Sunnova Energy
NOVA
NOVA was delisted on the 6th of June, 2025.
240 hedge funds and large institutions have $2.35B invested in Sunnova Energy in 2022 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 98 increasing their positions, 77 reducing their positions, and 35 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 77
9% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 35
3% less funds holding
Funds holding: 248 → 240 (-8)
6.15% less ownership
Funds ownership: 119.55% → 113.39% (-6.2%)
22% less capital invested
Capital invested by funds: $3.03B → $2.35B (-$679M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
44% less call options, than puts
Call options by funds: $51.1M | Put options by funds: $91.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Asset Management
Paris,
France
|
+$39.9M |
| 2 |
Amundi
Paris,
France
|
+$29.4M |
| 3 |
Morgan Stanley
New York
|
+$23.3M |
| 4 |
SIG
Senator Investment Group
New York
|
+$21.1M |
| 5 |
ECP
Electron Capital Partners
New York
|
+$15.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
-$65.9M |
| 2 |
MCM
Moore Capital Management
New York
|
-$49.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$30.2M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$29.1M |
| 5 |
Man Group
London,
United Kingdom
|
-$21.3M |
NOVA Hedge Fund Activity: Q4 2022 in Review
240 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Sunnova Energy (NOVA) for Q4 2022, worth a combined $2.35B — down 22% from $3.03B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of NOVA and 32 opened new positions — a net loss of 3 holders — while 77 trimmed existing stakes and 98 added.
The largest buyer was BNP Paribas Asset Management, adding an estimated $39.9M. The largest seller was Nuveen, cutting an estimated $65.9M.
- 240 institutional investors held Sunnova Energy (NOVA) as of Q4 2022, down from 248 in Q3 2022.
- Funds reported $2.35B of Sunnova Energy stock for Q4 2022, down 22% quarter-over-quarter.
- 32 funds opened new Sunnova Energy positions in Q4 2022 and 35 closed out, a net change of -3 holders.
- The largest Sunnova Energy buyer in Q4 2022 was BNP Paribas Asset Management, an estimated $39.9M added.
- The largest Sunnova Energy seller in Q4 2022 was Nuveen, an estimated $65.9M sold.
Based on aggregated 13F filings for Q4 2022.