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NVEI

Nuvei Corporation Subordinate Voting Shares

Delisted

NVEI was delisted on the 15th of November, 2024.

124 hedge funds and large institutions have $1.07B invested in Nuvei Corporation Subordinate Voting Shares in 2023 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 44 increasing their positions, 49 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more call options, than puts

Call options by funds: $9.31M | Put options by funds: $8.61M

4% less funds holding

Funds holding: 129124 (-5)

10% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 49

19% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 26

35% less capital invested

Capital invested by funds: $1.66B → $1.07B (-$590M)

Holders
124
Holders Change
-5
Holders Change %
-3.88%
% of All Funds
1.95%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
21
Increased
44
Reduced
49
Closed
26
Calls
$9.31M
Puts
$8.61M
Net Calls
+$699K
Net Calls Change
-$4.96M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$213M +$86M +2,438,711 +51%
Wellington Management Group
2
Wellington Management Group
Massachusetts
$200M +$21.8M +617,358 +10%
Manulife (Manufacturers Life Insurance)
3
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$83.1M +$10.9M +309,651 +12%
Vanguard Group
4
Vanguard Group
Pennsylvania
$65.9M +$723K +20,504 +0.9%
Massachusetts Financial Services
5
Massachusetts Financial Services
Massachusetts
$48.8M +$4.85M +137,485 +9%
Bank of Montreal
6
Bank of Montreal
Ontario, Canada
$35.8M +$15.1M +427,222 +54%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$33.5M -$9.56M -271,279 -19%
Connor, Clark & Lunn Investment Management (CC&L)
8
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$31.4M -$9.73M -276,025 -21%
Adage Capital Partners
9
Adage Capital Partners
Massachusetts
$29M -$7.04M -199,766 -17%
Citadel Advisors
10
Citadel Advisors
Florida
$24.8M +$29.6M +839,929 New
ICM
11
Invenomic Capital Management
Massachusetts
$16.5M +$1.57M +44,433 +9%
SIG
12
Senator Investment Group
New York
$16.3M -$17.6M -500,000 -48%
GCC
13
Guardian Capital (Canada)
Ontario, Canada
$15.6M +$5.47M +155,045 +42%
CAM
14
Cidel Asset Management
Ontario, Canada
$15.3M -$665K -18,870 -4%
Jane Street
15
Jane Street
New York
$14.9M +$16.3M +463,265 +1,108%
National Bank of Canada
16
National Bank of Canada
Quebec, Canada
$11.7M -$11.7M -331,280 -46%
ACL
17
Azora Capital LP
Florida
$11.2M +$13M +370,170 +3,568%
Mackenzie Financial
18
Mackenzie Financial
Ontario, Canada
$11.1M -$8.06M -228,641 -38%
TD Asset Management
19
TD Asset Management
Ontario, Canada
$10.9M -$1.33M -37,733 -9%
Point72 Asset Management
20
Point72 Asset Management
Connecticut
$9.68M +$11.5M +327,340 New
DMIC
21
Dixon Mitchell Investment Counsel
British Columbia, Canada
$8.43M +$6.32M +179,434 +169%
Legal & General Group
22
Legal & General Group
United Kingdom
$8.26M -$891K -25,283 -8%
JP Morgan Chase
23
JP Morgan Chase
New York
$8.13M -$363K -10,289 -4%
CI Investments Inc
24
CI Investments Inc
Ontario, Canada
$8.03M -$4.9M -138,979 -34%
Geode Capital Management
25
Geode Capital Management
Massachusetts
$7.58M +$107K +3,041 +1%

NVEI Hedge Fund Activity: Q2 2023 in Review

124 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Nuvei Corporation Subordinate Voting Shares (NVEI) for Q2 2023, worth a combined $1.07B — down 35% from $1.66B a quarter earlier.

Sellers outnumbered buyers: 26 funds closed out of NVEI and 21 opened new positions — a net loss of 5 holders — while 49 trimmed existing stakes and 44 added.

The largest buyer was Fidelity Investments, adding an estimated $86M. The largest seller was Capital International Investors, exiting entirely with an estimated $156M sold.

  • 124 institutional investors held Nuvei Corporation Subordinate Voting Shares (NVEI) as of Q2 2023, down from 129 in Q1 2023.
  • Funds reported $1.07B of Nuvei Corporation Subordinate Voting Shares stock for Q2 2023, down 35% quarter-over-quarter.
  • 21 funds opened new Nuvei Corporation Subordinate Voting Shares positions in Q2 2023 and 26 closed out, a net change of -5 holders.
  • The largest Nuvei Corporation Subordinate Voting Shares buyer in Q2 2023 was Fidelity Investments, an estimated $86M added.
  • The largest Nuvei Corporation Subordinate Voting Shares seller in Q2 2023 was Capital International Investors, an estimated $156M sold.

Based on aggregated 13F filings for Q2 2023.