Novanta
NOVT
231 hedge funds and large institutions have $4.79B invested in Novanta in 2022 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 91 increasing their positions, 86 reducing their positions, and 24 closing their positions.
12,200% more call options, than puts
Call options by funds: $1.72M | Put options by funds: $14K
1.32% more ownership
Funds ownership: 94.61% → 95.93% (+1.3%)
6% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 86
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 24
1% less funds holding
Funds holding: 233 → 231 (-2)
19% less capital invested
Capital invested by funds: $5.93B → $4.79B (-$1.14B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$46.9M |
| 2 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$25.4M |
| 3 |
FAM
Fred Alger Management
New York
|
+$15.1M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$14.6M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWM
Spire Wealth Management
Mclean,
Virginia
|
-$13.7M |
| 2 |
MPM
Meritage Portfolio Management
Overland Park,
Kansas
|
-$12.6M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$12M |
| 4 |
PIM
Paradice Investment Management
Denver,
Colorado
|
-$8.65M |
| 5 |
Neuberger Berman Group
New York
|
-$7.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
251
Schroder Investment Management Group
London,
United Kingdom
| – | -$20K | -114 | Closed |
|
|
HPC
252
HM Payson & Co
Portland,
Maine
| – | -$5K | -29 | Closed |
|
|
LF
253
Lee Financial
Dallas,
Texas
| – | -$3K | -16 | Closed |
|
|
CAL
254
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | +$142 | +1 | New |
|
|
SIC
255
SJS Investment Consulting
Sylvania,
Ohio
| – | +$142 | +1 | New |
|
NOVT Hedge Fund Activity: Q1 2022 in Review
231 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Novanta (NOVT) for Q1 2022, worth a combined $4.79B — down 19% from $5.93B a quarter earlier.
Fund positioning in NOVT was balanced in Q1 2022: 24 funds opened new positions, 24 closed out, 91 added to existing stakes and 86 trimmed.
The largest buyer was Champlain Investment Partners, opening a new position worth an estimated $46.9M. The largest seller was Spire Wealth Management, cutting an estimated $13.7M.
- 231 institutional investors held Novanta (NOVT) as of Q1 2022, down from 233 in Q4 2021.
- Funds reported $4.79B of Novanta stock for Q1 2022, down 19% quarter-over-quarter.
- 24 funds opened new Novanta positions in Q1 2022 and 24 closed out, a net change of 0 holders.
- The largest Novanta buyer in Q1 2022 was Champlain Investment Partners, an estimated $46.9M added.
- The largest Novanta seller in Q1 2022 was Spire Wealth Management, an estimated $13.7M sold.
Based on aggregated 13F filings for Q1 2022.