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Novanta
NOVT

257 hedge funds and large institutions have $5.98B invested in Novanta in 2023 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 91 increasing their positions, 94 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more capital invested

Capital invested by funds: $4.95B → $5.98B (+$1.03B)

2.82% more ownership

Funds ownership: 96.39% → 99.21% (+2.8%)

0% more funds holding in top 10

Funds holding in top 10: 4 → 4 (0)

3% less repeat investments, than reductions

Existing positions increased: 91 | Existing positions reduced: 94

8% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 37

2% less funds holding

Funds holding: 263 → 257 (-6)

13% less call options, than puts

Call options by funds: $2.73M | Put options by funds: $3.13M

Holders
257
Holders Change
-6
Holders Change %
-2.28%
% of All Funds
3.75%
Holding in Top 10
4
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.06%
New
34
Increased
91
Reduced
94
Closed
37
Calls
$2.73M
Puts
$3.13M
Net Calls
-$404K
Net Calls Change
-$763K

Top Buyers

Rank Fund Capital Flow
1
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
+$124M
2
Kayne Anderson Rudnick Investment Management
Kayne Anderson Rudnick Investment Management
California
+$89.6M
3
Morgan Stanley
Morgan Stanley
New York
+$57.1M
4
BlackRock
BlackRock
New York
+$22.3M
5
ClearBridge Investments
ClearBridge Investments
New York
+$19.4M

Top Sellers

Rank Fund Capital Flow
1
Federated Hermes
Federated Hermes
Pennsylvania
-$33.5M
2
FAM
Fred Alger Management
New York
-$30.8M
3
AllianceBernstein
AllianceBernstein
Tennessee
-$30.2M
4
Capital International Investors
Capital International Investors
California
-$27.6M
5
Allspring Global Investments
Allspring Global Investments
North Carolina
-$15.6M
Name Holding Trade Value Shares
Change 		Change in
Stake
VOYA Investment Management
101
VOYA Investment Management
Georgia
$2.41M -$1.75K -12 -0.1%
TD Asset Management
102
TD Asset Management
Ontario, Canada
$2.41M – – –
Ensign Peak Advisors
103
Ensign Peak Advisors
Utah
$2.23M – – –
Amundi
104
Amundi
France
$2.23M -$1.07M -7,345 -34%
Daiwa Securities Group
105
Daiwa Securities Group
Japan
$2.03M +$1.75M +12,029 New
TRSOTSOK
106
Teachers Retirement System of the State of Kentucky
Kentucky
$1.96M -$1.69M -11,586 -50%
SPS
107
Susquehanna Portfolio Strategies
Pennsylvania
$1.95M +$1.68M +11,556 New
AIP
108
Ameritas Investment Partners
Nebraska
$1.94M -$8.31K -57 -0.5%
ECM
109
ExodusPoint Capital Management
New York
$1.91M +$1.65M +11,309 New
ZB
110
Zions Bancorporation
Utah
$1.85M +$87K +597 +6%
State Board of Administration of Florida Retirement System
111
State Board of Administration of Florida Retirement System
Florida
$1.72M – – –
OPERF
112
Oregon Public Employees Retirement Fund
Oregon
$1.7M +$9.62K +66 +0.7%
LSERS
113
Louisiana State Employees Retirement System
Louisiana
$1.7M – – –
ASRS
114
Arizona State Retirement System
Arizona
$1.69M -$27K -185 -2%
Allianz Asset Management
115
Allianz Asset Management
Germany
$1.68M +$1.01M +6,900 +223%
Thrivent Financial for Lutherans
116
Thrivent Financial for Lutherans
Minnesota
$1.51M -$2.92K -20 -0.2%
PCM
117
Peregrine Capital Management
Minnesota
$1.49M – – –
Pacer Advisors
118
Pacer Advisors
Pennsylvania
$1.45M +$817K +5,604 +185%
SOMRS
119
State of Michigan Retirement System
Michigan
$1.45M – – –
Citigroup
120
Citigroup
New York
$1.43M +$674K +4,622 +120%
Stifel Financial
121
Stifel Financial
Missouri
$1.39M -$1.85M -12,666 -61%
GT
122
Glenmede Trust
Pennsylvania
$1.35M -$185K -1,266 -14%
NMIMC
123
Northwestern Mutual Investment Management Company
Wisconsin
$1.34M +$3.79K +26 +0.3%
LCM
124
Legato Capital Management
California
$1.33M – – –
ProShare Advisors
125
ProShare Advisors
Maryland
$1.33M +$193K +1,321 +20%
3 4
5
6 7

NOVT Hedge Fund Activity: Q4 2023 in Review

257 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Novanta (NOVT) for Q4 2023, worth a combined $5.98B — up 21% from $4.95B a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of NOVT and 34 opened new positions — a net loss of 3 holders — while 94 trimmed existing stakes and 91 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $124M. The largest seller was Federated Hermes, cutting an estimated $33.5M.

  • 257 institutional investors held Novanta (NOVT) as of Q4 2023, down from 263 in Q3 2023.
  • Funds reported $5.98B of Novanta stock for Q4 2023, up 21% quarter-over-quarter.
  • 34 funds opened new Novanta positions in Q4 2023 and 37 closed out, a net change of -3 holders.
  • The largest Novanta buyer in Q4 2023 was T. Rowe Price Associates, an estimated $124M added.
  • The largest Novanta seller in Q4 2023 was Federated Hermes, an estimated $33.5M sold.

Based on aggregated 13F filings for Q4 2023.