NVE Corp
NVEC
94 hedge funds and large institutions have $303M invested in NVE Corp in 2018 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 31 increasing their positions, 33 reducing their positions, and 9 closing their positions.
5% less capital invested
Capital invested by funds: $318M → $303M (-$15.2M)
6% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 33
1.14% less ownership
Funds ownership: 76.35% → 75.21% (-1.1%)
2% less funds holding
Funds holding: 96 → 94 (-2)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Ranger Investment Management
Dallas,
Texas
|
+$2M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.58M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$824K |
| 4 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$782K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$711K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.9M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$2.63M |
| 3 |
State Street
Boston,
Massachusetts
|
-$965K |
| 4 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$920K |
| 5 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
-$831K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Parallax Volatility Advisers
San Francisco,
California
| – | -$61K | -714 | Closed |
|
|
GEA
102
Glen Eagle Advisors
Kingston,
New Jersey
| – | -$9.46K | -110 | Closed |
|
|
EWM
103
Evercore Wealth Management
New York
| – | -$4K | -50 | Closed |
|
NVEC Hedge Fund Activity: Q1 2018 in Review
94 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in NVE Corp (NVEC) for Q1 2018, worth a combined $303M — down 4.8% from $318M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NVEC and 8 opened new positions — a net loss of 1 holder — while 33 trimmed existing stakes and 31 added.
The largest buyer was Ranger Investment Management, opening a new position worth an estimated $2M. The largest seller was Wellington Management Group, cutting an estimated $2.9M.
- 94 institutional investors held NVE Corp (NVEC) as of Q1 2018, down from 96 in Q4 2017.
- Funds reported $303M of NVE Corp stock for Q1 2018, down 4.8% quarter-over-quarter.
- 8 funds opened new NVE Corp positions in Q1 2018 and 9 closed out, a net change of -1 holder.
- The largest NVE Corp buyer in Q1 2018 was Ranger Investment Management, an estimated $2M added.
- The largest NVE Corp seller in Q1 2018 was Wellington Management Group, an estimated $2.9M sold.
Based on aggregated 13F filings for Q1 2018.