Novan, Inc. Common Stock
NOVN
NOVN was delisted on the 25th of July, 2023.
26 hedge funds and large institutions have $10.6M invested in Novan, Inc. Common Stock in 2020 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 8 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
151% more capital invested
Capital invested by funds: $4.21M → $10.6M (+$6.37M)
0% more funds holding
Funds holding: 26 → 26 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.87M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$366K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$317K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$75.9K |
| 5 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$61.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$233K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$47K |
| 3 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$34K |
| 4 |
VF
Virtu Financial
New York
|
-$33K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$29K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Millennium Management
New York
| – | -$28 | -5,792 | Closed |
|
27
JP Morgan Chase
New York
| – | -$26K | -5,300 | Closed |
|
28
T. Rowe Price Associates
Baltimore,
Maryland
| – | -$22K | -4,670 | Closed |
|
|
RFA
29
Reilly Financial Advisors
La Mesa,
California
| – | -$15K | -3,050 | Closed |
|
|
PAG
30
Private Advisor Group
Morristown,
New Jersey
| – | -$10K | -2,150 | Closed |
|
NOVN Hedge Fund Activity: Q4 2020 in Review
26 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Novan, Inc. Common Stock (NOVN) for Q4 2020, worth a combined $10.6M — up 151% from $4.21M a quarter earlier.
Fund positioning in NOVN was balanced in Q4 2020: 8 funds opened new positions, 8 closed out, 9 added to existing stakes and 3 trimmed.
The largest buyer was BlackRock, adding an estimated $1.87M. The largest seller was Qube Research & Technologies (QRT), cutting an estimated $233K.
- 26 institutional investors held Novan, Inc. Common Stock (NOVN) as of Q4 2020, unchanged from Q3 2020.
- Funds reported $10.6M of Novan, Inc. Common Stock stock for Q4 2020, up 151% quarter-over-quarter.
- 8 funds opened new Novan, Inc. Common Stock positions in Q4 2020 and 8 closed out, a net change of 0 holders.
- The largest Novan, Inc. Common Stock buyer in Q4 2020 was BlackRock, an estimated $1.87M added.
- The largest Novan, Inc. Common Stock seller in Q4 2020 was Qube Research & Technologies (QRT), an estimated $233K sold.
Based on aggregated 13F filings for Q4 2020.