Novan, Inc. Common Stock
NOVN
NOVN was delisted on the 25th of July, 2023.
23 hedge funds and large institutions have $8.98M invested in Novan, Inc. Common Stock in 2018 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 4 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
0% more funds holding
Funds holding: 23 → 23 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0.67% less ownership
Funds ownership: 12.39% → 11.73% (-0.67%)
30% less capital inflows, than outflows
Capital inflows: $1.48M | Capital outflows: $2.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$778K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$182K |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$134K |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$122K |
| 5 |
Renaissance Technologies
New York
|
+$81.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Armistice Capital
New York
|
-$1.51M |
| 2 |
SM
Sabby Management
Miami Beach,
Florida
|
-$249K |
| 3 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$165K |
| 4 |
SIAP
Sterling Investment Advisors (Pennsylvania)
Berwyn,
Pennsylvania
|
-$104K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$59K |
NOVN Hedge Fund Activity: Q2 2018 in Review
23 of the 4,386 institutional investors tracked by Wall St. Rank reported a position in Novan, Inc. Common Stock (NOVN) for Q2 2018, worth a combined $8.98M — down 6% from $9.55M a quarter earlier.
Fund positioning in NOVN was balanced in Q2 2018: 4 funds opened new positions, 4 closed out, 7 added to existing stakes and 5 trimmed.
The largest buyer was Vanguard Group, adding an estimated $778K. The largest seller was Armistice Capital, cutting an estimated $1.51M.
- 23 institutional investors held Novan, Inc. Common Stock (NOVN) as of Q2 2018, unchanged from Q1 2018.
- Funds reported $8.98M of Novan, Inc. Common Stock stock for Q2 2018, down 6% quarter-over-quarter.
- 4 funds opened new Novan, Inc. Common Stock positions in Q2 2018 and 4 closed out, a net change of 0 holders.
- The largest Novan, Inc. Common Stock buyer in Q2 2018 was Vanguard Group, an estimated $778K added.
- The largest Novan, Inc. Common Stock seller in Q2 2018 was Armistice Capital, an estimated $1.51M sold.
Based on aggregated 13F filings for Q2 2018.