Novan, Inc. Common Stock
NOVN
NOVN was delisted on the 25th of July, 2023.
24 hedge funds and large institutions have $3.83M invested in Novan, Inc. Common Stock in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
26% more funds holding
Funds holding: 19 → 24 (+5)
19% more capital invested
Capital invested by funds: $3.21M → $3.83M (+$613K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$409K |
| 2 |
JP Morgan Chase
New York
|
+$141K |
| 3 |
Renaissance Technologies
New York
|
+$91.5K |
| 4 |
Millennium Management
New York
|
+$45.3K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$40.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
Brendel Financial Advisors
Hanover,
New Hampshire
|
-$81K |
| 2 |
SAM
Silvercrest Asset Management
New York
|
-$17K |
| 3 |
BlackRock
New York
|
-$7.56K |
| 4 |
AG
Aperio Group
Sausalito,
California
|
-$5K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.65K |
NOVN Hedge Fund Activity: Q3 2019 in Review
24 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Novan, Inc. Common Stock (NOVN) for Q3 2019, worth a combined $3.83M — up 19% from $3.21M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NOVN positions and 2 closed out — a net gain of 5 holders — while 10 added to existing stakes and 3 trimmed.
The largest buyer was Vanguard Group, adding an estimated $409K. The largest seller was Brendel Financial Advisors, exiting entirely with an estimated $81K sold.
- 24 institutional investors held Novan, Inc. Common Stock (NOVN) as of Q3 2019, up from 19 in Q2 2019.
- Funds reported $3.83M of Novan, Inc. Common Stock stock for Q3 2019, up 19% quarter-over-quarter.
- 7 funds opened new Novan, Inc. Common Stock positions in Q3 2019 and 2 closed out, a net change of +5 holders.
- The largest Novan, Inc. Common Stock buyer in Q3 2019 was Vanguard Group, an estimated $409K added.
- The largest Novan, Inc. Common Stock seller in Q3 2019 was Brendel Financial Advisors, an estimated $81K sold.
Based on aggregated 13F filings for Q3 2019.