Novadaq Technologies Inc.
NVDQ
NVDQ was delisted on the 31st of August, 2017.
85 hedge funds and large institutions have $559M invested in Novadaq Technologies Inc. in 2016 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 31 increasing their positions, 25 reducing their positions, and 15 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 25
9% less funds holding
Funds holding: 93 → 85 (-8)
13% less capital invested
Capital invested by funds: $643M → $559M (-$84.7M)
47% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 15
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Broadfin Capital
New York
|
+$18.9M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$8.53M |
| 3 |
GS
Gagnon Securities
New York
|
+$3.93M |
| 4 |
Axa
Paris,
France
|
+$3.07M |
| 5 |
Primecap Management
Pasadena,
California
|
+$2.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$29.8M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$10.4M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
-$6.44M |
| 4 |
IHM
Iguana Healthcare Management
New York
|
-$2.55M |
| 5 |
CWG
C WorldWide Group
Copenhagen,
Denmark
|
-$1.59M |
NVDQ Hedge Fund Activity: Q1 2016 in Review
85 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Novadaq Technologies Inc. (NVDQ) for Q1 2016, worth a combined $559M — down 13% from $643M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of NVDQ and 8 opened new positions — a net loss of 7 holders — while 25 trimmed existing stakes and 31 added.
The largest buyer was Broadfin Capital, adding an estimated $18.9M. The largest seller was Fidelity Investments, cutting an estimated $29.8M.
- 85 institutional investors held Novadaq Technologies Inc. (NVDQ) as of Q1 2016, down from 93 in Q4 2015.
- Funds reported $559M of Novadaq Technologies Inc. stock for Q1 2016, down 13% quarter-over-quarter.
- 8 funds opened new Novadaq Technologies Inc. positions in Q1 2016 and 15 closed out, a net change of -7 holders.
- The largest Novadaq Technologies Inc. buyer in Q1 2016 was Broadfin Capital, an estimated $18.9M added.
- The largest Novadaq Technologies Inc. seller in Q1 2016 was Fidelity Investments, an estimated $29.8M sold.
Based on aggregated 13F filings for Q1 2016.