Sunnova Energy
NOVA
NOVA was delisted on the 6th of June, 2025.
161 hedge funds and large institutions have $30.5M invested in Sunnova Energy in 2025 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 48 increasing their positions, 55 reducing their positions, and 83 closing their positions.
37% more call options, than puts
Call options by funds: $3.86M | Put options by funds: $2.82M
13% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 55
22% less funds holding
Funds holding: 207 → 161 (-46)
31.56% less ownership
Funds ownership: 97.69% → 66.14% (-32%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
55% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 83
93% less capital invested
Capital invested by funds: $460M → $30.5M (-$429M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$9.39M |
| 2 |
Blackstone Inc
New York
|
+$9.04M |
| 3 |
OCAM
Owl Creek Asset Management
New York
|
+$7.7M |
| 4 |
Two Sigma Investments
New York
|
+$5.43M |
| 5 |
Two Sigma Advisers
New York
|
+$4.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Handelsbanken Fonder
Stockholm,
Sweden
|
-$23.6M |
| 2 |
BNP Paribas Asset Management
Paris,
France
|
-$15.6M |
| 3 |
Amundi
Paris,
France
|
-$15M |
| 4 |
SC
Sylebra Capital
Palo Alto,
California
|
-$12.6M |
| 5 |
EAM
Erste Asset Management
Vienna,
Austria
|
-$12.5M |
NOVA Hedge Fund Activity: Q1 2025 in Review
161 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Sunnova Energy (NOVA) for Q1 2025, worth a combined $30.5M — down 93% from $460M a quarter earlier.
Sellers outnumbered buyers: 83 funds closed out of NOVA and 37 opened new positions — a net loss of 46 holders — while 55 trimmed existing stakes and 48 added.
The largest buyer was AQR Capital Management, adding an estimated $9.39M. The largest seller was Handelsbanken Fonder, exiting entirely with an estimated $23.6M sold.
- 161 institutional investors held Sunnova Energy (NOVA) as of Q1 2025, down from 207 in Q4 2024.
- Funds reported $30.5M of Sunnova Energy stock for Q1 2025, down 93% quarter-over-quarter.
- 37 funds opened new Sunnova Energy positions in Q1 2025 and 83 closed out, a net change of -46 holders.
- The largest Sunnova Energy buyer in Q1 2025 was AQR Capital Management, an estimated $9.39M added.
- The largest Sunnova Energy seller in Q1 2025 was Handelsbanken Fonder, an estimated $23.6M sold.
Based on aggregated 13F filings for Q1 2025.