NOV
366 hedge funds and large institutions have $7.62B invested in NOV in 2023 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 111 increasing their positions, 139 reducing their positions, and 44 closing their positions.
105% more call options, than puts
Call options by funds: $31.2M | Put options by funds: $15.2M
29% more capital invested
Capital invested by funds: $5.89B → $7.62B (+$1.73B)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
7% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 44
0% less funds holding
Funds holding: 367 → 366 (-1)
0.78% less ownership
Funds ownership: 93.25% → 92.48% (-0.78%)
20% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 139
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$86.9M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$53M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$33.8M |
| 4 |
GA
Greenhaven Associates
Purchase,
New York
|
+$31M |
| 5 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
+$25.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$44M |
| 2 |
Pzena Investment Management
New York
|
-$43.3M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$28.2M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$23.5M |
| 5 |
Renaissance Technologies
New York
|
-$20.3M |
NOV Hedge Fund Activity: Q3 2023 in Review
366 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in NOV (NOV) for Q3 2023, worth a combined $7.62B — up 29% from $5.89B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new NOV positions and 44 closed out — a net gain of 3 holders — while 111 added to existing stakes and 139 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $86.9M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $44M.
- 366 institutional investors held NOV (NOV) as of Q3 2023, down from 367 in Q2 2023.
- Funds reported $7.62B of NOV stock for Q3 2023, up 29% quarter-over-quarter.
- 47 funds opened new NOV positions in Q3 2023 and 44 closed out, a net change of +3 holders.
- The largest NOV buyer in Q3 2023 was Fidelity Investments, an estimated $86.9M added.
- The largest NOV seller in Q3 2023 was DePrince Race & Zollo Inc (DRZ), an estimated $44M sold.
Based on aggregated 13F filings for Q3 2023.