Novanta
NOVT
210 hedge funds and large institutions have $3.79B invested in Novanta in 2020 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 81 increasing their positions, 67 reducing their positions, and 14 closing their positions.
107% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 14
21% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 67
13% more capital invested
Capital invested by funds: $3.36B → $3.79B (+$432M)
8% more funds holding
Funds holding: 195 → 210 (+15)
0.55% more ownership
Funds ownership: 90.71% → 91.26% (+0.55%)
58% less call options, than puts
Call options by funds: $874K | Put options by funds: $2.1M
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$26.6M |
| 2 |
BlackRock
New York
|
+$15.1M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$10.8M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$7.65M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Paradice Investment Management
Denver,
Colorado
|
-$19.4M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$14.5M |
| 3 |
ACB
Aristotle Capital Boston
Boston,
Massachusetts
|
-$9.83M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$9.45M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$5.42M |
NOVT Hedge Fund Activity: Q4 2020 in Review
210 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Novanta (NOVT) for Q4 2020, worth a combined $3.79B — up 13% from $3.36B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new NOVT positions and 14 closed out — a net gain of 15 holders — while 81 added to existing stakes and 67 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $26.6M. The largest seller was Paradice Investment Management, cutting an estimated $19.4M.
- 210 institutional investors held Novanta (NOVT) as of Q4 2020, up from 195 in Q3 2020.
- Funds reported $3.79B of Novanta stock for Q4 2020, up 13% quarter-over-quarter.
- 29 funds opened new Novanta positions in Q4 2020 and 14 closed out, a net change of +15 holders.
- The largest Novanta buyer in Q4 2020 was JP Morgan Chase, an estimated $26.6M added.
- The largest Novanta seller in Q4 2020 was Paradice Investment Management, an estimated $19.4M sold.
Based on aggregated 13F filings for Q4 2020.