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Novavax

129 hedge funds and large institutions have $588M invested in Novavax in 2013 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 56 increasing their positions, 35 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

76% more capital invested

Capital invested by funds: $334M → $588M (+$254M)

60% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 35

24% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 21

4% more funds holding

Funds holding: 124129 (+5)

61% less call options, than puts

Call options by funds: $3M | Put options by funds: $7.75M

Holders
129
Holders Change
+5
Holders Change %
+4.03%
% of All Funds
3.74%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.09%
New
26
Increased
56
Reduced
35
Closed
21
Calls
$3M
Puts
$7.75M
Net Calls
-$4.75M
Net Calls Change
-$5.49M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$129M +$12.5M +177,105 +16%
RCM
2
RA Capital Management
Massachusetts
$55.4M -$35.3M -499,406 -48%
BFA
3
BlackRock Fund Advisors
California
$38.2M +$6.44M +91,173 +32%
Invesco
4
Invesco
Georgia
$36.3M +$25M +354,063 New
State Street
5
State Street
Massachusetts
$34.8M +$16.5M +233,075 +219%
Vanguard Group
6
Vanguard Group
Pennsylvania
$28.1M +$4.25M +60,126 +28%
BIT
7
BlackRock Institutional Trust
California
$26.9M +$3.25M +46,064 +21%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$24.7M -$543K -7,687 -3%
HM
9
HealthCor Management
New York
$23.6M +$3.89M +55,100 +32%
T. Rowe Price Associates
10
T. Rowe Price Associates
Maryland
$21.9M +$19.6K +278 +0.1%
CCM
11
Camber Capital Management
Massachusetts
$17.9M -$4.28M -60,550 -26%
Franklin Resources
12
Franklin Resources
California
$16.8M +$990K +14,008 +9%
Northern Trust
13
Northern Trust
Illinois
$12.9M +$2.03M +28,686 +29%
FCMI
14
Foresite Capital Management I
California
$6.84M +$4.72M +66,810 New
Ameriprise
15
Ameriprise
Minnesota
$6.8M +$4.66M +65,938 +15,625%
EAM
16
Eventide Asset Management
Massachusetts
$6.59M +$4.55M +64,365 New
BBA
17
Baker Bros. Advisors
New York
$6.59M -$1.52M -21,500 -25%
BNP Paribas Asset Management
18
BNP Paribas Asset Management
France
$5.97M +$4.12M +58,282 New
Bank of New York Mellon
19
Bank of New York Mellon
New York
$5.58M +$1.2M +17,025 +45%
CAM
20
Cormorant Asset Management
Massachusetts
$5.12M +$3.53M +50,000 New
Geode Capital Management
21
Geode Capital Management
Massachusetts
$4.7M +$892K +12,620 +38%
First Eagle Investment Management
22
First Eagle Investment Management
New York
$4.1M
TCIM
23
TIAA CREF Investment Management
New York
$3.87M +$768K +10,873 +40%
IIM
24
Ironwood Investment Management
Massachusetts
$3.38M -$3.25M -46,044 -58%
AWMDMG
25
Austin W. Marxe & David M. Greenhouse
New York
$3.26M

NVAX Hedge Fund Activity: Q4 2013 in Review

129 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Novavax (NVAX) for Q4 2013, worth a combined $588M — up 76% from $334M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new NVAX positions and 21 closed out — a net gain of 5 holders — while 56 added to existing stakes and 35 trimmed.

The largest buyer was Invesco, opening a new position worth an estimated $25M. The largest seller was RA Capital Management, cutting an estimated $35.3M.

  • 129 institutional investors held Novavax (NVAX) as of Q4 2013, up from 124 in Q3 2013.
  • Funds reported $588M of Novavax stock for Q4 2013, up 76% quarter-over-quarter.
  • 26 funds opened new Novavax positions in Q4 2013 and 21 closed out, a net change of +5 holders.
  • The largest Novavax buyer in Q4 2013 was Invesco, an estimated $25M added.
  • The largest Novavax seller in Q4 2013 was RA Capital Management, an estimated $35.3M sold.

Based on aggregated 13F filings for Q4 2013.