Novanta
NOVT
174 hedge funds and large institutions have $2.82B invested in Novanta in 2019 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 61 increasing their positions, 68 reducing their positions, and 13 closing their positions.
138% more call options, than puts
Call options by funds: $1.22M | Put options by funds: $513K
54% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 13
10% more capital invested
Capital invested by funds: $2.57B → $2.82B (+$250M)
3% more funds holding
Funds holding: 169 → 174 (+5)
1.36% more ownership
Funds ownership: 89.47% → 90.84% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$26.7M |
| 2 |
EAM
Eventide Asset Management
Boston,
Massachusetts
|
+$24.2M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$13.7M |
| 4 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$12.9M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$10.5M |
| 2 |
Goldman Sachs
New York
|
-$9.09M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$8.67M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.19M |
| 5 |
FAM
Fred Alger Management
New York
|
-$5.79M |
NOVT Hedge Fund Activity: Q4 2019 in Review
174 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Novanta (NOVT) for Q4 2019, worth a combined $2.82B — up 9.7% from $2.57B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new NOVT positions and 13 closed out — a net gain of 7 holders — while 61 added to existing stakes and 68 trimmed.
The largest buyer was Wasatch Advisors, adding an estimated $26.7M. The largest seller was Renaissance Technologies, cutting an estimated $10.5M.
- 174 institutional investors held Novanta (NOVT) as of Q4 2019, up from 169 in Q3 2019.
- Funds reported $2.82B of Novanta stock for Q4 2019, up 9.7% quarter-over-quarter.
- 20 funds opened new Novanta positions in Q4 2019 and 13 closed out, a net change of +7 holders.
- The largest Novanta buyer in Q4 2019 was Wasatch Advisors, an estimated $26.7M added.
- The largest Novanta seller in Q4 2019 was Renaissance Technologies, an estimated $10.5M sold.
Based on aggregated 13F filings for Q4 2019.