Sunnova Energy
NOVA
NOVA was delisted on the 6th of June, 2025.
239 hedge funds and large institutions have $2.21B invested in Sunnova Energy in 2023 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 83 increasing their positions, 83 reducing their positions, and 32 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
13% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 32
5.26% more ownership
Funds ownership: 113.39% → 118.66% (+5.3%)
0% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 83
0% less funds holding
Funds holding: 240 → 239 (-1)
6% less capital invested
Capital invested by funds: $2.35B → $2.21B (-$136M)
38% less call options, than puts
Call options by funds: $68M | Put options by funds: $109M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Asset Management
Paris,
France
|
+$28.5M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$22.1M |
| 3 |
BlackRock
New York
|
+$21M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$20.7M |
| 5 |
JP Morgan Chase
New York
|
+$18.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
-$27.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$22.3M |
| 3 |
ECP
Electron Capital Partners
New York
|
-$17.2M |
| 4 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
-$14.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$13.5M |
NOVA Hedge Fund Activity: Q1 2023 in Review
239 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Sunnova Energy (NOVA) for Q1 2023, worth a combined $2.21B — down 5.8% from $2.35B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new NOVA positions and 32 closed out — a net gain of 4 holders — while 83 added to existing stakes and 83 trimmed.
The largest buyer was BNP Paribas Asset Management, adding an estimated $28.5M. The largest seller was Senator Investment Group, exiting entirely with an estimated $27.9M sold.
- 239 institutional investors held Sunnova Energy (NOVA) as of Q1 2023, down from 240 in Q4 2022.
- Funds reported $2.21B of Sunnova Energy stock for Q1 2023, down 5.8% quarter-over-quarter.
- 36 funds opened new Sunnova Energy positions in Q1 2023 and 32 closed out, a net change of +4 holders.
- The largest Sunnova Energy buyer in Q1 2023 was BNP Paribas Asset Management, an estimated $28.5M added.
- The largest Sunnova Energy seller in Q1 2023 was Senator Investment Group, an estimated $27.9M sold.
Based on aggregated 13F filings for Q1 2023.