Novavax
NVAX
142 hedge funds and large institutions have $184M invested in Novavax in 2016 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 40 increasing their positions, 51 reducing their positions, and 39 closing their positions.
2.69% more ownership
Funds ownership: 0% → 2.69% (+2.7%)
14% less funds holding
Funds holding: 165 → 142 (-23)
22% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 51
37% less call options, than puts
Call options by funds: $1.89M | Put options by funds: $3.02M
47% less capital invested
Capital invested by funds: $350M → $184M (-$166M)
54% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$14.5M |
| 2 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
+$4.7M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.99M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$1.92M |
| 5 |
Citigroup
New York
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$30.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$14.2M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$8.95M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$7.47M |
| 5 |
Millennium Management
New York
|
-$3.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QCG
176
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$1K | -48 | Closed |
|
177
US Bancorp
Minneapolis,
Minnesota
| – | -$2K | -45 | Closed |
|
|
AWMS
178
Advocacy Wealth Management Services
Atlanta,
Georgia
| – | -$2K | -40 | Closed |
|
NVAX Hedge Fund Activity: Q4 2016 in Review
142 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Novavax (NVAX) for Q4 2016, worth a combined $184M — down 47% from $350M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of NVAX and 18 opened new positions — a net loss of 21 holders — while 51 trimmed existing stakes and 40 added.
The largest buyer was State Street, adding an estimated $14.5M. The largest seller was Wellington Management Group, exiting entirely with an estimated $30.8M sold.
- 142 institutional investors held Novavax (NVAX) as of Q4 2016, down from 165 in Q3 2016.
- Funds reported $184M of Novavax stock for Q4 2016, down 47% quarter-over-quarter.
- 18 funds opened new Novavax positions in Q4 2016 and 39 closed out, a net change of -21 holders.
- The largest Novavax buyer in Q4 2016 was State Street, an estimated $14.5M added.
- The largest Novavax seller in Q4 2016 was Wellington Management Group, an estimated $30.8M sold.
Based on aggregated 13F filings for Q4 2016.