NOV
366 hedge funds and large institutions have $5.89B invested in NOV in 2023 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 120 increasing their positions, 138 reducing their positions, and 68 closing their positions.
253% more call options, than puts
Call options by funds: $36.6M | Put options by funds: $10.4M
0.24% more ownership
Funds ownership: 93.01% → 93.25% (+0.24%)
7% less funds holding
Funds holding: 394 → 366 (-28)
13% less capital invested
Capital invested by funds: $6.77B → $5.89B (-$879M)
13% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 138
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
38% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$118M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$87.4M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$36.8M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
+$27.6M |
| 5 |
Renaissance Technologies
New York
|
+$20.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
-$117M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$42.3M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$36.1M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$34.4M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$31.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BTI
426
Blue Trust Inc
Alpharetta,
Georgia
| – | -$3.59K | -220 | -96% |
|
427
Amundi
Paris,
France
| – | -$3.68K | -202 | Closed |
|
|
TSW
428
Thompson Siegel & Walmsley
Richmond,
Virginia
| – | -$2K | -106 | Closed |
|
|
AAS
429
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$1.18K | -63 | Closed |
|
|
MFT
430
Moisand Fitzgerald Tamayo
Orlando,
Florida
| – | -$870 | -47 | Closed |
|
|
UFF
431
USA Financial Formulas
Ada,
Michigan
| – | -$592 | -32 | Closed |
|
|
BWM
432
BerganKDV Wealth Management
Bloomington,
Minnesota
| – | -$297 | -16 | Closed |
|
|
CAL
433
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | -$33 | -2 | -8% |
|
434
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$293 | +18 | +62% |
|
NOV Hedge Fund Activity: Q2 2023 in Review
366 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in NOV (NOV) for Q2 2023, worth a combined $5.89B — down 13% from $6.77B a quarter earlier.
Sellers outnumbered buyers: 68 funds closed out of NOV and 42 opened new positions — a net loss of 26 holders — while 138 trimmed existing stakes and 120 added.
The largest buyer was Pzena Investment Management, adding an estimated $118M. The largest seller was Harris Associates, cutting an estimated $117M.
- 366 institutional investors held NOV (NOV) as of Q2 2023, down from 394 in Q1 2023.
- Funds reported $5.89B of NOV stock for Q2 2023, down 13% quarter-over-quarter.
- 42 funds opened new NOV positions in Q2 2023 and 68 closed out, a net change of -26 holders.
- The largest NOV buyer in Q2 2023 was Pzena Investment Management, an estimated $118M added.
- The largest NOV seller in Q2 2023 was Harris Associates, an estimated $117M sold.
Based on aggregated 13F filings for Q2 2023.