NOV
401 hedge funds and large institutions have $7.13B invested in NOV in 2024 Q1 according to their latest regulatory filings, with 60 funds opening new positions, 125 increasing their positions, 134 reducing their positions, and 49 closing their positions.
565% more call options, than puts
Call options by funds: $33.3M | Put options by funds: $5M
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
22% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 49
2% more funds holding
Funds holding: 392 → 401 (+9)
5% less capital invested
Capital invested by funds: $7.49B → $7.13B (-$367M)
7% less repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 134
1.13% less ownership
Funds ownership: 93.8% → 92.67% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$114M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$110M |
| 3 |
Pzena Investment Management
New York
|
+$73.4M |
| 4 |
Millennium Management
New York
|
+$60.5M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$57.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$335M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$145M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$48.8M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$40.2M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
-$27.9M |
NOV Hedge Fund Activity: Q1 2024 in Review
401 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in NOV (NOV) for Q1 2024, worth a combined $7.13B — down 4.9% from $7.49B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new NOV positions and 49 closed out — a net gain of 11 holders — while 125 added to existing stakes and 134 trimmed.
The largest buyer was Boston Partners, opening a new position worth an estimated $114M. The largest seller was Fidelity Investments, cutting an estimated $335M.
- 401 institutional investors held NOV (NOV) as of Q1 2024, up from 392 in Q4 2023.
- Funds reported $7.13B of NOV stock for Q1 2024, down 4.9% quarter-over-quarter.
- 60 funds opened new NOV positions in Q1 2024 and 49 closed out, a net change of +11 holders.
- The largest NOV buyer in Q1 2024 was Boston Partners, an estimated $114M added.
- The largest NOV seller in Q1 2024 was Fidelity Investments, an estimated $335M sold.
Based on aggregated 13F filings for Q1 2024.