Neovasc Inc.
NVCN
NVCN was delisted on the 10th of April, 2023.
22 hedge funds and large institutions have $150M invested in Neovasc Inc. in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 1 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
5% more funds holding
Funds holding: 21 → 22 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
21% less capital invested
Capital invested by funds: $191M → $150M (-$41.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$7.3M |
| 2 |
B
Bailard
Foster City,
California
|
+$859K |
| 3 |
RA
Royce & Associates
New York
|
+$859K |
| 4 |
VAM
Visium Asset Management
New York
|
+$859K |
| 5 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$573K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GS
Gagnon Securities
New York
|
-$143K |
| 2 |
Millennium Management
New York
|
-$143K |
| 3 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$143K |
| 4 |
ERIM
Eagle Ridge Investment Management
Stamford,
Connecticut
|
-$135K |
| 5 |
BAMCO Inc
New York
|
-$80K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ERIM
26
Eagle Ridge Investment Management
Stamford,
Connecticut
| – | -$135K | -1 | Closed |
|
|
27
BAMCO Inc
New York
| – | -$80K | – | – |
|
28
First Manhattan
New York
| – | -$68K | – | – |
|
29
Walleye Trading
New York
| – | -$2K | – | – |
|
NVCN Hedge Fund Activity: Q3 2015 in Review
22 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Neovasc Inc. (NVCN) for Q3 2015, worth a combined $150M — down 21% from $191M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new NVCN positions and 1 closed out — a net gain of 1 holder — while 7 added to existing stakes and 3 trimmed.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $7.3M. The largest seller was Gagnon Securities, cutting an estimated $143K.
- 22 institutional investors held Neovasc Inc. (NVCN) as of Q3 2015, up from 21 in Q2 2015.
- Funds reported $150M of Neovasc Inc. stock for Q3 2015, down 21% quarter-over-quarter.
- 2 funds opened new Neovasc Inc. positions in Q3 2015 and 1 closed out, a net change of +1 holder.
- The largest Neovasc Inc. buyer in Q3 2015 was Adage Capital Partners, an estimated $7.3M added.
- The largest Neovasc Inc. seller in Q3 2015 was Gagnon Securities, an estimated $143K sold.
Based on aggregated 13F filings for Q3 2015.