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.
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$124M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$89.6M |
| 3 |
Morgan Stanley
New York
|
+$57.1M |
| 4 |
BlackRock
New York
|
+$22.3M |
| 5 |
ClearBridge Investments
New York
|
+$19.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$33.5M |
| 2 |
FAM
Fred Alger Management
New York
|
-$30.8M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$30.2M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$27.6M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$15.6M |
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.