Novanta
NOVT
185 hedge funds and large institutions have $2.91B invested in Novanta in 2019 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 70 increasing their positions, 65 reducing their positions, and 30 closing their positions.
91% more call options, than puts
Call options by funds: $4.28M | Put options by funds: $2.25M
12% more capital invested
Capital invested by funds: $2.61B → $2.91B (+$302M)
8% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 65
0.01% more ownership
Funds ownership: 88.21% → 88.22% (+0.01%)
7% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 30
3% less funds holding
Funds holding: 191 → 185 (-6)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$58.4M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$37.1M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$30.4M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$20.2M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$17.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RI
Redwood Investments
Boston,
Massachusetts
|
-$20.5M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$12.9M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$11.3M |
| 4 |
SCM
Sandler Capital Management
New York
|
-$11.1M |
| 5 |
Bank of New York Mellon
New York
|
-$10.2M |
NOVT Hedge Fund Activity: Q2 2019 in Review
185 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Novanta (NOVT) for Q2 2019, worth a combined $2.91B — up 12% from $2.61B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of NOVT and 28 opened new positions — a net loss of 2 holders — while 65 trimmed existing stakes and 70 added.
The largest buyer was Invesco, adding an estimated $58.4M. The largest seller was Redwood Investments, exiting entirely with an estimated $20.5M sold.
- 185 institutional investors held Novanta (NOVT) as of Q2 2019, down from 191 in Q1 2019.
- Funds reported $2.91B of Novanta stock for Q2 2019, up 12% quarter-over-quarter.
- 28 funds opened new Novanta positions in Q2 2019 and 30 closed out, a net change of -2 holders.
- The largest Novanta buyer in Q2 2019 was Invesco, an estimated $58.4M added.
- The largest Novanta seller in Q2 2019 was Redwood Investments, an estimated $20.5M sold.
Based on aggregated 13F filings for Q2 2019.