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429 hedge funds and large institutions have $5.86B invested in NOV in 2024 Q3 according to their latest regulatory filings, with 78 funds opening new positions, 125 increasing their positions, 159 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

719% more call options, than puts

Call options by funds: $51.8M | Put options by funds: $6.32M

70% more first-time investments, than exits

New positions opened: 78 | Existing positions closed: 46

8% more funds holding

Funds holding: 398429 (+31)

0.72% more ownership

Funds ownership: 92.51%93.24% (+0.72%)

16% less capital invested

Capital invested by funds: $6.96B → $5.86B (-$1.1B)

21% less repeat investments, than reductions

Existing positions increased: 125 | Existing positions reduced: 159

60% less funds holding in top 10

Funds holding in top 10: 52 (-3)

Holders
429
Holders Change
+31
Holders Change %
+7.79%
% of All Funds
6.16%
Holding in Top 10
2
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-60%
% of All Funds
0.03%
New
78
Increased
125
Reduced
159
Closed
46
Calls
$51.8M
Puts
$6.32M
Net Calls
+$45.5M
Net Calls Change
+$4.88M
Name Holding Trade Value Shares
Change
Change in
Stake
Pzena Investment Management
1
Pzena Investment Management
New York
$687M +$139M +7,851,220 +22%
BlackRock
2
BlackRock
New York
$634M +$17.6M +993,719 +3%
Vanguard Group
3
Vanguard Group
Pennsylvania
$622M -$11.3M -639,078 -2%
First Eagle Investment Management
4
First Eagle Investment Management
New York
$609M +$25.5M +1,438,076 +4%
Hotchkis & Wiley Capital Management
5
Hotchkis & Wiley Capital Management
California
$593M +$124M +6,963,660 +23%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$237M +$48.3M +2,720,792 +22%
State Street
7
State Street
Massachusetts
$203M -$5.13M -288,992 -2%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$159M +$23.6K +1,329 +0%
Thrivent Financial for Lutherans
9
Thrivent Financial for Lutherans
Minnesota
$119M -$7.16M -403,267 -5%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$102M -$1.55M -87,350 -1%
Ameriprise
11
Ameriprise
Minnesota
$64.9M +$4.36M +245,765 +6%
VanEck Associates
12
VanEck Associates
New York
$64.8M -$12.2M -685,425 -14%
EARNEST Partners
13
EARNEST Partners
Georgia
$61.7M -$1.61M -90,837 -2%
Fidelity International
14
Fidelity International
Bermuda
$58.2M +$5.91M +332,955 +10%
Invesco
15
Invesco
Georgia
$58.2M -$19.8M -1,117,909 -23%
Artisan Partners
16
Artisan Partners
Wisconsin
$55.5M -$628K -35,390 -1%
Bank of America
17
Bank of America
North Carolina
$55.1M -$4.81M -271,155 -7%
Allspring Global Investments
18
Allspring Global Investments
North Carolina
$49.7M +$1.62M +91,013 +3%
Charles Schwab
19
Charles Schwab
California
$46.8M +$978K +55,056 +2%
Ninety One (UK)
20
Ninety One (UK)
United Kingdom
$46.5M -$1.2M -67,401 -2%
DRZID
21
DePrince Race & Zollo Inc (DRZ)
Florida
$46.4M +$21.3M +1,199,952 +70%
Northern Trust
22
Northern Trust
Illinois
$46.2M -$1.46M -82,253 -3%
Morgan Stanley
23
Morgan Stanley
New York
$41.4M -$1.01M -56,616 -2%
AI
24
Ariel Investments
Illinois
$39.2M +$5.98M +336,573 +16%
N
25
Nuveen
North Carolina
$39.1M +$1.11M +62,777 +3%

NOV Hedge Fund Activity: Q3 2024 in Review

429 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in NOV (NOV) for Q3 2024, worth a combined $5.86B — down 16% from $6.96B a quarter earlier.

Buyers outnumbered sellers: 78 funds opened new NOV positions and 46 closed out — a net gain of 32 holders — while 125 added to existing stakes and 159 trimmed.

The largest buyer was Pzena Investment Management, adding an estimated $139M. The largest seller was Boston Partners, exiting entirely with an estimated $115M sold.

  • 429 institutional investors held NOV (NOV) as of Q3 2024, up from 398 in Q2 2024.
  • Funds reported $5.86B of NOV stock for Q3 2024, down 16% quarter-over-quarter.
  • 78 funds opened new NOV positions in Q3 2024 and 46 closed out, a net change of +32 holders.
  • The largest NOV buyer in Q3 2024 was Pzena Investment Management, an estimated $139M added.
  • The largest NOV seller in Q3 2024 was Boston Partners, an estimated $115M sold.

Based on aggregated 13F filings for Q3 2024.