Novanta
NOVT
270 hedge funds and large institutions have $5.67B invested in Novanta in 2024 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 108 increasing their positions, 95 reducing their positions, and 33 closing their positions.
25% more call options, than puts
Call options by funds: $2.35M | Put options by funds: $1.88M
14% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 95
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.18% less ownership
Funds ownership: 97.11% → 96.93% (-0.18%)
5% less funds holding
Funds holding: 284 → 270 (-14)
7% less capital invested
Capital invested by funds: $6.08B → $5.67B (-$409M)
39% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$25.3M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$21M |
| 3 |
ECM
ExodusPoint Capital Management
New York
|
+$16.5M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$10.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$29.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$14.9M |
| 3 |
AIG
American International Group
New York
|
-$11.3M |
| 4 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$9.2M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$7.47M |
NOVT Hedge Fund Activity: Q2 2024 in Review
270 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Novanta (NOVT) for Q2 2024, worth a combined $5.67B — down 6.7% from $6.08B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of NOVT and 20 opened new positions — a net loss of 13 holders — while 95 trimmed existing stakes and 108 added.
The largest buyer was AllianceBernstein, adding an estimated $25.3M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $29.3M.
- 270 institutional investors held Novanta (NOVT) as of Q2 2024, down from 284 in Q1 2024.
- Funds reported $5.67B of Novanta stock for Q2 2024, down 6.7% quarter-over-quarter.
- 20 funds opened new Novanta positions in Q2 2024 and 33 closed out, a net change of -13 holders.
- The largest Novanta buyer in Q2 2024 was AllianceBernstein, an estimated $25.3M added.
- The largest Novanta seller in Q2 2024 was T. Rowe Price Investment Management, an estimated $29.3M sold.
Based on aggregated 13F filings for Q2 2024.