Novanta
NOVT
183 hedge funds and large institutions have $1.89B invested in Novanta in 2018 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 60 increasing their positions, 70 reducing their positions, and 25 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
20% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 25
1% more funds holding
Funds holding: 181 → 183 (+2)
0.2% more ownership
Funds ownership: 85.73% → 85.93% (+0.2%)
7% less capital invested
Capital invested by funds: $2.03B → $1.89B (-$142M)
14% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 70
20% less call options, than puts
Call options by funds: $1.53M | Put options by funds: $1.92M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Axa
Paris,
France
|
+$35.2M |
| 2 |
Janus Henderson Group
London,
|
+$14.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$14.4M |
| 4 |
FAM
Fred Alger Management
New York
|
+$11.4M |
| 5 |
Neuberger Berman Group
New York
|
+$9.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAMU
AEGON Asset Management (UK)
Edinburgh,
United Kingdom
|
-$32.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$20.6M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$19.9M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$9.66M |
| 5 |
CM
Castleark Management
Chicago,
Illinois
|
-$9.66M |
NOVT Hedge Fund Activity: Q4 2018 in Review
183 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Novanta (NOVT) for Q4 2018, worth a combined $1.89B — down 7% from $2.03B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new NOVT positions and 25 closed out — a net gain of 5 holders — while 60 added to existing stakes and 70 trimmed.
The largest buyer was Axa, opening a new position worth an estimated $35.2M. The largest seller was AEGON Asset Management (UK), cutting an estimated $32.4M.
- 183 institutional investors held Novanta (NOVT) as of Q4 2018, up from 181 in Q3 2018.
- Funds reported $1.89B of Novanta stock for Q4 2018, down 7% quarter-over-quarter.
- 30 funds opened new Novanta positions in Q4 2018 and 25 closed out, a net change of +5 holders.
- The largest Novanta buyer in Q4 2018 was Axa, an estimated $35.2M added.
- The largest Novanta seller in Q4 2018 was AEGON Asset Management (UK), an estimated $32.4M sold.
Based on aggregated 13F filings for Q4 2018.