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343 hedge funds and large institutions have $5.98B invested in NOV in 2022 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 108 increasing their positions, 124 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more call options, than puts

Call options by funds: $14.7M | Put options by funds: $8.38M

2.32% less ownership

Funds ownership: 96.46%94.14% (-2.3%)

3% less funds holding

Funds holding: 353343 (-10)

7% less capital invested

Capital invested by funds: $6.41B → $5.98B (-$421M)

13% less repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 124

18% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 49

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

Holders
343
Holders Change
-10
Holders Change %
-2.83%
% of All Funds
5.91%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.07%
New
40
Increased
108
Reduced
124
Closed
49
Calls
$14.7M
Puts
$8.38M
Net Calls
+$6.31M
Net Calls Change
-$1.43M
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
26
Polaris Capital Management
Massachusetts
$42.4M -$172K -10,196 -0.4%
EDRH
27
Edmond de Rothschild Holding
Switzerland
$41.3M +$1.68M +100,000 +4%
Bank of America
28
Bank of America
North Carolina
$41.1M -$734K -43,631 -2%
N
29
Nuveen
North Carolina
$36.9M -$2.86M -170,256 -7%
MCM
30
Masters Capital Management
Georgia
$32.4M
Russell Investments Group
31
Russell Investments Group
United Kingdom
$31.9M +$7.98M +474,269 +32%
Morgan Stanley
32
Morgan Stanley
New York
$29.8M -$724K -43,042 -2%
HA
33
Heartland Advisors
Wisconsin
$26.3M +$826K +49,078 +3%
ECA
34
Encompass Capital Advisors
New York
$25.6M -$148K -8,772 -0.6%
Principal Financial Group
35
Principal Financial Group
Iowa
$24.8M -$255K -15,148 -1%
New York State Common Retirement Fund
36
New York State Common Retirement Fund
New York
$22.7M -$36.4K -2,163 -0.2%
WCM
37
Wedge Capital Management
North Carolina
$21.6M +$951K +56,561 +4%
Fisher Asset Management
38
Fisher Asset Management
Washington
$20M +$8.39K +499 +0%
RhumbLine Advisers
39
RhumbLine Advisers
Massachusetts
$19.1M +$556K +33,065 +3%
Legal & General Group
40
Legal & General Group
United Kingdom
$18.9M -$705K -41,935 -3%
SEI Investments
41
SEI Investments
Pennsylvania
$17.3M +$5.63M +334,668 +45%
Goldman Sachs
42
Goldman Sachs
New York
$16.9M +$2.19M +130,360 +14%
AI
43
Ariel Investments
Illinois
$16.5M -$23.9K -1,421 -0.1%
First Trust Advisors
44
First Trust Advisors
Illinois
$15.7M +$269K +15,994 +2%
Swiss National Bank
45
Swiss National Bank
Switzerland
$15.1M +$109K +6,500 +0.7%
California Public Employees Retirement System
46
California Public Employees Retirement System
California
$14.7M +$2.21M +131,342 +17%
Wells Fargo
47
Wells Fargo
California
$14.5M -$375K -22,308 -2%
SPC
48
Slate Path Capital
New York
$14.2M -$28.9M -1,720,000 -66%
CS
49
Credit Suisse
Switzerland
$13.4M -$68.9K -4,095 -0.5%
GLA
50
Great Lakes Advisors
Illinois
$12.6M +$9.64M +572,849 +282%

NOV Hedge Fund Activity: Q3 2022 in Review

343 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in NOV (NOV) for Q3 2022, worth a combined $5.98B — down 6.6% from $6.41B a quarter earlier.

Sellers outnumbered buyers: 49 funds closed out of NOV and 40 opened new positions — a net loss of 9 holders — while 124 trimmed existing stakes and 108 added.

The largest buyer was Thrivent Financial for Lutherans, adding an estimated $78.5M. The largest seller was Oldfield Partners, exiting entirely with an estimated $123M sold.

  • 343 institutional investors held NOV (NOV) as of Q3 2022, down from 353 in Q2 2022.
  • Funds reported $5.98B of NOV stock for Q3 2022, down 6.6% quarter-over-quarter.
  • 40 funds opened new NOV positions in Q3 2022 and 49 closed out, a net change of -9 holders.
  • The largest NOV buyer in Q3 2022 was Thrivent Financial for Lutherans, an estimated $78.5M added.
  • The largest NOV seller in Q3 2022 was Oldfield Partners, an estimated $123M sold.

Based on aggregated 13F filings for Q3 2022.