Nuvei Corporation Subordinate Voting Shares
NVEI
NVEI was delisted on the 15th of November, 2024.
129 hedge funds and large institutions have $1.66B invested in Nuvei Corporation Subordinate Voting Shares in 2023 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 50 increasing their positions, 40 reducing their positions, and 17 closing their positions.
70% more call options, than puts
Call options by funds: $13.8M | Put options by funds: $8.12M
67% more capital invested
Capital invested by funds: $996M → $1.66B (+$666M)
65% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 17
25% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 40
9% more funds holding
Funds holding: 118 → 129 (+11)
1.73% less ownership
Funds ownership: 60.89% → 59.15% (-1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$48.5M |
| 2 |
SIG
Senator Investment Group
New York
|
+$36.6M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$33.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$28.8M |
| 5 |
Millennium Management
New York
|
+$21.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$129M |
| 2 |
Barclays
London,
United Kingdom
|
-$27.8M |
| 3 |
BAMCO Inc
New York
|
-$17.9M |
| 4 |
CII
Capital International Inc
Los Angeles,
California
|
-$15.9M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$14.2M |
NVEI Hedge Fund Activity: Q1 2023 in Review
129 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Nuvei Corporation Subordinate Voting Shares (NVEI) for Q1 2023, worth a combined $1.66B — up 67% from $996M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new NVEI positions and 17 closed out — a net gain of 11 holders — while 50 added to existing stakes and 40 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $48.5M. The largest seller was Capital International Investors, cutting an estimated $129M.
- 129 institutional investors held Nuvei Corporation Subordinate Voting Shares (NVEI) as of Q1 2023, up from 118 in Q4 2022.
- Funds reported $1.66B of Nuvei Corporation Subordinate Voting Shares stock for Q1 2023, up 67% quarter-over-quarter.
- 28 funds opened new Nuvei Corporation Subordinate Voting Shares positions in Q1 2023 and 17 closed out, a net change of +11 holders.
- The largest Nuvei Corporation Subordinate Voting Shares buyer in Q1 2023 was Manulife (Manufacturers Life Insurance), an estimated $48.5M added.
- The largest Nuvei Corporation Subordinate Voting Shares seller in Q1 2023 was Capital International Investors, an estimated $129M sold.
Based on aggregated 13F filings for Q1 2023.