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392 hedge funds and large institutions have $7.49B invested in NOV in 2023 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 134 increasing their positions, 123 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

183% more call options, than puts

Call options by funds: $45.7M | Put options by funds: $16.2M

86% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 35

7% more funds holding

Funds holding: 365392 (+27)

1.33% more ownership

Funds ownership: 92.48%93.8% (+1.3%)

9% more repeat investments, than reductions

Existing positions increased: 134 | Existing positions reduced: 123

2% less capital invested

Capital invested by funds: $7.62B → $7.49B (-$124M)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

Holders
392
Holders Change
+27
Holders Change %
+7.4%
% of All Funds
5.72%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.06%
New
65
Increased
134
Reduced
123
Closed
35
Calls
$45.7M
Puts
$16.2M
Net Calls
+$29.5M
Net Calls Change
+$13.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$795M +$187K +9,537 +0%
BlackRock
2
BlackRock
New York
$769M +$1.45M +73,936 +0.2%
First Eagle Investment Management
3
First Eagle Investment Management
New York
$743M -$1.63M -82,853 -0.2%
Pzena Investment Management
4
Pzena Investment Management
New York
$631M -$68.5M -3,487,853 -10%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$449M +$71M +3,615,130 +20%
Hotchkis & Wiley Capital Management
6
Hotchkis & Wiley Capital Management
California
$449M -$10.9M -557,000 -2%
State Street
7
State Street
Massachusetts
$286M -$2.7M -137,542 -1%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$163M -$26.6M -1,355,891 -14%
Thrivent Financial for Lutherans
9
Thrivent Financial for Lutherans
Minnesota
$160M -$901K -45,848 -0.6%
Ameriprise
10
Ameriprise
Minnesota
$157M -$108M -5,480,744 -41%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$125M -$3.24M -165,056 -3%
Balyasny Asset Management
12
Balyasny Asset Management
Illinois
$125M +$107M +5,456,581 +769%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$123M +$3.77M +191,820 +3%
VanEck Associates
14
VanEck Associates
New York
$115M +$4.55M +231,464 +4%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$114M +$60.2K +3,063 +0.1%
T. Rowe Price Investment Management
16
T. Rowe Price Investment Management
Maryland
$94.3M +$39M +1,985,576 +74%
Point72 Asset Management
17
Point72 Asset Management
Connecticut
$89.8M +$53.6M +2,727,299 +160%
Morgan Stanley
18
Morgan Stanley
New York
$83.6M +$39.1M +1,991,344 +93%
EARNEST Partners
19
EARNEST Partners
Georgia
$82.6M -$1.34M -68,394 -2%
Allspring Global Investments
20
Allspring Global Investments
North Carolina
$77.9M -$3.49M -177,741 -4%
Invesco
21
Invesco
Georgia
$74.8M +$34M +1,732,941 +89%
Artisan Partners
22
Artisan Partners
Wisconsin
$71.3M -$3.05M -155,475 -4%
Ninety One (UK)
23
Ninety One (UK)
United Kingdom
$67.1M -$3.07M -156,533 -5%
Holocene Advisors
24
Holocene Advisors
New York
$63.2M +$56.6M +2,879,260 +1,218%
N
25
Nuveen
North Carolina
$63.1M -$758K -38,598 -1%

NOV Hedge Fund Activity: Q4 2023 in Review

392 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in NOV (NOV) for Q4 2023, worth a combined $7.49B — down 1.6% from $7.62B a quarter earlier.

Buyers outnumbered sellers: 65 funds opened new NOV positions and 35 closed out — a net gain of 30 holders — while 134 added to existing stakes and 123 trimmed.

The largest buyer was Balyasny Asset Management, adding an estimated $107M. The largest seller was Ameriprise, cutting an estimated $108M.

  • 392 institutional investors held NOV (NOV) as of Q4 2023, up from 365 in Q3 2023.
  • Funds reported $7.49B of NOV stock for Q4 2023, down 1.6% quarter-over-quarter.
  • 65 funds opened new NOV positions in Q4 2023 and 35 closed out, a net change of +30 holders.
  • The largest NOV buyer in Q4 2023 was Balyasny Asset Management, an estimated $107M added.
  • The largest NOV seller in Q4 2023 was Ameriprise, an estimated $108M sold.

Based on aggregated 13F filings for Q4 2023.