Ingevity
NGVT
250 hedge funds and large institutions have $2.41B invested in Ingevity in 2017 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 84 increasing their positions, 91 reducing their positions, and 34 closing their positions.
217% more call options, than puts
Call options by funds: $2.87M | Put options by funds: $907K
12% more capital invested
Capital invested by funds: $2.15B → $2.41B (+$257M)
0.78% more ownership
Funds ownership: 93.13% → 93.91% (+0.78%)
8% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 91
7% less funds holding
Funds holding: 268 → 250 (-18)
32% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 34
50% less funds holding in top 10
Funds holding in top 10: 8 → 4 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$288M |
| 2 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$86.3M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$47.7M |
| 4 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$31.7M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$53.7M |
| 2 |
GCM
Gruss Capital Management
New York
|
-$44.7M |
| 3 |
AWG
Alpha Wave Global
New York
|
-$39.3M |
| 4 |
RL
Ruffer LLP
London,
United Kingdom
|
-$16.7M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$16.1M |
NGVT Hedge Fund Activity: Q1 2017 in Review
250 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Ingevity (NGVT) for Q1 2017, worth a combined $2.41B — up 12% from $2.15B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of NGVT and 23 opened new positions — a net loss of 11 holders — while 91 trimmed existing stakes and 84 added.
The largest buyer was BlackRock, adding an estimated $288M. The largest seller was Fidelity Investments, cutting an estimated $53.7M.
- 250 institutional investors held Ingevity (NGVT) as of Q1 2017, down from 268 in Q4 2016.
- Funds reported $2.41B of Ingevity stock for Q1 2017, up 12% quarter-over-quarter.
- 23 funds opened new Ingevity positions in Q1 2017 and 34 closed out, a net change of -11 holders.
- The largest Ingevity buyer in Q1 2017 was BlackRock, an estimated $288M added.
- The largest Ingevity seller in Q1 2017 was Fidelity Investments, an estimated $53.7M sold.
Based on aggregated 13F filings for Q1 2017.