Novanta
NOVT
167 hedge funds and large institutions have $2.53B invested in Novanta in 2020 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 59 increasing their positions, 71 reducing their positions, and 18 closing their positions.
525% more call options, than puts
Call options by funds: $1.95M | Put options by funds: $312K
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
0.69% less ownership
Funds ownership: 90.84% → 90.15% (-0.69%)
4% less funds holding
Funds holding: 174 → 167 (-7)
10% less capital invested
Capital invested by funds: $2.82B → $2.53B (-$291M)
17% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 71
28% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$29.1M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$8.73M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.76M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.88M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$4.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$30.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$27.7M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$16.2M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$13.5M |
| 5 |
NPF
Norris Perne & French
Grand Rapids,
Michigan
|
-$10.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CSS
176
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$236K | -2,670 | Closed |
|
|
PP
177
Paloma Partners
Greenwich,
Connecticut
| – | -$225K | -2,541 | Closed |
|
178
HSBC Holdings
London,
United Kingdom
| – | -$222K | -2,501 | Closed |
|
|
ACM
179
AlphaCrest Capital Management
New York
| – | -$203K | -2,300 | Closed |
|
|
FDCDDQ
180
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$46.3K | -523 | Closed |
|
|
MAM
181
Meeder Asset Management
Dublin,
Ohio
| – | -$16K | -181 | Closed |
|
|
OPS
182
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$10K | -111 | Closed |
|
|
EW
183
Evoke Wealth
Los Angeles,
California
| – | -$7.08K | -80 | Closed |
|
|
ACM
184
Allred Capital Management
Dallas,
Texas
| – | -$2.83K | -32 | Closed |
|
|
IA
185
IFP Advisors
Tampa,
Florida
| – | -$1.88K | -21 | Closed |
|
NOVT Hedge Fund Activity: Q1 2020 in Review
167 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Novanta (NOVT) for Q1 2020, worth a combined $2.53B — down 10% from $2.82B a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of NOVT and 13 opened new positions — a net loss of 5 holders — while 71 trimmed existing stakes and 59 added.
The largest buyer was Deutsche Bank, adding an estimated $29.1M. The largest seller was Janus Henderson Group, cutting an estimated $30.6M.
- 167 institutional investors held Novanta (NOVT) as of Q1 2020, down from 174 in Q4 2019.
- Funds reported $2.53B of Novanta stock for Q1 2020, down 10% quarter-over-quarter.
- 13 funds opened new Novanta positions in Q1 2020 and 18 closed out, a net change of -5 holders.
- The largest Novanta buyer in Q1 2020 was Deutsche Bank, an estimated $29.1M added.
- The largest Novanta seller in Q1 2020 was Janus Henderson Group, an estimated $30.6M sold.
Based on aggregated 13F filings for Q1 2020.