Sunnova Energy
NOVA
NOVA was delisted on the 6th of June, 2025.
231 hedge funds and large institutions have $853M invested in Sunnova Energy in 2024 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 84 increasing their positions, 78 reducing their positions, and 52 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
8% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 78
5% less funds holding
Funds holding: 243 → 231 (-12)
9.16% less ownership
Funds ownership: 122.98% → 113.82% (-9.2%)
23% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 52
63% less capital invested
Capital invested by funds: $2.3B → $853M (-$1.44B)
80% less call options, than puts
Call options by funds: $70M | Put options by funds: $350M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Teilinger Capital
Houston,
Texas
|
+$53.5M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$28.9M |
| 3 |
EAM
Erste Asset Management
Vienna,
Austria
|
+$24.3M |
| 4 |
Two Sigma Investments
New York
|
+$19.3M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pictet Asset Management
Carouge,
Switzerland
|
-$103M |
| 2 |
D.E. Shaw & Co
New York
|
-$41.3M |
| 3 |
Goldman Sachs
New York
|
-$35.2M |
| 4 |
Morgan Stanley
New York
|
-$28M |
| 5 |
ECP
Electron Capital Partners
New York
|
-$22.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PA
276
Parallel Advisors
San Francisco,
California
| – | -$3.46K | -227 | Closed |
|
|
VNA
277
Valley National Advisers
Bethlehem,
Pennsylvania
| – | -$1K | -70 | Closed |
|
278
Comerica Bank
Dallas,
Texas
| – | -$518 | -34 | Closed |
|
|
JWM
279
Janiczek Wealth Management
Denver,
Colorado
| – | -$275 | -18 | Closed |
|
|
AF
280
Advisornet Financial
Minnetonka,
Minnesota
| – | -$76 | -5 | Closed |
|
|
BCM
281
Bourgeon Capital Management
Darien,
Connecticut
| – | -$31 | -2 | Closed |
|
|
C
282
Covestor
London,
United Kingdom
| – | -$9 | -1 | -13% |
|
NOVA Hedge Fund Activity: Q1 2024 in Review
231 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Sunnova Energy (NOVA) for Q1 2024, worth a combined $853M — down 63% from $2.3B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of NOVA and 40 opened new positions — a net loss of 12 holders — while 78 trimmed existing stakes and 84 added.
The largest buyer was Teilinger Capital, opening a new position worth an estimated $53.5M. The largest seller was Pictet Asset Management, cutting an estimated $103M.
- 231 institutional investors held Sunnova Energy (NOVA) as of Q1 2024, down from 243 in Q4 2023.
- Funds reported $853M of Sunnova Energy stock for Q1 2024, down 63% quarter-over-quarter.
- 40 funds opened new Sunnova Energy positions in Q1 2024 and 52 closed out, a net change of -12 holders.
- The largest Sunnova Energy buyer in Q1 2024 was Teilinger Capital, an estimated $53.5M added.
- The largest Sunnova Energy seller in Q1 2024 was Pictet Asset Management, an estimated $103M sold.
Based on aggregated 13F filings for Q1 2024.