Neovasc Inc.
NVCN
NVCN was delisted on the 10th of April, 2023.
20 hedge funds and large institutions have $125M invested in Neovasc Inc. in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
11% more funds holding
Funds holding: 18 → 20 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less capital invested
Capital invested by funds: $129M → $125M (-$4.06M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
Bailard
Foster City,
California
|
+$1.98M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$1.22M |
| 3 |
GS
Gagnon Securities
New York
|
+$376K |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$282K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$94.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$565K |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$282K |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$204K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Adage Capital Partners
Boston,
Massachusetts
| – | -$204K | -2 | Closed |
|
NVCN Hedge Fund Activity: Q1 2016 in Review
20 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Neovasc Inc. (NVCN) for Q1 2016, worth a combined $125M — down 3.1% from $129M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NVCN positions and 1 closed out — a net gain of 2 holders — while 4 added to existing stakes and 2 trimmed.
The largest buyer was Bailard, opening a new position worth an estimated $1.98M. The largest seller was Highland Capital Management (Texas), cutting an estimated $565K.
- 20 institutional investors held Neovasc Inc. (NVCN) as of Q1 2016, up from 18 in Q4 2015.
- Funds reported $125M of Neovasc Inc. stock for Q1 2016, down 3.1% quarter-over-quarter.
- 3 funds opened new Neovasc Inc. positions in Q1 2016 and 1 closed out, a net change of +2 holders.
- The largest Neovasc Inc. buyer in Q1 2016 was Bailard, an estimated $1.98M added.
- The largest Neovasc Inc. seller in Q1 2016 was Highland Capital Management (Texas), an estimated $565K sold.
Based on aggregated 13F filings for Q1 2016.