NVE Corp
NVEC
98 hedge funds and large institutions have $285M invested in NVE Corp in 2017 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 39 increasing their positions, 28 reducing their positions, and 8 closing their positions.
175% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 8
39% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 28
14% more capital invested
Capital invested by funds: $249M → $285M (+$35.4M)
10% more funds holding
Funds holding: 89 → 98 (+9)
1.06% less ownership
Funds ownership: 72.16% → 71.1% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$25.5M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$4.18M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.83M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$1.4M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Trigran Investments
Northbrook,
Illinois
|
-$12.2M |
| 2 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
-$3.6M |
| 3 |
MPI
Mairs & Power Inc
St Paul,
Minnesota
|
-$2.28M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.24M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$601K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JHIU
101
Janus Henderson Investors US
Denver,
Colorado
| – | -$336K | -4,700 | Closed |
|
|
PIM
102
Perkins Investment Management
Chicago,
Illinois
| – | -$336K | -4,700 | Closed |
|
103
Russell Investments Group
London,
United Kingdom
| – | -$218K | -3,067 | Closed |
|
104
AllianceBernstein
Nashville,
Tennessee
| – | -$204K | -2,857 | Closed |
|
|
CLOS
105
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | -$14K | -200 | Closed |
|
|
PMFA
106
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$2K | -25 | Closed |
|
NVEC Hedge Fund Activity: Q1 2017 in Review
98 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in NVE Corp (NVEC) for Q1 2017, worth a combined $285M — up 14% from $249M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new NVEC positions and 8 closed out — a net gain of 14 holders — while 39 added to existing stakes and 28 trimmed.
The largest buyer was BlackRock, adding an estimated $25.5M. The largest seller was Trigran Investments, exiting entirely with an estimated $12.2M sold.
- 98 institutional investors held NVE Corp (NVEC) as of Q1 2017, up from 89 in Q4 2016.
- Funds reported $285M of NVE Corp stock for Q1 2017, up 14% quarter-over-quarter.
- 22 funds opened new NVE Corp positions in Q1 2017 and 8 closed out, a net change of +14 holders.
- The largest NVE Corp buyer in Q1 2017 was BlackRock, an estimated $25.5M added.
- The largest NVE Corp seller in Q1 2017 was Trigran Investments, an estimated $12.2M sold.
Based on aggregated 13F filings for Q1 2017.