NVE Corp
NVEC
110 hedge funds and large institutions have $299M invested in NVE Corp in 2023 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 43 increasing their positions, 25 reducing their positions, and 19 closing their positions.
72% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 25
58% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 19
29% more capital invested
Capital invested by funds: $232M → $299M (+$67.2M)
11% more funds holding
Funds holding: 99 → 110 (+11)
5.98% more ownership
Funds ownership: 57.53% → 63.51% (+6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$18.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$6.47M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$3.98M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$2.88M |
| 5 |
State Street
Boston,
Massachusetts
|
+$2.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.71M |
| 2 |
RA
Royce & Associates
New York
|
-$3.03M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.9M |
| 4 |
PMAM
Penn Mutual Asset Management
Conshohocken,
Pennsylvania
|
-$2.42M |
| 5 |
Jane Street
New York
|
-$2.3M |
NVEC Hedge Fund Activity: Q2 2023 in Review
110 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in NVE Corp (NVEC) for Q2 2023, worth a combined $299M — up 29% from $232M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new NVEC positions and 19 closed out — a net gain of 11 holders — while 43 added to existing stakes and 25 trimmed.
The largest buyer was BlackRock, adding an estimated $18.9M. The largest seller was Millennium Management, exiting entirely with an estimated $4.71M sold.
- 110 institutional investors held NVE Corp (NVEC) as of Q2 2023, up from 99 in Q1 2023.
- Funds reported $299M of NVE Corp stock for Q2 2023, up 29% quarter-over-quarter.
- 30 funds opened new NVE Corp positions in Q2 2023 and 19 closed out, a net change of +11 holders.
- The largest NVE Corp buyer in Q2 2023 was BlackRock, an estimated $18.9M added.
- The largest NVE Corp seller in Q2 2023 was Millennium Management, an estimated $4.71M sold.
Based on aggregated 13F filings for Q2 2023.