Novan, Inc. Common Stock
NOVN
NOVN was delisted on the 25th of July, 2023.
31 hedge funds and large institutions have $10.2M invested in Novan, Inc. Common Stock in 2021 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 4 closing their positions.
250% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 4
44% more call options, than puts
Call options by funds: $465K | Put options by funds: $323K
41% more funds holding
Funds holding: 22 → 31 (+9)
25% less capital invested
Capital invested by funds: $13.5M → $10.2M (-$3.32M)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$2.06M |
| 2 |
Two Sigma Investments
New York
|
+$1.11M |
| 3 |
AFM
Anson Funds Management
Dallas,
Texas
|
+$899K |
| 4 |
Two Sigma Advisers
New York
|
+$533K |
| 5 |
D.E. Shaw & Co
New York
|
+$258K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$726K |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$553K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$121K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$35.3K |
| 5 |
SFI
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
|
-$33.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWA
26
SOA Wealth Advisors
New York
| $1K | – | – | – |
|
|
GCP
27
GSA Capital Partners
London,
United Kingdom
| – | -$726K | -89,211 | Closed |
|
|
28
Principal Financial Group
Des Moines,
Iowa
| – | -$553K | -67,914 | Closed |
|
|
29
Citadel Advisors
Miami,
Florida
| – | -$121K | -20,153 | Closed |
|
|
LWM
30
Liberty Wealth Management
Oakland,
California
| – | -$4K | -475 | Closed |
|
31
Wells Fargo
San Francisco,
California
| – | +$258 | +43 | +46% |
|
32
Bank of America
Charlotte,
North Carolina
| – | +$599 | +100 | New |
|
NOVN Hedge Fund Activity: Q4 2021 in Review
31 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Novan, Inc. Common Stock (NOVN) for Q4 2021, worth a combined $10.2M — down 25% from $13.5M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new NOVN positions and 4 closed out — a net gain of 10 holders — while 4 added to existing stakes and 6 trimmed.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $2.06M. The largest seller was GSA Capital Partners, exiting entirely with an estimated $726K sold.
- 31 institutional investors held Novan, Inc. Common Stock (NOVN) as of Q4 2021, up from 22 in Q3 2021.
- Funds reported $10.2M of Novan, Inc. Common Stock stock for Q4 2021, down 25% quarter-over-quarter.
- 14 funds opened new Novan, Inc. Common Stock positions in Q4 2021 and 4 closed out, a net change of +10 holders.
- The largest Novan, Inc. Common Stock buyer in Q4 2021 was Renaissance Technologies, an estimated $2.06M added.
- The largest Novan, Inc. Common Stock seller in Q4 2021 was GSA Capital Partners, an estimated $726K sold.
Based on aggregated 13F filings for Q4 2021.