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Novanta

199 hedge funds and large institutions have $4.3B invested in Novanta in 2021 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 65 increasing their positions, 80 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more capital invested

Capital invested by funds: $3.79B → $4.3B (+$504M)

1.08% more ownership

Funds ownership: 91.26%92.34% (+1.1%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

5% less funds holding

Funds holding: 210199 (-11)

19% less repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 80

29% less call options, than puts

Call options by funds: $1.98M | Put options by funds: $2.78M

33% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 30

Holders
199
Holders Change
-11
Holders Change %
-5.24%
% of All Funds
3.49%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
20
Increased
65
Reduced
80
Closed
30
Calls
$1.98M
Puts
$2.78M
Net Calls
-$805K
Net Calls Change
+$425K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$427M +$8.04M +61,218 +2%
BlackRock
2
BlackRock
New York
$348M -$813K -6,184 -0.2%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$325M -$6.26M -47,672 -2%
Neuberger Berman Group
4
Neuberger Berman Group
New York
$264M +$9.22M +70,162 +4%
AllianceBernstein
5
AllianceBernstein
Tennessee
$202M -$4.3M -32,719 -2%
Artisan Partners
6
Artisan Partners
Wisconsin
$169M +$3.29M +25,021 +2%
CCA
7
Conestoga Capital Advisors
Pennsylvania
$146M +$8.35M +63,543 +6%
Wells Fargo
8
Wells Fargo
California
$144M +$5.55M +42,224 +4%
William Blair Investment Management
9
William Blair Investment Management
Illinois
$135M +$1.1M +8,373 +0.8%
JP Morgan Chase
10
JP Morgan Chase
New York
$133M +$25.7M +195,541 +24%
WA
11
Wasatch Advisors
Utah
$129M -$422K -3,211 -0.3%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$95.5M -$2.51M -19,109 -3%
State Street
13
State Street
Massachusetts
$87.4M -$2.38M -18,096 -3%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$77.6M +$7.42M +56,446 +11%
GCM
15
Geneva Capital Management
Wisconsin
$73.7M -$1.62M -12,358 -2%
Axa
16
Axa
France
$71.8M +$8.95M +68,081 +14%
Loomis, Sayles & Company
17
Loomis, Sayles & Company
Massachusetts
$69.3M +$5.46M +41,555 +9%
Capital International Investors
18
Capital International Investors
California
$65.1M +$14.9M +113,122 +30%
WRF
19
Waddell & Reed Financial
Kansas
$62.7M +$6.66M +50,684 +12%
Goldman Sachs
20
Goldman Sachs
New York
$62.7M -$1.59M -12,069 -2%
Northern Trust
21
Northern Trust
Illinois
$53.9M -$3.84M -29,193 -7%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$53.7M -$2.3M -17,523 -4%
PIM
23
Paradice Investment Management
Colorado
$50.6M -$1.23M -9,360 -2%
Ameriprise
24
Ameriprise
Minnesota
$50.6M +$1.29M +9,816 +3%
Wellington Management Group
25
Wellington Management Group
Massachusetts
$44.2M -$720K -5,478 -2%

NOVT Hedge Fund Activity: Q1 2021 in Review

199 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Novanta (NOVT) for Q1 2021, worth a combined $4.3B — up 13% from $3.79B a quarter earlier.

Sellers outnumbered buyers: 30 funds closed out of NOVT and 20 opened new positions — a net loss of 10 holders — while 80 trimmed existing stakes and 65 added.

The largest buyer was JP Morgan Chase, adding an estimated $25.7M. The largest seller was Schroder Investment Management Group, exiting entirely with an estimated $17.2M sold.

  • 199 institutional investors held Novanta (NOVT) as of Q1 2021, down from 210 in Q4 2020.
  • Funds reported $4.3B of Novanta stock for Q1 2021, up 13% quarter-over-quarter.
  • 20 funds opened new Novanta positions in Q1 2021 and 30 closed out, a net change of -10 holders.
  • The largest Novanta buyer in Q1 2021 was JP Morgan Chase, an estimated $25.7M added.
  • The largest Novanta seller in Q1 2021 was Schroder Investment Management Group, an estimated $17.2M sold.

Based on aggregated 13F filings for Q1 2021.