Novanta
NOVT
263 hedge funds and large institutions have $4.95B invested in Novanta in 2023 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 78 increasing their positions, 109 reducing their positions, and 27 closing their positions.
72% more call options, than puts
Call options by funds: $861K | Put options by funds: $502K
22% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 27
2% more funds holding
Funds holding: 258 → 263 (+5)
1.47% less ownership
Funds ownership: 97.86% → 96.39% (-1.5%)
23% less capital invested
Capital invested by funds: $6.45B → $4.95B (-$1.5B)
28% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 109
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
+$28.8M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$17M |
| 3 |
JP Morgan Chase
New York
|
+$15M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$11.5M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
-$29.4M |
| 2 |
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
|
-$28.7M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$26.1M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$17.1M |
| 5 |
TAM
Telemark Asset Management
Boston,
Massachusetts
|
-$15.3M |
NOVT Hedge Fund Activity: Q3 2023 in Review
263 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Novanta (NOVT) for Q3 2023, worth a combined $4.95B — down 23% from $6.45B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new NOVT positions and 27 closed out — a net gain of 6 holders — while 78 added to existing stakes and 109 trimmed.
The largest buyer was ClearBridge Investments, opening a new position worth an estimated $28.8M. The largest seller was Fred Alger Management, cutting an estimated $29.4M.
- 263 institutional investors held Novanta (NOVT) as of Q3 2023, up from 258 in Q2 2023.
- Funds reported $4.95B of Novanta stock for Q3 2023, down 23% quarter-over-quarter.
- 33 funds opened new Novanta positions in Q3 2023 and 27 closed out, a net change of +6 holders.
- The largest Novanta buyer in Q3 2023 was ClearBridge Investments, an estimated $28.8M added.
- The largest Novanta seller in Q3 2023 was Fred Alger Management, an estimated $29.4M sold.
Based on aggregated 13F filings for Q3 2023.