Novanta
NOVT
165 hedge funds and large institutions have $1.44B invested in Novanta in 2017 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 50 increasing their positions, 63 reducing their positions, and 16 closing their positions.
376% more call options, than puts
Call options by funds: $2.12M | Put options by funds: $446K
125% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 16
21% more capital invested
Capital invested by funds: $1.19B → $1.44B (+$250M)
13% more funds holding
Funds holding: 146 → 165 (+19)
4.33% more ownership
Funds ownership: 79.02% → 83.35% (+4.3%)
21% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 63
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$36.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$23.9M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$22.8M |
| 4 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$18.9M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$18.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Paradice Investment Management
Denver,
Colorado
|
-$26.9M |
| 2 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
-$20.8M |
| 3 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$11.4M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.8M |
| 5 |
CSC
Cove Street Capital
El Segundo,
California
|
-$8.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCIA
176
Campbell & Co Investment Adviser
Baltimore,
Maryland
| – | -$281K | -6,434 | Closed |
|
|
JG
177
Jefferies Group
New York
| – | -$245K | -5,629 | Closed |
|
|
CSS
178
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$240K | -5,511 | Closed |
|
179
Nordea Investment Management
Stockholm,
Sweden
| – | -$222K | -5,100 | Closed |
|
|
TDC
180
Thompson Davis & Co
Richmond,
Virginia
| – | -$202K | -4,625 | Closed |
|
|
AIM
181
Advantage Investment Management
Cedar Rapids,
Iowa
| – | +$146 | +3 | New |
|
NOVT Hedge Fund Activity: Q4 2017 in Review
165 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Novanta (NOVT) for Q4 2017, worth a combined $1.44B — up 21% from $1.19B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new NOVT positions and 16 closed out — a net gain of 20 holders — while 50 added to existing stakes and 63 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $36.8M. The largest seller was Paradice Investment Management, cutting an estimated $26.9M.
- 165 institutional investors held Novanta (NOVT) as of Q4 2017, up from 146 in Q3 2017.
- Funds reported $1.44B of Novanta stock for Q4 2017, up 21% quarter-over-quarter.
- 36 funds opened new Novanta positions in Q4 2017 and 16 closed out, a net change of +20 holders.
- The largest Novanta buyer in Q4 2017 was Neuberger Berman Group, an estimated $36.8M added.
- The largest Novanta seller in Q4 2017 was Paradice Investment Management, an estimated $26.9M sold.
Based on aggregated 13F filings for Q4 2017.