Novanta
NOVT
185 hedge funds and large institutions have $3.37B invested in Novanta in 2020 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 62 increasing their positions, 64 reducing their positions, and 14 closing their positions.
774% more call options, than puts
Call options by funds: $4.2M | Put options by funds: $480K
143% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 14
34% more capital invested
Capital invested by funds: $2.53B → $3.37B (+$847M)
11% more funds holding
Funds holding: 166 → 185 (+19)
0.17% less ownership
Funds ownership: 90.14% → 89.96% (-0.17%)
3% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 64
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$34.1M |
| 2 |
BlackRock
New York
|
+$23.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$13M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$10.7M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$28.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$15M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$14.5M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$14.1M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$12.4M |
NOVT Hedge Fund Activity: Q2 2020 in Review
185 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Novanta (NOVT) for Q2 2020, worth a combined $3.37B — up 34% from $2.53B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new NOVT positions and 14 closed out — a net gain of 20 holders — while 62 added to existing stakes and 64 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $34.1M. The largest seller was Deutsche Bank, cutting an estimated $28.7M.
- 185 institutional investors held Novanta (NOVT) as of Q2 2020, up from 166 in Q1 2020.
- Funds reported $3.37B of Novanta stock for Q2 2020, up 34% quarter-over-quarter.
- 34 funds opened new Novanta positions in Q2 2020 and 14 closed out, a net change of +20 holders.
- The largest Novanta buyer in Q2 2020 was JP Morgan Chase, an estimated $34.1M added.
- The largest Novanta seller in Q2 2020 was Deutsche Bank, an estimated $28.7M sold.
Based on aggregated 13F filings for Q2 2020.