Novanta
NOVT
102 hedge funds and large institutions have $454M invested in Novanta in 2016 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 40 increasing their positions, 30 reducing their positions, and 7 closing their positions.
129% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 7
33% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 30
13% more capital invested
Capital invested by funds: $401M → $454M (+$52.8M)
10% more funds holding
Funds holding: 93 → 102 (+9)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$6.92M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.74M |
| 3 |
CIM
Calvert Investment Management
Bethesda,
Maryland
|
+$3.46M |
| 4 |
TAM
Telemark Asset Management
Boston,
Massachusetts
|
+$3.17M |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$1.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$7.41M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$6.63M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$5.57M |
| 4 |
RA
Royce & Associates
New York
|
-$3.01M |
| 5 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
-$2.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
US Bancorp
Minneapolis,
Minnesota
| $2K | – | – | – |
|
102
VOYA Investment Management
Atlanta,
Georgia
| $427 | – | – | – |
|
103
Ameriprise
Minneapolis,
Minnesota
| – | -$1.93M | -127,090 | Closed |
|
|
EGM
104
Espalier Global Management
New York
| – | -$379K | -25,000 | Closed |
|
|
MFIMFI
105
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
| – | -$261K | -17,274 | Closed |
|
106
Envestnet Asset Management
Chicago,
Illinois
| – | -$188K | -12,424 | Closed |
|
|
PCM
107
Perritt Capital Management
Chicago,
Illinois
| – | -$165K | -10,900 | Closed |
|
108
Teacher Retirement System of Texas
Austin,
Texas
| – | -$69K | -4,585 | Closed |
|
|
CG
109
Cutler Group
San Francisco,
California
| – | -$7K | -520 | Closed |
|
NOVT Hedge Fund Activity: Q3 2016 in Review
102 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Novanta (NOVT) for Q3 2016, worth a combined $454M — up 13% from $401M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new NOVT positions and 7 closed out — a net gain of 9 holders — while 40 added to existing stakes and 30 trimmed.
The largest buyer was Westwood Holdings Group, opening a new position worth an estimated $6.92M. The largest seller was NWQ Investment Management Company, cutting an estimated $7.41M.
- 102 institutional investors held Novanta (NOVT) as of Q3 2016, up from 93 in Q2 2016.
- Funds reported $454M of Novanta stock for Q3 2016, up 13% quarter-over-quarter.
- 16 funds opened new Novanta positions in Q3 2016 and 7 closed out, a net change of +9 holders.
- The largest Novanta buyer in Q3 2016 was Westwood Holdings Group, an estimated $6.92M added.
- The largest Novanta seller in Q3 2016 was NWQ Investment Management Company, an estimated $7.41M sold.
Based on aggregated 13F filings for Q3 2016.