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393 hedge funds and large institutions have $7.45B invested in NOV in 2023 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 133 increasing their positions, 124 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: 366393 (+27)

7% more repeat investments, than reductions

Existing positions increased: 133 | Existing positions reduced: 124

0.81% more ownership

Funds ownership: 92.48%93.29% (+0.81%)

2% less capital invested

Capital invested by funds: $7.62B → $7.45B (-$165M)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

Holders
393
Holders Change
+27
Holders Change %
+7.38%
% 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
133
Reduced
124
Closed
35
Calls
$45.7M
Puts
$16.2M
Net Calls
+$29.5M
Net Calls Change
+$13.6M

NOV Hedge Fund Activity: Q4 2023 in Review

393 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in NOV (NOV) for Q4 2023, worth a combined $7.45B — down 2.2% 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 133 added to existing stakes and 124 trimmed.

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

  • 393 institutional investors held NOV (NOV) as of Q4 2023, up from 366 in Q3 2023.
  • Funds reported $7.45B of NOV stock for Q4 2023, down 2.2% 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.