Navigator Holdings
NVGS
73 hedge funds and large institutions have $471M invested in Navigator Holdings in 2018 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 20 reducing their positions, and 15 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 20
23% more capital invested
Capital invested by funds: $382M → $471M (+$89.3M)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
2.4% more ownership
Funds ownership: 69.78% → 72.18% (+2.4%)
4% less funds holding
Funds holding: 76 → 73 (-3)
12% less call options, than puts
Call options by funds: $656K | Put options by funds: $747K
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
Top Buyers
| 1 |
Bank of New York Mellon
New York
|
+$5.8M |
| 2 |
HK
Horizon Kinetics
New York
|
+$5.67M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$2.68M |
| 4 |
TCM
Trafelet Capital Management
New York
|
+$2.32M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.06M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Acadian Asset Management
Boston,
Massachusetts
| – | -$411K | -41,703 | Closed |
|
|
PP
77
Paloma Partners
Greenwich,
Connecticut
| – | -$394K | -40,000 | Closed |
|
78
Brown Advisory
Baltimore,
Maryland
| – | -$331K | -33,637 | Closed |
|
79
D.E. Shaw & Co
New York
| – | -$142K | -14,368 | Closed |
|
|
SQA
80
Simon Quick Advisors
Morristown,
New Jersey
| – | -$38K | -3,100 | Closed |
|
81
Group One Trading
Chicago,
Illinois
| – | -$33.4K | -2,900 | Closed |
|
|
CG
82
Cutler Group
San Francisco,
California
| – | -$20K | -2,069 | Closed |
|
|
PCM
83
Prelude Capital Management
New York
| – | -$14K | -1,397 | Closed |
|
84
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$12K | -1,200 | Closed |
|
85
Envestnet Asset Management
Chicago,
Illinois
| – | -$5K | -499 | Closed |
|
|
DCM
86
Delpha Capital Management
New York
| – | -$4K | -399 | Closed |
|
|
TDC
87
Thompson Davis & Co
Richmond,
Virginia
| – | -$2K | -250 | Closed |
|
|
CA
88
Calton & Associates
Tampa,
Florida
| – | -$1K | -160 | Closed |
|
NVGS Hedge Fund Activity: Q1 2018 in Review
73 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Navigator Holdings (NVGS) for Q1 2018, worth a combined $471M — up 23% from $382M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of NVGS and 12 opened new positions — a net loss of 3 holders — while 20 trimmed existing stakes and 26 added.
The largest buyer was Bank of New York Mellon, opening a new position worth an estimated $5.8M. The largest seller was Loeb Partners Corp, exiting entirely with an estimated $2.27M sold.
- 73 institutional investors held Navigator Holdings (NVGS) as of Q1 2018, down from 76 in Q4 2017.
- Funds reported $471M of Navigator Holdings stock for Q1 2018, up 23% quarter-over-quarter.
- 12 funds opened new Navigator Holdings positions in Q1 2018 and 15 closed out, a net change of -3 holders.
- The largest Navigator Holdings buyer in Q1 2018 was Bank of New York Mellon, an estimated $5.8M added.
- The largest Navigator Holdings seller in Q1 2018 was Loeb Partners Corp, an estimated $2.27M sold.
Based on aggregated 13F filings for Q1 2018.