Novanta
NOVT
184 hedge funds and large institutions have $1.51B invested in Novanta in 2018 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 52 increasing their positions, 64 reducing their positions, and 26 closing their positions.
77% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 26
58% more call options, than puts
Call options by funds: $3.11M | Put options by funds: $1.97M
12% more funds holding
Funds holding: 165 → 184 (+19)
5% more capital invested
Capital invested by funds: $1.44B → $1.51B (+$68.4M)
0.21% more ownership
Funds ownership: 83.35% → 83.57% (+0.21%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
19% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Daruma Capital Management
New York
|
+$48.4M |
| 2 |
O
OppenheimerFunds
New York
|
+$20.9M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$15.8M |
| 4 |
AAMU
AEGON Asset Management (UK)
Edinburgh,
United Kingdom
|
+$15.4M |
| 5 |
Neuberger Berman Group
New York
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$22.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$18.1M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$17.2M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$14.8M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.8M |
NOVT Hedge Fund Activity: Q1 2018 in Review
184 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Novanta (NOVT) for Q1 2018, worth a combined $1.51B — up 4.7% from $1.44B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new NOVT positions and 26 closed out — a net gain of 20 holders — while 52 added to existing stakes and 64 trimmed.
The largest buyer was Daruma Capital Management, opening a new position worth an estimated $48.4M. The largest seller was NWQ Investment Management Company, cutting an estimated $22.3M.
- 184 institutional investors held Novanta (NOVT) as of Q1 2018, up from 165 in Q4 2017.
- Funds reported $1.51B of Novanta stock for Q1 2018, up 4.7% quarter-over-quarter.
- 46 funds opened new Novanta positions in Q1 2018 and 26 closed out, a net change of +20 holders.
- The largest Novanta buyer in Q1 2018 was Daruma Capital Management, an estimated $48.4M added.
- The largest Novanta seller in Q1 2018 was NWQ Investment Management Company, an estimated $22.3M sold.
Based on aggregated 13F filings for Q1 2018.