Neovasc Inc.
NVCN
NVCN was delisted on the 10th of April, 2023.
21 hedge funds and large institutions have $191M invested in Neovasc Inc. in 2015 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 6 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
13% less funds holding
Funds holding: 24 → 21 (-3)
28% less capital invested
Capital invested by funds: $266M → $191M (-$74.6M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Gagnon Advisors
New York
|
+$9.67M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$6M |
| 3 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$5.61M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$5.22M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$31.9M |
| 2 |
PVI
Pura Vida Investments
New York
|
-$2.79M |
| 3 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
-$1.35M |
| 4 |
Millennium Management
New York
|
-$967K |
| 5 |
Neuberger Berman Group
New York
|
-$883K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $8K | – | – | – |
|
27
Walleye Trading
New York
| $2K | – | – | – |
|
28
Citigroup
New York
| $1K | – | – | – |
|
|
29
Adage Capital Partners
Boston,
Massachusetts
| – | -$31.9M | -112 | Closed |
|
|
PVI
30
Pura Vida Investments
New York
| – | -$2.79M | -12 | Closed |
|
|
EAM
31
EverPoint Asset Management
Stamford,
Connecticut
| – | -$1.35M | -6 | Closed |
|
|
32
Neuberger Berman Group
New York
| – | -$883K | -4 | Closed |
|
|
NFG
33
Nadler Financial Group
Deerfield,
Illinois
| – | -$113K | -1 | Closed |
|
|
PPA
34
Parametric Portfolio Associates
Seattle,
Washington
| – | -$259K | -1 | Closed |
|
35
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$34K | – | – |
|
36
Wells Fargo
San Francisco,
California
| – | -$9K | – | – |
|
NVCN Hedge Fund Activity: Q2 2015 in Review
21 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Neovasc Inc. (NVCN) for Q2 2015, worth a combined $191M — down 28% from $266M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NVCN and 3 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 7 added.
The largest buyer was Gagnon Advisors, adding an estimated $9.67M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $31.9M sold.
- 21 institutional investors held Neovasc Inc. (NVCN) as of Q2 2015, down from 24 in Q1 2015.
- Funds reported $191M of Neovasc Inc. stock for Q2 2015, down 28% quarter-over-quarter.
- 3 funds opened new Neovasc Inc. positions in Q2 2015 and 6 closed out, a net change of -3 holders.
- The largest Neovasc Inc. buyer in Q2 2015 was Gagnon Advisors, an estimated $9.67M added.
- The largest Neovasc Inc. seller in Q2 2015 was Adage Capital Partners, an estimated $31.9M sold.
Based on aggregated 13F filings for Q2 2015.