Novanta
NOVT
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 29 closing their positions.
13% more capital invested
Capital invested by funds: $3.79B → $4.3B (+$505M)
1.08% more ownership
Funds ownership: 91.26% → 92.34% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 210 → 199 (-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
31% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$25.7M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$14.9M |
| 3 |
Neuberger Berman Group
New York
|
+$9.22M |
| 4 |
Axa
Paris,
France
|
+$8.95M |
| 5 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$8.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$17.2M |
| 2 |
Morgan Stanley
New York
|
-$13.8M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$6.26M |
| 4 |
Janus Henderson Group
London,
|
-$5.03M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.34M |
NOVT Hedge Fund Activity: Q1 2021 in Review
199 of the 5,711 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: 29 funds closed out of NOVT and 20 opened new positions — a net loss of 9 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 29 closed out, a net change of -9 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.