, than puts
Call options by funds: $317K | Put options by funds: $1.46M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Ardevora Asset Management
London,
United Kingdom
|
+$35.4M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$20M |
| 3 |
BlackRock
New York
|
+$18.3M |
| 4 |
Goldman Sachs
New York
|
+$16.6M |
| 5 |
Two Sigma Investments
New York
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TGHSA
TPG Group Holdings (SBS) Advisors
Fort Worth,
Texas
|
-$62.4M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$31.9M |
| 3 |
GL
Governors Lane
New York
|
-$23.7M |
| 4 |
SAM
Silvercrest Asset Management
New York
|
-$17.6M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$14.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
326
Cutler Group
San Francisco,
California
| – | -$10K | -172 | Closed |
|
|
ZB
327
Zions Bancorporation
Salt Lake City,
Utah
| – | -$2K | -31 | Closed |
|
|
CIM
328
Contravisory Investment Management
Norwell,
Massachusetts
| – | -$2K | -30 | Closed |
|
|
BFEC
329
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$1K | -22 | Closed |
|
|
CBT
330
Capital Bank & Trust
Irvine,
California
| – | -$649 | -9 | -75% |
|
|
QI
331
QS Investors
New York
| – | -$1K | -9 | Closed |
|
332
CIBC Private Wealth Group
Atlanta,
Georgia
| – | +$433 | +6 | New |
|
NGVT Hedge Fund Activity: Q4 2017 in Review
315 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Ingevity (NGVT) for Q4 2017, worth a combined $2.74B — up 13% from $2.43B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new NGVT positions and 25 closed out — a net gain of 42 holders — while 113 added to existing stakes and 83 trimmed.
The largest buyer was Ardevora Asset Management, opening a new position worth an estimated $35.4M. The largest seller was TPG Group Holdings (SBS) Advisors, exiting entirely with an estimated $62.4M sold.
- 315 institutional investors held Ingevity (NGVT) as of Q4 2017, up from 273 in Q3 2017.
- Funds reported $2.74B of Ingevity stock for Q4 2017, up 13% quarter-over-quarter.
- 67 funds opened new Ingevity positions in Q4 2017 and 25 closed out, a net change of +42 holders.
- The largest Ingevity buyer in Q4 2017 was Ardevora Asset Management, an estimated $35.4M added.
- The largest Ingevity seller in Q4 2017 was TPG Group Holdings (SBS) Advisors, an estimated $62.4M sold.
Based on aggregated 13F filings for Q4 2017.