Novanta
NOVT
169 hedge funds and large institutions have $2.57B invested in Novanta in 2019 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 80 increasing their positions, 50 reducing their positions, and 29 closing their positions.
152% more call options, than puts
Call options by funds: $3.16M | Put options by funds: $1.26M
60% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 50
1.26% more ownership
Funds ownership: 88.22% → 89.47% (+1.3%)
9% less funds holding
Funds holding: 185 → 169 (-16)
12% less capital invested
Capital invested by funds: $2.91B → $2.57B (-$342M)
48% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 29
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$18.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$17.3M |
| 3 |
SAM
Silvercrest Asset Management
New York
|
+$13.6M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$12.8M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$28.8M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$17.6M |
| 3 |
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
|
-$12.9M |
| 4 |
Renaissance Technologies
New York
|
-$11.2M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$6.87M |
NOVT Hedge Fund Activity: Q3 2019 in Review
169 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Novanta (NOVT) for Q3 2019, worth a combined $2.57B — down 12% from $2.91B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of NOVT and 15 opened new positions — a net loss of 14 holders — while 50 trimmed existing stakes and 80 added.
The largest buyer was AllianceBernstein, adding an estimated $18.9M. The largest seller was Invesco, cutting an estimated $28.8M.
- 169 institutional investors held Novanta (NOVT) as of Q3 2019, down from 185 in Q2 2019.
- Funds reported $2.57B of Novanta stock for Q3 2019, down 12% quarter-over-quarter.
- 15 funds opened new Novanta positions in Q3 2019 and 29 closed out, a net change of -14 holders.
- The largest Novanta buyer in Q3 2019 was AllianceBernstein, an estimated $18.9M added.
- The largest Novanta seller in Q3 2019 was Invesco, an estimated $28.8M sold.
Based on aggregated 13F filings for Q3 2019.