Navigator Holdings
NVGS
75 hedge funds and large institutions have $475M invested in Navigator Holdings in 2018 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 26 reducing their positions, and 11 closing their positions.
5% more call options, than puts
Call options by funds: $1.53M | Put options by funds: $1.46M
0.3% more ownership
Funds ownership: 70.19% → 70.48% (+0.3%)
4% less capital invested
Capital invested by funds: $494M → $475M (-$19.5M)
5% less funds holding
Funds holding: 79 → 75 (-4)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
35% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 26
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GS
Gagnon Securities
New York
|
+$9.7M |
| 2 |
RA
Royce & Associates
New York
|
+$6.63M |
| 3 |
TCM
Trafelet Capital Management
New York
|
+$943K |
| 4 |
NIM
Needham Investment Management
New York
|
+$196K |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$192K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Emancipation Management
New York
|
-$3.24M |
| 2 |
JP Morgan Chase
New York
|
-$1.47M |
| 3 |
FIM
Frontier Investment Management
Dallas,
Texas
|
-$1.39M |
| 4 |
Renaissance Technologies
New York
|
-$1.26M |
| 5 |
SAM
Steinberg Asset Management
New York
|
-$1.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCP
76
GSA Capital Partners
London,
United Kingdom
| – | -$927K | -73,290 | Closed |
|
|
GBA
77
Garrison Bradford & Associates
New York
| – | -$505K | -39,900 | Closed |
|
78
Citadel Advisors
Miami,
Florida
| – | -$366K | -29,782 | Closed |
|
|
ARTA
79
A.R.T. Advisors
New York
| – | -$352K | -27,852 | Closed |
|
|
PP
80
Paloma Partners
Greenwich,
Connecticut
| – | -$150K | -11,863 | Closed |
|
81
Barclays
London,
United Kingdom
| – | -$134K | -10,563 | Closed |
|
|
VF
82
Virtu Financial
New York
| – | -$130K | -10,283 | Closed |
|
83
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$33K | -2,609 | Closed |
|
|
DAM
84
Delta Asset Management
Memphis,
Tennessee
| – | -$5K | -400 | Closed |
|
85
BlackRock
New York
| – | -$2K | -176 | Closed |
|
|
HNB
86
Huntington National Bank
Columbus,
Ohio
| – | +$12 | +1 | New |
|
NVGS Hedge Fund Activity: Q3 2018 in Review
75 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Navigator Holdings (NVGS) for Q3 2018, worth a combined $475M — down 3.9% from $494M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NVGS and 7 opened new positions — a net loss of 4 holders — while 26 trimmed existing stakes and 17 added.
The largest buyer was Gagnon Securities, opening a new position worth an estimated $9.7M. The largest seller was Emancipation Management, exiting entirely with an estimated $3.24M sold.
- 75 institutional investors held Navigator Holdings (NVGS) as of Q3 2018, down from 79 in Q2 2018.
- Funds reported $475M of Navigator Holdings stock for Q3 2018, down 3.9% quarter-over-quarter.
- 7 funds opened new Navigator Holdings positions in Q3 2018 and 11 closed out, a net change of -4 holders.
- The largest Navigator Holdings buyer in Q3 2018 was Gagnon Securities, an estimated $9.7M added.
- The largest Navigator Holdings seller in Q3 2018 was Emancipation Management, an estimated $3.24M sold.
Based on aggregated 13F filings for Q3 2018.