Sunnova Energy
NOVA
NOVA was delisted on the 6th of June, 2025.
235 hedge funds and large institutions have $2.58B invested in Sunnova Energy in 2023 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 92 increasing their positions, 66 reducing their positions, and 34 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 66
17% more capital invested
Capital invested by funds: $2.21B → $2.58B (+$372M)
2.93% more ownership
Funds ownership: 118.66% → 121.59% (+2.9%)
3% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 34
2% less funds holding
Funds holding: 239 → 235 (-4)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
38% less call options, than puts
Call options by funds: $78.7M | Put options by funds: $126M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$43.3M |
| 2 |
Corient Private Wealth
Miami,
Florida
|
+$38.5M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$25.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$24.4M |
| 5 |
ECP
Electron Capital Partners
New York
|
+$22.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Asset Management
Paris,
France
|
-$31.4M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$20.1M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$17.6M |
| 4 |
CCM
Cinctive Capital Management
New York
|
-$15.2M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$14.3M |
NOVA Hedge Fund Activity: Q2 2023 in Review
235 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Sunnova Energy (NOVA) for Q2 2023, worth a combined $2.58B — up 17% from $2.21B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of NOVA and 33 opened new positions — a net loss of 1 holder — while 66 trimmed existing stakes and 92 added.
The largest buyer was Hood River Capital Management, opening a new position worth an estimated $43.3M. The largest seller was BNP Paribas Asset Management, cutting an estimated $31.4M.
- 235 institutional investors held Sunnova Energy (NOVA) as of Q2 2023, down from 239 in Q1 2023.
- Funds reported $2.58B of Sunnova Energy stock for Q2 2023, up 17% quarter-over-quarter.
- 33 funds opened new Sunnova Energy positions in Q2 2023 and 34 closed out, a net change of -1 holder.
- The largest Sunnova Energy buyer in Q2 2023 was Hood River Capital Management, an estimated $43.3M added.
- The largest Sunnova Energy seller in Q2 2023 was BNP Paribas Asset Management, an estimated $31.4M sold.
Based on aggregated 13F filings for Q2 2023.