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390 hedge funds and large institutions have $7.44B invested in NOV in 2022 Q4 according to their latest regulatory filings, with 80 funds opening new positions, 129 increasing their positions, 107 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

196% more first-time investments, than exits

New positions opened: 80 | Existing positions closed: 27

108% more call options, than puts

Call options by funds: $34.8M | Put options by funds: $16.7M

24% more capital invested

Capital invested by funds: $5.98B → $7.44B (+$1.45B)

21% more repeat investments, than reductions

Existing positions increased: 129 | Existing positions reduced: 107

14% more funds holding

Funds holding: 343390 (+47)

1.38% less ownership

Funds ownership: 94.14%92.76% (-1.4%)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
390
Holders Change
+47
Holders Change %
+13.7%
% of All Funds
6.27%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
80
Increased
129
Reduced
107
Closed
27
Calls
$34.8M
Puts
$16.7M
Net Calls
+$18.1M
Net Calls Change
+$11.8M
Name Holding Trade Value Shares
Change
Change in
Stake
N
26
Nuveen
North Carolina
$45M -$2.58M -123,129 -5%
EDRH
27
Edmond de Rothschild Holding
Switzerland
$45M -$8.39M -400,000 -16%
Morgan Stanley
28
Morgan Stanley
New York
$37.7M -$791K -37,690 -2%
HA
29
Heartland Advisors
Wisconsin
$35.3M +$1.36M +65,002 +4%
New York State Common Retirement Fund
30
New York State Common Retirement Fund
New York
$34.1M +$4.74M +225,866 +16%
DRZID
31
DePrince Race & Zollo Inc (DRZ)
Florida
$33.8M -$24.6M -1,170,102 -42%
Principal Financial Group
32
Principal Financial Group
Iowa
$32.2M +$191K +9,104 +0.6%
Goldman Sachs
33
Goldman Sachs
New York
$31.3M +$9.55M +455,197 +44%
Russell Investments Group
34
Russell Investments Group
United Kingdom
$30.2M -$11M -525,769 -27%
Loomis, Sayles & Company
35
Loomis, Sayles & Company
Massachusetts
$28.8M +$28.9M +1,378,059 New
ECA
36
Encompass Capital Advisors
New York
$27.6M -$5.5M -262,260 -17%
AIM
37
Artemis Investment Management
United Kingdom
$26.5M +$26.5M +1,262,509 New
Millennium Management
38
Millennium Management
New York
$25.9M +$16.5M +786,808 +174%
Fisher Asset Management
39
Fisher Asset Management
Washington
$25.8M +$2.08K +99 +0%
RhumbLine Advisers
40
RhumbLine Advisers
Massachusetts
$24.4M -$211K -10,059 -0.9%
Legal & General Group
41
Legal & General Group
United Kingdom
$24.1M -$254K -12,123 -1%
First Trust Advisors
42
First Trust Advisors
Illinois
$23.4M +$3.11M +148,243 +15%
AI
43
Ariel Investments
Illinois
$21.2M -$73.6K -3,507 -0.3%
MCM
44
Masters Capital Management
Georgia
$20.9M -$21M -1,000,000 -50%
SEI Investments
45
SEI Investments
Pennsylvania
$20.3M -$2.07M -98,576 -9%
Swiss National Bank
46
Swiss National Bank
Switzerland
$19.8M +$359K +17,100 +2%
Wells Fargo
47
Wells Fargo
California
$19.3M +$579K +27,579 +3%
Renaissance Technologies
48
Renaissance Technologies
New York
$19.1M +$19.1M +912,110 New
California Public Employees Retirement System
49
California Public Employees Retirement System
California
$19.1M +$28.9K +1,379 +0.2%
SPC
50
Slate Path Capital
New York
$18.4M

NOV Hedge Fund Activity: Q4 2022 in Review

390 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in NOV (NOV) for Q4 2022, worth a combined $7.44B — up 24% from $5.98B a quarter earlier.

Buyers outnumbered sellers: 80 funds opened new NOV positions and 27 closed out — a net gain of 53 holders — while 129 added to existing stakes and 107 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $80.6M. The largest seller was Pzena Investment Management, cutting an estimated $121M.

  • 390 institutional investors held NOV (NOV) as of Q4 2022, up from 343 in Q3 2022.
  • Funds reported $7.44B of NOV stock for Q4 2022, up 24% quarter-over-quarter.
  • 80 funds opened new NOV positions in Q4 2022 and 27 closed out, a net change of +53 holders.
  • The largest NOV buyer in Q4 2022 was T. Rowe Price Associates, an estimated $80.6M added.
  • The largest NOV seller in Q4 2022 was Pzena Investment Management, an estimated $121M sold.

Based on aggregated 13F filings for Q4 2022.