Sunnova Energy
NOVA
NOVA was delisted on the 6th of June, 2025.
243 hedge funds and large institutions have $2.3B invested in Sunnova Energy in 2023 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 82 increasing their positions, 82 reducing their positions, and 36 closing their positions.
49% more capital invested
Capital invested by funds: $1.55B → $2.3B (+$751M)
44% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 36
7% more funds holding
Funds holding: 228 → 243 (+15)
1.35% more ownership
Funds ownership: 121.63% → 122.98% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 82
58% less call options, than puts
Call options by funds: $143M | Put options by funds: $341M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$49.5M |
| 2 |
Morgan Stanley
New York
|
+$35.8M |
| 3 |
Goldman Sachs
New York
|
+$32.8M |
| 4 |
MCM
Moore Capital Management
New York
|
+$17.7M |
| 5 |
Pictet Asset Management
Carouge,
Switzerland
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Asset Management
Paris,
France
|
-$48.2M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$30M |
| 3 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$17M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$13.4M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$11.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BIA
276
Bell Investment Advisors
Oakland,
California
| – | -$336 | -32 | Closed |
|
277
Russell Investments Group
London,
United Kingdom
| – | -$220 | -21 | Closed |
|
|
CA
278
Crewe Advisors
Salt Lake City,
Utah
| – | -$116 | -11 | Closed |
|
|
C
279
Covestor
London,
United Kingdom
| – | -$11 | -1 | -11% |
|
NOVA Hedge Fund Activity: Q4 2023 in Review
243 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Sunnova Energy (NOVA) for Q4 2023, worth a combined $2.3B — up 49% from $1.55B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new NOVA positions and 36 closed out — a net gain of 16 holders — while 82 added to existing stakes and 82 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $49.5M. The largest seller was BNP Paribas Asset Management, cutting an estimated $48.2M.
- 243 institutional investors held Sunnova Energy (NOVA) as of Q4 2023, up from 228 in Q3 2023.
- Funds reported $2.3B of Sunnova Energy stock for Q4 2023, up 49% quarter-over-quarter.
- 52 funds opened new Sunnova Energy positions in Q4 2023 and 36 closed out, a net change of +16 holders.
- The largest Sunnova Energy buyer in Q4 2023 was D.E. Shaw & Co, an estimated $49.5M added.
- The largest Sunnova Energy seller in Q4 2023 was BNP Paribas Asset Management, an estimated $48.2M sold.
Based on aggregated 13F filings for Q4 2023.