NVE Corp
NVEC
102 hedge funds and large institutions have $446M invested in NVE Corp in 2018 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 31 increasing their positions, 38 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
48% more capital invested
Capital invested by funds: $303M → $446M (+$144M)
9% more funds holding
Funds holding: 94 → 102 (+8)
0.75% more ownership
Funds ownership: 75.21% → 75.95% (+0.75%)
18% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$9.9M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$3.52M |
| 3 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$2.85M |
| 4 |
BlackRock
New York
|
+$1.92M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MPI
Mairs & Power Inc
St Paul,
Minnesota
|
-$8.74M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$4.32M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.06M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.41M |
| 5 |
Man Group
London,
United Kingdom
|
-$759K |
NVEC Hedge Fund Activity: Q2 2018 in Review
102 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in NVE Corp (NVEC) for Q2 2018, worth a combined $446M — up 48% from $303M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new NVEC positions and 5 closed out — a net gain of 8 holders — while 31 added to existing stakes and 38 trimmed.
The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $9.9M. The largest seller was Mairs & Power Inc, cutting an estimated $8.74M.
- 102 institutional investors held NVE Corp (NVEC) as of Q2 2018, up from 94 in Q1 2018.
- Funds reported $446M of NVE Corp stock for Q2 2018, up 48% quarter-over-quarter.
- 13 funds opened new NVE Corp positions in Q2 2018 and 5 closed out, a net change of +8 holders.
- The largest NVE Corp buyer in Q2 2018 was Kayne Anderson Rudnick Investment Management, an estimated $9.9M added.
- The largest NVE Corp seller in Q2 2018 was Mairs & Power Inc, an estimated $8.74M sold.
Based on aggregated 13F filings for Q2 2018.