Sunnova Energy
NOVA
NOVA was delisted on the 6th of June, 2025.
213 hedge funds and large institutions have $819M invested in Sunnova Energy in 2024 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 81 increasing their positions, 66 reducing their positions, and 49 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 66
2.04% more ownership
Funds ownership: 113.82% → 115.86% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
4% less capital invested
Capital invested by funds: $853M → $819M (-$34M)
8% less funds holding
Funds holding: 231 → 213 (-18)
31% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 49
47% less call options, than puts
Call options by funds: $45.1M | Put options by funds: $85M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sylebra Capital
Palo Alto,
California
|
+$26.2M |
| 2 |
BNP Paribas Asset Management
Paris,
France
|
+$24.3M |
| 3 |
SG
Sourcerock Group
Denver,
Colorado
|
+$9.86M |
| 4 |
Millennium Management
New York
|
+$9.66M |
| 5 |
EAM
Erste Asset Management
Vienna,
Austria
|
+$9.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$9.96M |
| 2 |
GAM
Guinness Asset Management
London,
United Kingdom
|
-$8.22M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$8.14M |
| 4 |
Barclays
London,
United Kingdom
|
-$7.55M |
| 5 |
Two Sigma Investments
New York
|
-$7.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
251
Walleye Trading
New York
| – | -$45.3K | -9,519 | Closed |
|
|
M
252
Mirova
Paris,
France
| – | -$31.4K | -5,128 | Closed |
|
|
MLICM
253
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$26.1K | -4,257 | Closed |
|
254
KBC Group
Brussels,
Belgium
| – | -$20K | -3,316 | Closed |
|
|
NA
255
NewEdge Advisors
New Orleans,
Louisiana
| – | -$7.04K | -1,149 | Closed |
|
|
HI
256
Hoey Investments
Coatesville,
Pennsylvania
| – | -$4.6K | -750 | Closed |
|
|
EC
257
Elequin Capital
New York
| – | -$3.67K | -598 | Closed |
|
|
HCP
258
Hexagon Capital Partners
Rogers,
Arkansas
| – | -$1.23K | -200 | Closed |
|
|
AWM
259
Avior Wealth Management
Omaha,
Nebraska
| – | -$122 | -20 | Closed |
|
|
DPW
260
DiNuzzo Private Wealth
Beaver,
Pennsylvania
| – | -$43 | -7 | Closed |
|
|
SIC
261
SJS Investment Consulting
Sylvania,
Ohio
| – | -$19 | -3 | Closed |
|
|
C
262
Covestor
London,
United Kingdom
| – | +$81 | +17 | +243% |
|
NOVA Hedge Fund Activity: Q2 2024 in Review
213 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Sunnova Energy (NOVA) for Q2 2024, worth a combined $819M — down 4% from $853M a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of NOVA and 34 opened new positions — a net loss of 15 holders — while 66 trimmed existing stakes and 81 added.
The largest buyer was Sylebra Capital, opening a new position worth an estimated $26.2M. The largest seller was Nomura Holdings, cutting an estimated $9.96M.
- 213 institutional investors held Sunnova Energy (NOVA) as of Q2 2024, down from 231 in Q1 2024.
- Funds reported $819M of Sunnova Energy stock for Q2 2024, down 4% quarter-over-quarter.
- 34 funds opened new Sunnova Energy positions in Q2 2024 and 49 closed out, a net change of -15 holders.
- The largest Sunnova Energy buyer in Q2 2024 was Sylebra Capital, an estimated $26.2M added.
- The largest Sunnova Energy seller in Q2 2024 was Nomura Holdings, an estimated $9.96M sold.
Based on aggregated 13F filings for Q2 2024.