Ingevity
NGVT
361 hedge funds and large institutions have $4.03B invested in Ingevity in 2019 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 97 increasing their positions, 124 reducing their positions, and 23 closing their positions.
204% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 23
23% more capital invested
Capital invested by funds: $3.27B → $4.03B (+$760M)
14% more funds holding
Funds holding: 316 → 361 (+45)
2.52% less ownership
Funds ownership: 93.91% → 91.39% (-2.5%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
22% less repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 124
58% less call options, than puts
Call options by funds: $5.08M | Put options by funds: $12.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$31.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$27.7M |
| 3 |
Millennium Management
New York
|
+$17M |
| 4 |
State Street
Boston,
Massachusetts
|
+$16.1M |
| 5 |
CCI
Columbus Circle Investors
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$131M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$45.2M |
| 3 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$18.6M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$16.1M |
| 5 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$15.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
376
ClearBridge Investments
New York
| – | -$4K | -53 | Closed |
|
|
PWMG
377
Prestige Wealth Management Group
Flemington,
New Jersey
| – | -$1K | -8 | Closed |
|
|
SSB
378
Sandy Spring Bank
Olney,
Maryland
| – | -$1K | -8 | Closed |
|
|
WANY
379
Wealthspire Advisors (New York)
New York
| – | -$1K | -8 | Closed |
|
|
CFB
380
Cullen/Frost Bankers
San Antonio,
Texas
| – | +$100 | +1 | New |
|
NGVT Hedge Fund Activity: Q1 2019 in Review
361 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Ingevity (NGVT) for Q1 2019, worth a combined $4.03B — up 23% from $3.27B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new NGVT positions and 23 closed out — a net gain of 47 holders — while 97 added to existing stakes and 124 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $31.6M. The largest seller was BlackRock, cutting an estimated $131M.
- 361 institutional investors held Ingevity (NGVT) as of Q1 2019, up from 316 in Q4 2018.
- Funds reported $4.03B of Ingevity stock for Q1 2019, up 23% quarter-over-quarter.
- 70 funds opened new Ingevity positions in Q1 2019 and 23 closed out, a net change of +47 holders.
- The largest Ingevity buyer in Q1 2019 was Victory Capital Management, an estimated $31.6M added.
- The largest Ingevity seller in Q1 2019 was BlackRock, an estimated $131M sold.
Based on aggregated 13F filings for Q1 2019.