Novanta
NOVT
181 hedge funds and large institutions have $2.03B invested in Novanta in 2018 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 51 increasing their positions, 74 reducing their positions, and 24 closing their positions.
240% more call options, than puts
Call options by funds: $3.41M | Put options by funds: $1M
9% more capital invested
Capital invested by funds: $1.86B → $2.03B (+$170M)
0.45% less ownership
Funds ownership: 86.18% → 85.73% (-0.45%)
2% less funds holding
Funds holding: 184 → 181 (-3)
13% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 24
31% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 74
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$55.1M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$39.1M |
| 3 |
Neuberger Berman Group
New York
|
+$27.9M |
| 4 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$19.7M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$35.7M |
| 2 |
DCM
Daruma Capital Management
New York
|
-$22.3M |
| 3 |
SCP
Sandhill Capital Partners
Buffalo,
New York
|
-$19.3M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$16.4M |
| 5 |
Renaissance Technologies
New York
|
-$15.4M |
NOVT Hedge Fund Activity: Q3 2018 in Review
181 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Novanta (NOVT) for Q3 2018, worth a combined $2.03B — up 9.1% from $1.86B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of NOVT and 21 opened new positions — a net loss of 3 holders — while 74 trimmed existing stakes and 51 added.
The largest buyer was Vanguard Group, adding an estimated $55.1M. The largest seller was T. Rowe Price Associates, cutting an estimated $35.7M.
- 181 institutional investors held Novanta (NOVT) as of Q3 2018, down from 184 in Q2 2018.
- Funds reported $2.03B of Novanta stock for Q3 2018, up 9.1% quarter-over-quarter.
- 21 funds opened new Novanta positions in Q3 2018 and 24 closed out, a net change of -3 holders.
- The largest Novanta buyer in Q3 2018 was Vanguard Group, an estimated $55.1M added.
- The largest Novanta seller in Q3 2018 was T. Rowe Price Associates, an estimated $35.7M sold.
Based on aggregated 13F filings for Q3 2018.