Nuvei Corporation Subordinate Voting Shares
NVEI
NVEI was delisted on the 15th of November, 2024.
157 hedge funds and large institutions have $1.75B invested in Nuvei Corporation Subordinate Voting Shares in 2024 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 61 increasing their positions, 46 reducing their positions, and 24 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 46
13% more capital invested
Capital invested by funds: $1.56B → $1.75B (+$196M)
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
4.77% more ownership
Funds ownership: 75.97% → 80.73% (+4.8%)
5% less funds holding
Funds holding: 165 → 157 (-8)
33% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 24
50% less call options, than puts
Call options by funds: $2.06M | Put options by funds: $4.13M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$104M |
| 2 |
TAL
TIG Advisors LLC
New York
|
+$55.7M |
| 3 |
PAM
PSquared Asset Management
Zurich,
Switzerland
|
+$44.3M |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$30.2M |
| 5 |
Man Group
London,
United Kingdom
|
+$22.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
-$23.9M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$23M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$22.7M |
| 4 |
Millennium Management
New York
|
-$19.3M |
| 5 |
AGDI
Absolute Gestao de Investimentos
Sao Paulo,
Brazil
|
-$18.6M |
NVEI Hedge Fund Activity: Q3 2024 in Review
157 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Nuvei Corporation Subordinate Voting Shares (NVEI) for Q3 2024, worth a combined $1.75B — up 13% from $1.56B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of NVEI and 16 opened new positions — a net loss of 8 holders — while 46 trimmed existing stakes and 61 added.
The largest buyer was Fidelity International, adding an estimated $104M. The largest seller was Davidson Kempner Capital Management, exiting entirely with an estimated $23.9M sold.
- 157 institutional investors held Nuvei Corporation Subordinate Voting Shares (NVEI) as of Q3 2024, down from 165 in Q2 2024.
- Funds reported $1.75B of Nuvei Corporation Subordinate Voting Shares stock for Q3 2024, up 13% quarter-over-quarter.
- 16 funds opened new Nuvei Corporation Subordinate Voting Shares positions in Q3 2024 and 24 closed out, a net change of -8 holders.
- The largest Nuvei Corporation Subordinate Voting Shares buyer in Q3 2024 was Fidelity International, an estimated $104M added.
- The largest Nuvei Corporation Subordinate Voting Shares seller in Q3 2024 was Davidson Kempner Capital Management, an estimated $23.9M sold.
Based on aggregated 13F filings for Q3 2024.