Ingevity
NGVT
258 hedge funds and large institutions have $1.66B invested in Ingevity in 2023 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 77 increasing their positions, 89 reducing their positions, and 32 closing their positions.
136% more call options, than puts
Call options by funds: $3.18M | Put options by funds: $1.35M
28% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 32
3% more funds holding
Funds holding: 251 → 258 (+7)
2.79% less ownership
Funds ownership: 98.92% → 96.13% (-2.8%)
13% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 89
21% less capital invested
Capital invested by funds: $2.09B → $1.66B (-$435M)
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$13.9M |
| 2 |
Millennium Management
New York
|
+$12.8M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$9.5M |
| 4 |
First Eagle Investment Management
New York
|
+$8.56M |
| 5 |
SI
Sapience Investments
Newport Beach,
California
|
+$7.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$39.5M |
| 2 |
BBCM
Broad Bay Capital Management
New York
|
-$15.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$15.2M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$13.2M |
| 5 |
AI
Aperture Investors
New York
|
-$13.1M |
NGVT Hedge Fund Activity: Q3 2023 in Review
258 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Ingevity (NGVT) for Q3 2023, worth a combined $1.66B — down 21% from $2.09B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new NGVT positions and 32 closed out — a net gain of 9 holders — while 77 added to existing stakes and 89 trimmed.
The largest buyer was Royce & Associates, opening a new position worth an estimated $13.9M. The largest seller was Massachusetts Financial Services, exiting entirely with an estimated $39.5M sold.
- 258 institutional investors held Ingevity (NGVT) as of Q3 2023, up from 251 in Q2 2023.
- Funds reported $1.66B of Ingevity stock for Q3 2023, down 21% quarter-over-quarter.
- 41 funds opened new Ingevity positions in Q3 2023 and 32 closed out, a net change of +9 holders.
- The largest Ingevity buyer in Q3 2023 was Royce & Associates, an estimated $13.9M added.
- The largest Ingevity seller in Q3 2023 was Massachusetts Financial Services, an estimated $39.5M sold.
Based on aggregated 13F filings for Q3 2023.