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NVEI

Nuvei Corporation Subordinate Voting Shares

Delisted

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 27 funds opening new positions, 51 increasing their positions, 40 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

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)

59% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 17

28% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 40

8% more funds holding

Funds holding: 119129 (+10)

Holders
129
Holders Change
+10
Holders Change %
+8.4%
% of All Funds
2.06%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
27
Increased
51
Reduced
40
Closed
17
Calls
$13.8M
Puts
$8.12M
Net Calls
+$5.66M
Net Calls Change
+$3.65M
Name Holding Trade Value Shares
Change
Change in
Stake
Wellington Management Group
1
Wellington Management Group
Massachusetts
$267M +$2.95M +84,499 +1%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$208M +$28.8M +824,991 +21%
Capital International Investors
3
Capital International Investors
California
$156M -$129M -3,701,517 -51%
Manulife (Manufacturers Life Insurance)
4
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$109M +$48.5M +1,391,969 +125%
Vanguard Group
5
Vanguard Group
Pennsylvania
$96.1M -$1.14M -32,665 -1%
Massachusetts Financial Services
6
Massachusetts Financial Services
Massachusetts
$65.9M +$148K +4,248 +0.3%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$61.2M -$90.3K -2,589 -0.2%
Connor, Clark & Lunn Investment Management (CC&L)
8
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$58.3M +$33.8M +970,685 +264%
Adage Capital Partners
9
Adage Capital Partners
Massachusetts
$51.3M -$7.41M -212,648 -15%
SIG
10
Senator Investment Group
New York
$45.7M +$36.6M +1,050,000 New
Bank of Montreal
11
Bank of Montreal
Ontario, Canada
$34.2M +$70.2K +2,013 +0.3%
National Bank of Canada
12
National Bank of Canada
Quebec, Canada
$31.5M +$4.15M +119,060 +20%
1832 Asset Management
13
1832 Asset Management
Ontario, Canada
$29M -$385K -11,050 -2%
Millennium Management
14
Millennium Management
New York
$27.3M +$21.4M +614,408 +5,044%
Mackenzie Financial
15
Mackenzie Financial
Ontario, Canada
$26.3M +$5.13M +147,190 +32%
CAM
16
Cidel Asset Management
Ontario, Canada
$23.4M +$465K +13,334 +3%
ICM
17
Invenomic Capital Management
Massachusetts
$22.3M +$1.54M +44,242 +9%
Two Sigma Investments
18
Two Sigma Investments
New York
$21.2M -$5.42M -155,531 -24%
SM
19
Sunriver Management
Connecticut
$18.2M +$10.1M +289,642 +227%
CI Investments Inc
20
CI Investments Inc
Ontario, Canada
$17.9M -$207K -5,948 -1%
TD Asset Management
21
TD Asset Management
Ontario, Canada
$17.6M +$4.54M +130,137 +47%
GCC
22
Guardian Capital (Canada)
Ontario, Canada
$16.2M -$2.14M -61,319 -14%
D.E. Shaw & Co
23
D.E. Shaw & Co
New York
$13.6M -$865K -24,800 -7%
Legal & General Group
24
Legal & General Group
United Kingdom
$13.3M +$981K +28,129 +10%
Two Sigma Advisers
25
Two Sigma Advisers
New York
$12.4M -$167K -4,800 -2%

NVEI Hedge Fund Activity: Q1 2023 in Review

129 of the 6,276 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: 27 funds opened new NVEI positions and 17 closed out — a net gain of 10 holders — while 51 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 119 in Q4 2022.
  • Funds reported $1.66B of Nuvei Corporation Subordinate Voting Shares stock for Q1 2023, up 67% quarter-over-quarter.
  • 27 funds opened new Nuvei Corporation Subordinate Voting Shares positions in Q1 2023 and 17 closed out, a net change of +10 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.