Novanta
NOVT
184 hedge funds and large institutions have $1.86B invested in Novanta in 2018 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 67 increasing their positions, 61 reducing their positions, and 29 closing their positions.
23% more capital invested
Capital invested by funds: $1.51B → $1.86B (+$352M)
2.61% more ownership
Funds ownership: 83.57% → 86.18% (+2.6%)
10% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 61
9% more call options, than puts
Call options by funds: $2.18M | Put options by funds: $1.99M
3% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 29
0% more funds holding
Funds holding: 184 → 184 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$57.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$40M |
| 3 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$22.2M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$17.7M |
| 5 |
AAMU
AEGON Asset Management (UK)
Edinburgh,
United Kingdom
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$24.4M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$16.8M |
| 3 |
Renaissance Technologies
New York
|
-$15.2M |
| 4 |
PIM
Paradice Investment Management
Denver,
Colorado
|
-$13.5M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$9.3M |
NOVT Hedge Fund Activity: Q2 2018 in Review
184 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Novanta (NOVT) for Q2 2018, worth a combined $1.86B — up 23% from $1.51B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new NOVT positions and 29 closed out — a net gain of 1 holder — while 67 added to existing stakes and 61 trimmed.
The largest buyer was William Blair Investment Management, opening a new position worth an estimated $57.2M. The largest seller was T. Rowe Price Associates, cutting an estimated $24.4M.
- 184 institutional investors held Novanta (NOVT) as of Q2 2018, unchanged from Q1 2018.
- Funds reported $1.86B of Novanta stock for Q2 2018, up 23% quarter-over-quarter.
- 30 funds opened new Novanta positions in Q2 2018 and 29 closed out, a net change of +1 holder.
- The largest Novanta buyer in Q2 2018 was William Blair Investment Management, an estimated $57.2M added.
- The largest Novanta seller in Q2 2018 was T. Rowe Price Associates, an estimated $24.4M sold.
Based on aggregated 13F filings for Q2 2018.