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NOVN

Novan, Inc. Common Stock
NOVN

Delisted

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

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20 hedge funds and large institutions have $3.61M invested in Novan, Inc. Common Stock in 2017 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% less funds holding

Funds holding: 21 → 20 (-1)

17% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 6

32% less capital invested

Capital invested by funds: $5.28M → $3.61M (-$1.67M)

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

Holders
20
Holders Change
-1
Holders Change %
-4.76%
% of All Funds
0.45%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
2
Increased
5
Reduced
6
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Vanguard Group
Vanguard Group
Pennsylvania
+$49.4K
2
Macquarie Group
Macquarie Group
Australia
+$38.2K
3
Morgan Stanley
Morgan Stanley
New York
+$30.2K
4
BlackRock
BlackRock
New York
+$6.2K
5
Federated Hermes
Federated Hermes
Pennsylvania
+$5.62K

Top Sellers

Rank Fund Capital Flow
1
Millennium Management
Millennium Management
New York
-$334K
2
Goldman Sachs
Goldman Sachs
New York
-$98.9K
3
PFS
Prospera Financial Services
Texas
-$83.4K
4
Bank of America
Bank of America
North Carolina
-$56K
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$38.1K

NOVN Hedge Fund Activity: Q4 2017 in Review

20 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Novan, Inc. Common Stock (NOVN) for Q4 2017, worth a combined $3.61M — down 32% from $5.28M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of NOVN and 2 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 5 added.

The largest buyer was Vanguard Group, adding an estimated $49.4K. The largest seller was Millennium Management, cutting an estimated $334K.

  • 20 institutional investors held Novan, Inc. Common Stock (NOVN) as of Q4 2017, down from 21 in Q3 2017.
  • Funds reported $3.61M of Novan, Inc. Common Stock stock for Q4 2017, down 32% quarter-over-quarter.
  • 2 funds opened new Novan, Inc. Common Stock positions in Q4 2017 and 3 closed out, a net change of -1 holder.
  • The largest Novan, Inc. Common Stock buyer in Q4 2017 was Vanguard Group, an estimated $49.4K added.
  • The largest Novan, Inc. Common Stock seller in Q4 2017 was Millennium Management, an estimated $334K sold.

Based on aggregated 13F filings for Q4 2017.