Novan, Inc. Common Stock
NOVN
NOVN was delisted on the 25th of July, 2023.
2 hedge funds and large institutions have $686 invested in Novan, Inc. Common Stock in 2023 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 0 reducing their positions, and 31 closing their positions.
94% less funds holding
Funds holding: 33 → 2 (-31)
100% less capital invested
Capital invested by funds: $857K → $686 (-$856K)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 31
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$347K |
| 2 |
BlackRock
New York
|
-$142K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$101K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$82.9K |
| 5 |
Renaissance Technologies
New York
|
-$40K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| – | -$87 | -202 | Closed |
|
|
S
27
SignatureFD
Atlanta,
Georgia
| – | -$83 | -192 | Closed |
|
|
WP
28
WealthPLAN Partners
Omaha,
Nebraska
| – | -$43 | -100 | Closed |
|
|
FCA
29
FinTrust Capital Advisors
Greenville,
South Carolina
| – | -$103 | -70 | Closed |
|
|
RCM
30
Raleigh Capital Management
Cary,
North Carolina
| – | -$20 | -47 | Closed |
|
31
UBS Group
Zurich,
Switzerland
| – | -$11 | -25 | Closed |
|
NOVN Hedge Fund Activity: Q3 2023 in Review
2 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Novan, Inc. Common Stock (NOVN) for Q3 2023, worth a combined $686 — down 100% from $857K a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of NOVN and 0 opened new positions — a net loss of 31 holders — while 0 trimmed existing stakes and 0 added.
The largest seller was Vanguard Group, exiting entirely with an estimated $347K sold.
- 2 institutional investors held Novan, Inc. Common Stock (NOVN) as of Q3 2023, down from 33 in Q2 2023.
- Funds reported $686 of Novan, Inc. Common Stock stock for Q3 2023, down 100% quarter-over-quarter.
- 0 funds opened new Novan, Inc. Common Stock positions in Q3 2023 and 31 closed out, a net change of -31 holders.
- The largest Novan, Inc. Common Stock seller in Q3 2023 was Vanguard Group, an estimated $347K sold.
Based on aggregated 13F filings for Q3 2023.