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398 hedge funds and large institutions have $6.96B invested in NOV in 2024 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 137 increasing their positions, 123 reducing their positions, and 54 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,112% more call options, than puts

Call options by funds: $44.2M | Put options by funds: $3.65M

11% more repeat investments, than reductions

Existing positions increased: 137 | Existing positions reduced: 123

2% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 54

0.15% less ownership

Funds ownership: 92.67%92.51% (-0.15%)

1% less funds holding

Funds holding: 401398 (-3)

2% less capital invested

Capital invested by funds: $7.13B → $6.96B (-$170M)

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

Holders
398
Holders Change
-3
Holders Change %
-0.75%
% of All Funds
5.75%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.07%
New
55
Increased
137
Reduced
123
Closed
54
Calls
$44.2M
Puts
$3.65M
Net Calls
+$40.6M
Net Calls Change
+$12.3M
Name Holding Trade Value Shares
Change
Change in
Stake
SPC
26
Slate Path Capital
New York
$54.1M
Holocene Advisors
27
Holocene Advisors
New York
$52.3M -$40.2M -2,146,075 -44%
Morgan Stanley
28
Morgan Stanley
New York
$50.3M -$8.91M -475,693 -15%
N
29
Nuveen
North Carolina
$45.4M -$798K -42,570 -2%
AI
30
Ariel Investments
Illinois
$40.3M -$93.2K -4,975 -0.2%
HA
31
Heartland Advisors
Wisconsin
$39.4M -$495K -26,399 -1%
EDRH
32
Edmond de Rothschild Holding
Switzerland
$35.6M -$10.8M -575,000 -23%
Millennium Management
33
Millennium Management
New York
$35.4M -$64.1M -3,422,006 -65%
MCM
34
Masters Capital Management
Georgia
$34.6M -$3.37M -180,000 -9%
PCM
35
Polaris Capital Management
Massachusetts
$34.5M -$701K -37,400 -2%
GA
36
Greenhaven Associates
New York
$34.2M
New York State Common Retirement Fund
37
New York State Common Retirement Fund
New York
$33.9M +$6.51M +347,172 +24%
First Trust Advisors
38
First Trust Advisors
Illinois
$33.5M +$15.9M +847,281 +93%
DRZID
39
DePrince Race & Zollo Inc (DRZ)
Florida
$32.4M +$29.5M +1,574,188 +1,194%
T. Rowe Price Investment Management
40
T. Rowe Price Investment Management
Maryland
$31.7M -$6.77M -360,999 -18%
Tudor Investment Corp
41
Tudor Investment Corp
Connecticut
$26.4M +$58.8K +3,138 +0.2%
Russell Investments Group
42
Russell Investments Group
United Kingdom
$25.5M +$2.64M +141,078 +12%
Loomis, Sayles & Company
43
Loomis, Sayles & Company
Massachusetts
$25.3M -$3.03M -161,857 -11%
Principal Financial Group
44
Principal Financial Group
Iowa
$25M -$3.12M -166,532 -11%
Marshall Wace
45
Marshall Wace
United Kingdom
$24.8M -$32.9M -1,756,947 -57%
Wells Fargo
46
Wells Fargo
California
$21.8M +$5M +266,752 +30%
SG
47
Sourcerock Group
Colorado
$21.7M +$21.4M +1,143,000 New
RhumbLine Advisers
48
RhumbLine Advisers
Massachusetts
$21.6M -$150K -7,995 -0.7%
JP Morgan Chase
49
JP Morgan Chase
New York
$21.5M +$1.15M +61,354 +6%
UBS AM
50
UBS AM
Illinois
$19.3M +$6.84M +364,851 +56%

NOV Hedge Fund Activity: Q2 2024 in Review

398 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in NOV (NOV) for Q2 2024, worth a combined $6.96B — down 2.4% from $7.13B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new NOV positions and 54 closed out — a net gain of 1 holder — while 137 added to existing stakes and 123 trimmed.

The largest buyer was Bank of New York Mellon, adding an estimated $74.8M. The largest seller was Millennium Management, cutting an estimated $64.1M.

  • 398 institutional investors held NOV (NOV) as of Q2 2024, down from 401 in Q1 2024.
  • Funds reported $6.96B of NOV stock for Q2 2024, down 2.4% quarter-over-quarter.
  • 55 funds opened new NOV positions in Q2 2024 and 54 closed out, a net change of +1 holder.
  • The largest NOV buyer in Q2 2024 was Bank of New York Mellon, an estimated $74.8M added.
  • The largest NOV seller in Q2 2024 was Millennium Management, an estimated $64.1M sold.

Based on aggregated 13F filings for Q2 2024.