Ingevity
NGVT
272 hedge funds and large institutions have $1.31B invested in Ingevity in 2020 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 107 increasing their positions, 78 reducing their positions, and 95 closing their positions.
78% more call options, than puts
Call options by funds: $2.71M | Put options by funds: $1.52M
37% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 78
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4.46% less ownership
Funds ownership: 93.66% → 89.2% (-4.5%)
19% less funds holding
Funds holding: 334 → 272 (-62)
60% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 95
62% less capital invested
Capital invested by funds: $3.42B → $1.31B (-$2.11B)
Top Buyers
| 1 |
MRCP
Maple Rock Capital Partners
Toronto,
Ontario, Canada
|
+$48.7M |
| 2 |
D.E. Shaw & Co
New York
|
+$39.2M |
| 3 |
AAM
Ardevora Asset Management
London,
United Kingdom
|
+$25.6M |
| 4 |
AWG
Alpha Wave Global
New York
|
+$23.3M |
| 5 |
BBCM
Broad Bay Capital Management
New York
|
+$19.2M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CTC
351
Central Trust Company
Jefferson City,
Missouri
| – | -$4K | -50 | Closed |
|
|
VCM
352
Versant Capital Management
Phoenix,
Arizona
| – | -$2.63K | -45 | -98% |
|
|
CFGS
353
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$1.28K | -22 | Closed |
|
|
OPS
354
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$1K | -15 | Closed |
|
|
HGWM
355
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | -$1K | -13 | Closed |
|
|
TWA
356
TCI Wealth Advisors
Tucson,
Arizona
| – | -$1K | -11 | Closed |
|
|
TCOV
357
Trust Company of Vermont
Brattleboro,
Vermont
| – | -$1K | -10 | Closed |
|
|
TFGT
358
TS Financial Group (TSFG)
Lake Forest,
Illinois
| – | -$1K | -9 | Closed |
|
|
M
359
MOTCO
San Antonio,
Texas
| – | +$175 | +3 | New |
|
360
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$175 | +3 | New |
|
NGVT Hedge Fund Activity: Q1 2020 in Review
272 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Ingevity (NGVT) for Q1 2020, worth a combined $1.31B — down 62% from $3.42B a quarter earlier.
Sellers outnumbered buyers: 95 funds closed out of NGVT and 38 opened new positions — a net loss of 57 holders — while 78 trimmed existing stakes and 107 added.
The largest buyer was Maple Rock Capital Partners, opening a new position worth an estimated $48.7M. The largest seller was Channing Capital Management, exiting entirely with an estimated $47.7M sold.
- 272 institutional investors held Ingevity (NGVT) as of Q1 2020, down from 334 in Q4 2019.
- Funds reported $1.31B of Ingevity stock for Q1 2020, down 62% quarter-over-quarter.
- 38 funds opened new Ingevity positions in Q1 2020 and 95 closed out, a net change of -57 holders.
- The largest Ingevity buyer in Q1 2020 was Maple Rock Capital Partners, an estimated $48.7M added.
- The largest Ingevity seller in Q1 2020 was Channing Capital Management, an estimated $47.7M sold.
Based on aggregated 13F filings for Q1 2020.