NVE Corp
NVEC
95 hedge funds and large institutions have $176M invested in NVE Corp in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 37 increasing their positions, 35 reducing their positions, and 14 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 35
0.81% less ownership
Funds ownership: 70.44% → 69.63% (-0.81%)
6% less funds holding
Funds holding: 101 → 95 (-6)
28% less capital invested
Capital invested by funds: $244M → $176M (-$68.2M)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$1.57M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.51M |
| 3 |
AI
Atom Investors
Austin,
Texas
|
+$1.17M |
| 4 |
RhumbLine Advisers
Boston,
Massachusetts
|
+$1.06M |
| 5 |
MPI
Mairs & Power Inc
St Paul,
Minnesota
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.52M |
| 2 |
Two Sigma Investments
New York
|
-$1.4M |
| 3 |
PC
Port Capital
Chicago,
Illinois
|
-$1.23M |
| 4 |
JP Morgan Chase
New York
|
-$911K |
| 5 |
Morgan Stanley
New York
|
-$759K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Neuberger Berman Group
New York
| – | -$229K | -3,213 | Closed |
|
|
AG
102
Aperio Group
Sausalito,
California
| – | -$229K | -3,205 | Closed |
|
103
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$216K | -3,026 | Closed |
|
|
TC
104
TownSquare Capital
Provo,
Utah
| – | -$187K | -2,620 | Closed |
|
|
TRCT
105
Tower Research Capital (TRC)
New York
| – | -$13K | -176 | Closed |
|
|
PA
106
PSI Advisors
Tampa,
Florida
| – | -$5K | -75 | Closed |
|
|
NFG
107
Next Financial Group
Houston,
Texas
| – | -$3K | -38 | Closed |
|
NVEC Hedge Fund Activity: Q1 2020 in Review
95 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in NVE Corp (NVEC) for Q1 2020, worth a combined $176M — down 28% from $244M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of NVEC and 10 opened new positions — a net loss of 4 holders — while 35 trimmed existing stakes and 37 added.
The largest buyer was State Street, adding an estimated $1.57M. The largest seller was Fidelity Investments, cutting an estimated $1.52M.
- 95 institutional investors held NVE Corp (NVEC) as of Q1 2020, down from 101 in Q4 2019.
- Funds reported $176M of NVE Corp stock for Q1 2020, down 28% quarter-over-quarter.
- 10 funds opened new NVE Corp positions in Q1 2020 and 14 closed out, a net change of -4 holders.
- The largest NVE Corp buyer in Q1 2020 was State Street, an estimated $1.57M added.
- The largest NVE Corp seller in Q1 2020 was Fidelity Investments, an estimated $1.52M sold.
Based on aggregated 13F filings for Q1 2020.