Novan, Inc. Common Stock
NOVN
NOVN was delisted on the 25th of July, 2023.
46 hedge funds and large institutions have $64.2M invested in Novan, Inc. Common Stock in 2016 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 3 closing their positions.
900% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 3
130% more funds holding
Funds holding: 20 → 46 (+26)
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
32% more capital invested
Capital invested by funds: $48.4M → $64.2M (+$15.7M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.79M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.25M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$1.57M |
| 4 |
KCM
Kingdon Capital Management
New York
|
+$1.49M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$5.04M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$4.97M |
| 3 |
WSA
Wall Street Associates
Lajolla,
California
|
-$2.69M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$2.02M |
| 5 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$1.76M |
NOVN Hedge Fund Activity: Q4 2016 in Review
46 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Novan, Inc. Common Stock (NOVN) for Q4 2016, worth a combined $64.2M — up 32% from $48.4M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new NOVN positions and 3 closed out — a net gain of 27 holders — while 8 added to existing stakes and 6 trimmed.
The largest buyer was Vanguard Group, adding an estimated $3.79M. The largest seller was Emerald Mutual Fund Advisers Trust, exiting entirely with an estimated $5.04M sold.
- 46 institutional investors held Novan, Inc. Common Stock (NOVN) as of Q4 2016, up from 20 in Q3 2016.
- Funds reported $64.2M of Novan, Inc. Common Stock stock for Q4 2016, up 32% quarter-over-quarter.
- 30 funds opened new Novan, Inc. Common Stock positions in Q4 2016 and 3 closed out, a net change of +27 holders.
- The largest Novan, Inc. Common Stock buyer in Q4 2016 was Vanguard Group, an estimated $3.79M added.
- The largest Novan, Inc. Common Stock seller in Q4 2016 was Emerald Mutual Fund Advisers Trust, an estimated $5.04M sold.
Based on aggregated 13F filings for Q4 2016.