Novanta
NOVT
288 hedge funds and large institutions have $6.31B invested in Novanta in 2024 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 106 increasing their positions, 92 reducing their positions, and 21 closing their positions.
95% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 21
15% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 92
11% more capital invested
Capital invested by funds: $5.67B → $6.31B (+$636M)
7% more funds holding
Funds holding: 270 → 288 (+18)
1.33% more ownership
Funds ownership: 96.93% → 98.25% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
55% less call options, than puts
Call options by funds: $6.07M | Put options by funds: $13.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$23.4M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$21.5M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$16.6M |
| 4 |
BlackRock
New York
|
+$16.1M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$14.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
ExodusPoint Capital Management
New York
|
-$16.9M |
| 2 |
Bank of New York Mellon
New York
|
-$12.2M |
| 3 |
JP Morgan Chase
New York
|
-$11.9M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$11.2M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$10.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
Allianz Asset Management
Munich,
Germany
| – | -$277K | -1,700 | Closed |
|
|
PI
302
PEAK6 Investments
Chicago,
Illinois
| – | -$156K | -898 | Closed |
|
|
SWS
303
SYSTM Wealth Solutions
Chicago,
Illinois
| – | -$28.2K | -173 | Closed |
|
304
Simplex Trading
Chicago,
Illinois
| – | -$18.4K | -106 | Closed |
|
|
CA
305
Crewe Advisors
Salt Lake City,
Utah
| – | -$9.62K | -59 | Closed |
|
|
OWA
306
Opal Wealth Advisors
Jericho,
New York
| – | -$4.73K | -29 | Closed |
|
|
QL
307
Quarry LP
New York
| – | -$1.47K | -9 | Closed |
|
|
IA
308
IFP Advisors
Tampa,
Florida
| – | -$652 | -4 | Closed |
|
NOVT Hedge Fund Activity: Q3 2024 in Review
288 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Novanta (NOVT) for Q3 2024, worth a combined $6.31B — up 11% from $5.67B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new NOVT positions and 21 closed out — a net gain of 20 holders — while 106 added to existing stakes and 92 trimmed.
The largest buyer was Vanguard Group, adding an estimated $23.4M. The largest seller was ExodusPoint Capital Management, exiting entirely with an estimated $16.9M sold.
- 288 institutional investors held Novanta (NOVT) as of Q3 2024, up from 270 in Q2 2024.
- Funds reported $6.31B of Novanta stock for Q3 2024, up 11% quarter-over-quarter.
- 41 funds opened new Novanta positions in Q3 2024 and 21 closed out, a net change of +20 holders.
- The largest Novanta buyer in Q3 2024 was Vanguard Group, an estimated $23.4M added.
- The largest Novanta seller in Q3 2024 was ExodusPoint Capital Management, an estimated $16.9M sold.
Based on aggregated 13F filings for Q3 2024.