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NOVN

Novan, Inc. Common Stock
NOVN

Delisted

NOVN was delisted on the 25th of July, 2023.

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21 hedge funds and large institutions have $5.28M invested in Novan, Inc. Common Stock in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 2 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

450% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 2

36% more capital invested

Capital invested by funds: $3.89M → $5.28M (+$1.39M)

19% less funds holding

Funds holding: 26 → 21 (-5)

56% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 9

Holders
21
Holders Change
-5
Holders Change %
-19.23%
% of All Funds
0.52%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
4
Increased
11
Reduced
2
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Vanguard Group
Vanguard Group
Pennsylvania
+$359K
2
Millennium Management
Millennium Management
New York
+$223K
3
Northern Trust
Northern Trust
Illinois
+$120K
4
Bank of America
Bank of America
North Carolina
+$41.8K
5
TRCT
Tower Research Capital (TRC)
New York
+$18.6K

Top Sellers

Rank Fund Capital Flow
1
A
Abingworth
United Kingdom
-$215K
2
ECM
Element Capital Management
New York
-$163K
3
AFM
Anson Funds Management
Texas
-$121K
4
ARTA
A.R.T. Advisors
New York
-$78K
5
PP
Paloma Partners
Connecticut
-$73K

NOVN Hedge Fund Activity: Q3 2017 in Review

21 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Novan, Inc. Common Stock (NOVN) for Q3 2017, worth a combined $5.28M — up 36% from $3.89M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of NOVN and 4 opened new positions — a net loss of 5 holders — while 2 trimmed existing stakes and 11 added.

The largest buyer was Vanguard Group, adding an estimated $359K. The largest seller was Abingworth, exiting entirely with an estimated $215K sold.

  • 21 institutional investors held Novan, Inc. Common Stock (NOVN) as of Q3 2017, down from 26 in Q2 2017.
  • Funds reported $5.28M of Novan, Inc. Common Stock stock for Q3 2017, up 36% quarter-over-quarter.
  • 4 funds opened new Novan, Inc. Common Stock positions in Q3 2017 and 9 closed out, a net change of -5 holders.
  • The largest Novan, Inc. Common Stock buyer in Q3 2017 was Vanguard Group, an estimated $359K added.
  • The largest Novan, Inc. Common Stock seller in Q3 2017 was Abingworth, an estimated $215K sold.

Based on aggregated 13F filings for Q3 2017.