Novadaq Technologies Inc.
NVDQ
NVDQ was delisted on the 31st of August, 2017.
94 hedge funds and large institutions have $363M invested in Novadaq Technologies Inc. in 2016 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 40 increasing their positions, 18 reducing their positions, and 14 closing their positions.
122% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 18
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
3% more funds holding
Funds holding: 91 → 94 (+3)
39% less capital invested
Capital invested by funds: $596M → $363M (-$232M)
76% less call options, than puts
Call options by funds: $400K | Put options by funds: $1.66M
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Consonance Capital Management
New York
|
+$21.9M |
| 2 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$8.48M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$8.29M |
| 4 |
ECP
Elk Creek Partners
Denver,
Colorado
|
+$4.53M |
| 5 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
+$4.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Broadfin Capital
New York
|
-$43.2M |
| 2 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$8.43M |
| 3 |
GS
Gagnon Securities
New York
|
-$4.08M |
| 4 |
GA
Gagnon Advisors
New York
|
-$3.94M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$3.66M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TI
101
Trexquant Investment
Stamford,
Connecticut
| – | -$216K | -18,663 | Closed |
|
|
WMSA
102
Weiss Multi-Strategy Advisers
New York
| – | -$162K | -14,000 | Closed |
|
|
DTL
103
Dynamic Technology Lab
Singapore
| – | -$118K | -10,197 | Closed |
|
|
FIB
104
First Interstate Bank
Billings,
Montana
| – | -$23K | -2,000 | Closed |
|
|
TDC
105
Thompson Davis & Co
Richmond,
Virginia
| – | -$14K | -1,200 | Closed |
|
|
RFA
106
Reilly Financial Advisors
La Mesa,
California
| – | -$12K | -1,000 | Closed |
|
|
WAS
107
WESPAC Advisors SoCal
Pasadena,
California
| – | -$11.6K | -1,000 | Closed |
|
108
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$327 | +36 | New |
|
NVDQ Hedge Fund Activity: Q4 2016 in Review
94 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Novadaq Technologies Inc. (NVDQ) for Q4 2016, worth a combined $363M — down 39% from $596M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new NVDQ positions and 14 closed out — a net gain of 3 holders — while 40 added to existing stakes and 18 trimmed.
The largest buyer was Consonance Capital Management, opening a new position worth an estimated $21.9M. The largest seller was Broadfin Capital, cutting an estimated $43.2M.
- 94 institutional investors held Novadaq Technologies Inc. (NVDQ) as of Q4 2016, up from 91 in Q3 2016.
- Funds reported $363M of Novadaq Technologies Inc. stock for Q4 2016, down 39% quarter-over-quarter.
- 17 funds opened new Novadaq Technologies Inc. positions in Q4 2016 and 14 closed out, a net change of +3 holders.
- The largest Novadaq Technologies Inc. buyer in Q4 2016 was Consonance Capital Management, an estimated $21.9M added.
- The largest Novadaq Technologies Inc. seller in Q4 2016 was Broadfin Capital, an estimated $43.2M sold.
Based on aggregated 13F filings for Q4 2016.