NVE Corp
NVEC
93 hedge funds and large institutions have $240M invested in NVE Corp in 2021 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 22 increasing their positions, 40 reducing their positions, and 11 closing their positions.
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
24% more capital invested
Capital invested by funds: $193M → $240M (+$46.5M)
6% more funds holding
Funds holding: 88 → 93 (+5)
0.19% less ownership
Funds ownership: 71.14% → 70.95% (-0.19%)
45% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$11.8M |
| 2 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
+$8.07M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$4.16M |
| 4 |
Mitsubishi UFJ Asset Management
Tokyo,
Japan
|
+$1.1M |
| 5 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$386K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MPI
Mairs & Power Inc
St Paul,
Minnesota
|
-$7.82M |
| 2 |
Renaissance Technologies
New York
|
-$2.48M |
| 3 |
JP Morgan Chase
New York
|
-$1.61M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.59M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$1.53M |
NVEC Hedge Fund Activity: Q1 2021 in Review
93 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in NVE Corp (NVEC) for Q1 2021, worth a combined $240M — up 24% from $193M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new NVEC positions and 11 closed out — a net gain of 6 holders — while 22 added to existing stakes and 40 trimmed.
The largest buyer was Royce & Associates, adding an estimated $11.8M. The largest seller was Mairs & Power Inc, cutting an estimated $7.82M.
- 93 institutional investors held NVE Corp (NVEC) as of Q1 2021, up from 88 in Q4 2020.
- Funds reported $240M of NVE Corp stock for Q1 2021, up 24% quarter-over-quarter.
- 17 funds opened new NVE Corp positions in Q1 2021 and 11 closed out, a net change of +6 holders.
- The largest NVE Corp buyer in Q1 2021 was Royce & Associates, an estimated $11.8M added.
- The largest NVE Corp seller in Q1 2021 was Mairs & Power Inc, an estimated $7.82M sold.
Based on aggregated 13F filings for Q1 2021.