NVE Corp
NVEC
96 hedge funds and large institutions have $227M invested in NVE Corp in 2019 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 40 increasing their positions, 29 reducing their positions, and 14 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 29
2% less funds holding
Funds holding: 98 → 96 (-2)
3.78% less ownership
Funds ownership: 74.34% → 70.56% (-3.8%)
10% less capital invested
Capital invested by funds: $251M → $227M (-$23.9M)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$5.03M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$3.07M |
| 3 |
Millennium Management
New York
|
+$2.98M |
| 4 |
Renaissance Technologies
New York
|
+$2.68M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$2.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
-$22.6M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$15.1M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.44M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.68M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$763K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
101
Guggenheim Capital
Chicago,
Illinois
| – | -$431K | -6,192 | Closed |
|
|
PPA
102
Parametric Portfolio Associates
Seattle,
Washington
| – | -$351K | -5,047 | Closed |
|
|
TC
103
TownSquare Capital
Provo,
Utah
| – | -$282K | -4,216 | Closed |
|
|
OSAM
104
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$106K | -1,534 | Closed |
|
105
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$72K | -1,049 | Closed |
|
|
GT
106
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$14 | -215 | Closed |
|
|
MAM
107
Meeder Asset Management
Dublin,
Ohio
| – | -$11K | -157 | Closed |
|
108
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$4K | -54 | Closed |
|
|
SMFS
109
Squar Milner Financial Services
Irvine,
California
| – | -$4K | -51 | Closed |
|
|
CFGS
110
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$3.41K | -50 | Closed |
|
NVEC Hedge Fund Activity: Q3 2019 in Review
96 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in NVE Corp (NVEC) for Q3 2019, worth a combined $227M — down 9.5% from $251M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of NVEC and 12 opened new positions — a net loss of 2 holders — while 29 trimmed existing stakes and 40 added.
The largest buyer was Russell Investments Group, opening a new position worth an estimated $5.03M. The largest seller was Conestoga Capital Advisors, exiting entirely with an estimated $22.6M sold.
- 96 institutional investors held NVE Corp (NVEC) as of Q3 2019, down from 98 in Q2 2019.
- Funds reported $227M of NVE Corp stock for Q3 2019, down 9.5% quarter-over-quarter.
- 12 funds opened new NVE Corp positions in Q3 2019 and 14 closed out, a net change of -2 holders.
- The largest NVE Corp buyer in Q3 2019 was Russell Investments Group, an estimated $5.03M added.
- The largest NVE Corp seller in Q3 2019 was Conestoga Capital Advisors, an estimated $22.6M sold.
Based on aggregated 13F filings for Q3 2019.