Ingevity
NGVT
309 hedge funds and large institutions have $3.2B invested in Ingevity in 2018 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 90 increasing their positions, 104 reducing their positions, and 41 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
12% more capital invested
Capital invested by funds: $2.86B → $3.2B (+$334M)
1.83% more ownership
Funds ownership: 92% → 93.84% (+1.8%)
1% less funds holding
Funds holding: 312 → 309 (-3)
5% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 41
13% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 104
58% less call options, than puts
Call options by funds: $1.82M | Put options by funds: $4.33M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$48.6M |
| 2 |
BlackRock
New York
|
+$34.3M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
+$29M |
| 4 |
Goldman Sachs
New York
|
+$27.5M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$19.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$27.5M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$26M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$16.7M |
| 4 |
Renaissance Technologies
New York
|
-$11.9M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$11.1M |
NGVT Hedge Fund Activity: Q2 2018 in Review
309 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Ingevity (NGVT) for Q2 2018, worth a combined $3.2B — up 12% from $2.86B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of NGVT and 39 opened new positions — a net loss of 2 holders — while 104 trimmed existing stakes and 90 added.
The largest buyer was Fidelity Investments, adding an estimated $48.6M. The largest seller was Prudential Financial, cutting an estimated $27.5M.
- 309 institutional investors held Ingevity (NGVT) as of Q2 2018, down from 312 in Q1 2018.
- Funds reported $3.2B of Ingevity stock for Q2 2018, up 12% quarter-over-quarter.
- 39 funds opened new Ingevity positions in Q2 2018 and 41 closed out, a net change of -2 holders.
- The largest Ingevity buyer in Q2 2018 was Fidelity Investments, an estimated $48.6M added.
- The largest Ingevity seller in Q2 2018 was Prudential Financial, an estimated $27.5M sold.
Based on aggregated 13F filings for Q2 2018.