Ingevity
NGVT
268 hedge funds and large institutions have $2.15B invested in Ingevity in 2016 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 90 increasing their positions, 82 reducing their positions, and 39 closing their positions.
38% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 39
17% more capital invested
Capital invested by funds: $1.83B → $2.15B (+$320M)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
4% more funds holding
Funds holding: 258 → 268 (+10)
10% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 82
1.34% less ownership
Funds ownership: 94.47% → 93.13% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$28M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$19.1M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$16.2M |
| 4 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$13M |
| 5 |
SAM
Silvercrest Asset Management
New York
|
+$9.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$51.1M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$42.2M |
| 3 |
RL
Ruffer LLP
London,
United Kingdom
|
-$30.6M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$15.7M |
| 5 |
GGPE
Golden Gate Private Equity
San Francisco,
California
|
-$15.3M |
NGVT Hedge Fund Activity: Q4 2016 in Review
268 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Ingevity (NGVT) for Q4 2016, worth a combined $2.15B — up 17% from $1.83B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new NGVT positions and 39 closed out — a net gain of 15 holders — while 90 added to existing stakes and 82 trimmed.
The largest buyer was Franklin Resources, adding an estimated $28M. The largest seller was Fidelity Investments, cutting an estimated $51.1M.
- 268 institutional investors held Ingevity (NGVT) as of Q4 2016, up from 258 in Q3 2016.
- Funds reported $2.15B of Ingevity stock for Q4 2016, up 17% quarter-over-quarter.
- 54 funds opened new Ingevity positions in Q4 2016 and 39 closed out, a net change of +15 holders.
- The largest Ingevity buyer in Q4 2016 was Franklin Resources, an estimated $28M added.
- The largest Ingevity seller in Q4 2016 was Fidelity Investments, an estimated $51.1M sold.
Based on aggregated 13F filings for Q4 2016.