Novan, Inc. Common Stock
NOVN
NOVN was delisted on the 25th of July, 2023.
25 hedge funds and large institutions have $1.34M invested in Novan, Inc. Common Stock in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
9% more funds holding
Funds holding: 23 → 25 (+2)
1% less capital invested
Capital invested by funds: $1.36M → $1.34M (-$17K)
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$34K |
| 2 |
WS
Wedbush Securities
Los Angeles,
California
|
+$27.8K |
| 3 |
BFA
Brendel Financial Advisors
Hanover,
New Hampshire
|
+$24K |
| 4 |
VF
Virtu Financial
New York
|
+$21.4K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$19K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Sabby Management
Miami Beach,
Florida
|
-$160K |
| 2 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$148K |
| 3 |
Renaissance Technologies
New York
|
-$45.2K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$39K |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$8K |
NOVN Hedge Fund Activity: Q1 2019 in Review
25 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Novan, Inc. Common Stock (NOVN) for Q1 2019, worth a combined $1.34M — down 1.3% from $1.36M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NOVN positions and 3 closed out — a net gain of 2 holders — while 3 added to existing stakes and 8 trimmed.
The largest buyer was Prospera Financial Services, adding an estimated $34K. The largest seller was Sabby Management, cutting an estimated $160K.
- 25 institutional investors held Novan, Inc. Common Stock (NOVN) as of Q1 2019, up from 23 in Q4 2018.
- Funds reported $1.34M of Novan, Inc. Common Stock stock for Q1 2019, down 1.3% quarter-over-quarter.
- 5 funds opened new Novan, Inc. Common Stock positions in Q1 2019 and 3 closed out, a net change of +2 holders.
- The largest Novan, Inc. Common Stock buyer in Q1 2019 was Prospera Financial Services, an estimated $34K added.
- The largest Novan, Inc. Common Stock seller in Q1 2019 was Sabby Management, an estimated $160K sold.
Based on aggregated 13F filings for Q1 2019.