Nuvei Corporation Subordinate Voting Shares
NVEI
NVEI was delisted on the 15th of November, 2024.
127 hedge funds and large institutions have $1.5B invested in Nuvei Corporation Subordinate Voting Shares in 2022 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 49 increasing their positions, 37 reducing their positions, and 32 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 37
31% more call options, than puts
Call options by funds: $8.76M | Put options by funds: $6.69M
0.3% less ownership
Funds ownership: 63.51% → 63.22% (-0.3%)
9% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 32
4% less funds holding
Funds holding: 132 → 127 (-5)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
53% less capital invested
Capital invested by funds: $3.21B → $1.5B (-$1.71B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$49M |
| 2 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$18.5M |
| 3 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$11.1M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$11M |
| 5 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$9.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$32.1M |
| 2 |
ACL
Azora Capital LP
Miami,
Florida
|
-$31.4M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$28.8M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$26.5M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$20.5M |
NVEI Hedge Fund Activity: Q2 2022 in Review
127 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Nuvei Corporation Subordinate Voting Shares (NVEI) for Q2 2022, worth a combined $1.5B — down 53% from $3.21B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of NVEI and 29 opened new positions — a net loss of 3 holders — while 37 trimmed existing stakes and 49 added.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $49M. The largest seller was Fidelity International, exiting entirely with an estimated $32.1M sold.
- 127 institutional investors held Nuvei Corporation Subordinate Voting Shares (NVEI) as of Q2 2022, down from 132 in Q1 2022.
- Funds reported $1.5B of Nuvei Corporation Subordinate Voting Shares stock for Q2 2022, down 53% quarter-over-quarter.
- 29 funds opened new Nuvei Corporation Subordinate Voting Shares positions in Q2 2022 and 32 closed out, a net change of -3 holders.
- The largest Nuvei Corporation Subordinate Voting Shares buyer in Q2 2022 was Manulife (Manufacturers Life Insurance), an estimated $49M added.
- The largest Nuvei Corporation Subordinate Voting Shares seller in Q2 2022 was Fidelity International, an estimated $32.1M sold.
Based on aggregated 13F filings for Q2 2022.