Novanta
NOVT
107 hedge funds and large institutions have $551M invested in Novanta in 2016 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 41 increasing their positions, 43 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
76.16% more ownership
Funds ownership: 0% → 76.16% (+76%)
21% more capital invested
Capital invested by funds: $454M → $551M (+$96.6M)
5% more funds holding
Funds holding: 102 → 107 (+5)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$22.7M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.89M |
| 3 |
TAM
Telemark Asset Management
Boston,
Massachusetts
|
+$2.86M |
| 4 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$2.27M |
| 5 |
Morgan Stanley
New York
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$13.8M |
| 2 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$8.48M |
| 3 |
CSC
Cove Street Capital
El Segundo,
California
|
-$4.87M |
| 4 |
CIM
Corbyn Investment Management
Lutherville,
Maryland
|
-$2.94M |
| 5 |
RA
Royce & Associates
New York
|
-$2.91M |
NOVT Hedge Fund Activity: Q4 2016 in Review
107 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Novanta (NOVT) for Q4 2016, worth a combined $551M — up 21% from $454M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new NOVT positions and 7 closed out — a net gain of 6 holders — while 41 added to existing stakes and 43 trimmed.
The largest buyer was T. Rowe Price Associates, opening a new position worth an estimated $22.7M. The largest seller was Polar Asset Management Partners, cutting an estimated $13.8M.
- 107 institutional investors held Novanta (NOVT) as of Q4 2016, up from 102 in Q3 2016.
- Funds reported $551M of Novanta stock for Q4 2016, up 21% quarter-over-quarter.
- 13 funds opened new Novanta positions in Q4 2016 and 7 closed out, a net change of +6 holders.
- The largest Novanta buyer in Q4 2016 was T. Rowe Price Associates, an estimated $22.7M added.
- The largest Novanta seller in Q4 2016 was Polar Asset Management Partners, an estimated $13.8M sold.
Based on aggregated 13F filings for Q4 2016.