Neovasc Inc.
NVCN
NVCN was delisted on the 10th of April, 2023.
16 hedge funds and large institutions have $8.08M invested in Neovasc Inc. in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 10 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
20% less funds holding
Funds holding: 20 → 16 (-4)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
94% less capital invested
Capital invested by funds: $125M → $8.08M (-$117M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Gagnon Advisors
New York
|
+$1.19M |
| 2 |
GS
Gagnon Securities
New York
|
+$741K |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$543K |
| 4 |
PVI
Pura Vida Investments
New York
|
+$494K |
| 5 |
EEG
E.E. Geduld
|
+$296K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$12.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.9M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$9.22M |
| 4 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$8.03M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$5.76M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VAM
26
Visium Asset Management
New York
| – | -$5.61M | -53 | Closed |
|
27
M&T Bank
Buffalo,
New York
| – | -$169K | -2 | Closed |
|
|
SCM
28
Sterling Capital Management
Charlotte,
North Carolina
| – | -$247K | -2 | Closed |
|
|
DIA
29
Denver Investment Advisors
Denver,
Colorado
| – | -$60K | -1 | Closed |
|
|
PPA
30
Parametric Portfolio Associates
Seattle,
Washington
| – | -$57K | -1 | Closed |
|
|
RFS
31
Rockefeller Financial Services
New York
| – | -$155K | -1 | Closed |
|
NVCN Hedge Fund Activity: Q2 2016 in Review
16 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Neovasc Inc. (NVCN) for Q2 2016, worth a combined $8.08M — down 94% from $125M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of NVCN and 6 opened new positions — a net loss of 4 holders — while 1 trimmed existing stakes and 4 added.
The largest buyer was Gagnon Advisors, adding an estimated $1.19M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $12.8M sold.
- 16 institutional investors held Neovasc Inc. (NVCN) as of Q2 2016, down from 20 in Q1 2016.
- Funds reported $8.08M of Neovasc Inc. stock for Q2 2016, down 94% quarter-over-quarter.
- 6 funds opened new Neovasc Inc. positions in Q2 2016 and 10 closed out, a net change of -4 holders.
- The largest Neovasc Inc. buyer in Q2 2016 was Gagnon Advisors, an estimated $1.19M added.
- The largest Neovasc Inc. seller in Q2 2016 was Capital Research Global Investors, an estimated $12.8M sold.
Based on aggregated 13F filings for Q2 2016.