NVE Corp
NVEC
95 hedge funds and large institutions have $266M invested in NVE Corp in 2017 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 42 increasing their positions, 30 reducing their positions, and 11 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 30
0.38% more ownership
Funds ownership: 71.1% → 71.48% (+0.38%)
3% less funds holding
Funds holding: 98 → 95 (-3)
6% less capital invested
Capital invested by funds: $285M → $266M (-$18.5M)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
Top Sellers
| 1 |
MPI
Mairs & Power Inc
St Paul,
Minnesota
|
-$3.91M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.12M |
| 3 |
Two Sigma Investments
New York
|
-$1.03M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$794K |
| 5 |
JP Morgan Chase
New York
|
-$557K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HHC
101
Hutchin Hill Capital
New York
| – | -$265K | -3,200 | Closed |
|
|
HIM
102
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$248K | -3,000 | Closed |
|
|
VRS
103
Virginia Retirement Systems
Richmond,
Virginia
| – | -$232K | -2,800 | Closed |
|
104
D.E. Shaw & Co
New York
| – | -$210K | -2,537 | Closed |
|
|
GWM
105
Geneos Wealth Management
Englewood,
Colorado
| – | -$1K | -18 | Closed |
|
|
TRCT
106
Tower Research Capital (TRC)
New York
| – | +$479 | +6 | New |
|
NVEC Hedge Fund Activity: Q2 2017 in Review
95 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in NVE Corp (NVEC) for Q2 2017, worth a combined $266M — down 6.5% from $285M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NVEC and 8 opened new positions — a net loss of 3 holders — while 30 trimmed existing stakes and 42 added.
The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $1.77M. The largest seller was Mairs & Power Inc, cutting an estimated $3.91M.
- 95 institutional investors held NVE Corp (NVEC) as of Q2 2017, down from 98 in Q1 2017.
- Funds reported $266M of NVE Corp stock for Q2 2017, down 6.5% quarter-over-quarter.
- 8 funds opened new NVE Corp positions in Q2 2017 and 11 closed out, a net change of -3 holders.
- The largest NVE Corp buyer in Q2 2017 was Kayne Anderson Rudnick Investment Management, an estimated $1.77M added.
- The largest NVE Corp seller in Q2 2017 was Mairs & Power Inc, an estimated $3.91M sold.
Based on aggregated 13F filings for Q2 2017.