Nuvei Corporation Subordinate Voting Shares
NVEI
NVEI was delisted on the 15th of November, 2024.
125 hedge funds and large institutions have $471M invested in Nuvei Corporation Subordinate Voting Shares in 2023 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 49 increasing their positions, 40 reducing their positions, and 22 closing their positions.
151% more call options, than puts
Call options by funds: $10.6M | Put options by funds: $4.21M
23% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 40
9% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 22
1% more funds holding
Funds holding: 124 → 125 (+1)
8.77% less ownership
Funds ownership: 58.69% → 49.92% (-8.8%)
56% less capital invested
Capital invested by funds: $1.07B → $471M (-$601M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$22.5M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$20.1M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$18.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$18.3M |
| 5 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$14.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$164M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$63.9M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$31.4M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$25.3M |
| 5 |
ACL
Azora Capital LP
Miami,
Florida
|
-$11.2M |
NVEI Hedge Fund Activity: Q3 2023 in Review
125 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Nuvei Corporation Subordinate Voting Shares (NVEI) for Q3 2023, worth a combined $471M — down 56% from $1.07B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new NVEI positions and 22 closed out — a net gain of 2 holders — while 49 added to existing stakes and 40 trimmed.
The largest buyer was BlackRock, adding an estimated $22.5M. The largest seller was Fidelity Investments, cutting an estimated $164M.
- 125 institutional investors held Nuvei Corporation Subordinate Voting Shares (NVEI) as of Q3 2023, up from 124 in Q2 2023.
- Funds reported $471M of Nuvei Corporation Subordinate Voting Shares stock for Q3 2023, down 56% quarter-over-quarter.
- 24 funds opened new Nuvei Corporation Subordinate Voting Shares positions in Q3 2023 and 22 closed out, a net change of +2 holders.
- The largest Nuvei Corporation Subordinate Voting Shares buyer in Q3 2023 was BlackRock, an estimated $22.5M added.
- The largest Nuvei Corporation Subordinate Voting Shares seller in Q3 2023 was Fidelity Investments, an estimated $164M sold.
Based on aggregated 13F filings for Q3 2023.