Novanta
NOVT
250 hedge funds and large institutions have $5.64B invested in Novanta in 2023 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 104 increasing their positions, 88 reducing their positions, and 24 closing their positions.
5,269% more call options, than puts
Call options by funds: $859K | Put options by funds: $16K
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
19% more capital invested
Capital invested by funds: $4.72B → $5.64B (+$916M)
18% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 88
0.11% more ownership
Funds ownership: 99.17% → 99.27% (+0.11%)
2% less funds holding
Funds holding: 255 → 250 (-5)
13% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SEI Investments
Oaks,
Pennsylvania
|
+$27.1M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$16M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$12.7M |
| 4 |
FAM
Fred Alger Management
New York
|
+$11.6M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$9.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$48.1M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$28.1M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$5.34M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$5.18M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$5.17M |
NOVT Hedge Fund Activity: Q1 2023 in Review
250 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Novanta (NOVT) for Q1 2023, worth a combined $5.64B — up 19% from $4.72B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of NOVT and 21 opened new positions — a net loss of 3 holders — while 88 trimmed existing stakes and 104 added.
The largest buyer was SEI Investments, adding an estimated $27.1M. The largest seller was Neuberger Berman Group, cutting an estimated $48.1M.
- 250 institutional investors held Novanta (NOVT) as of Q1 2023, down from 255 in Q4 2022.
- Funds reported $5.64B of Novanta stock for Q1 2023, up 19% quarter-over-quarter.
- 21 funds opened new Novanta positions in Q1 2023 and 24 closed out, a net change of -3 holders.
- The largest Novanta buyer in Q1 2023 was SEI Investments, an estimated $27.1M added.
- The largest Novanta seller in Q1 2023 was Neuberger Berman Group, an estimated $48.1M sold.
Based on aggregated 13F filings for Q1 2023.