Navigator Holdings
NVGS
106 hedge funds and large institutions have $843M invested in Navigator Holdings in 2014 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 37 increasing their positions, 31 reducing their positions, and 28 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 31
11% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 28
0% more funds holding
Funds holding: 106 → 106 (0)
2.1% less ownership
Funds ownership: 74.41% → 72.31% (-2.1%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
26% less capital invested
Capital invested by funds: $1.15B → $843M (-$304M)
44% less call options, than puts
Call options by funds: $1.19M | Put options by funds: $2.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QF
QVT Financial
New York
|
+$22.7M |
| 2 |
SAM
Steinberg Asset Management
New York
|
+$15.5M |
| 3 |
PCM
Panning Capital Management
New York
|
+$9.06M |
| 4 |
OC
Oppenheimer & Co
New York
|
+$6.1M |
| 5 |
HBWM
Hollow Brook Wealth Management
Katonah,
New York
|
+$5.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$44M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$17.8M |
| 3 |
OMC
Overbrook Management Corp
New York
|
-$17M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$14.9M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$9.81M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AL
126
Airain Ltd
St. Peter Port,
Guernsey
| – | -$386K | -13,879 | Closed |
|
|
CAM
127
Cortina Asset Management
Milwaukee,
Wisconsin
| – | -$281K | -10,095 | Closed |
|
|
NCCM
128
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$267K | -9,600 | Closed |
|
|
CSS
129
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$163K | -5,863 | Closed |
|
|
WBC
130
Westpac Banking Corp
Sydney,
Australia
| – | -$91.6K | -3,290 | Closed |
|
|
SFU
131
Stonehage Fleming (UK)
London,
United Kingdom
| – | -$23K | -820 | Closed |
|
|
OA
132
OFI Advisors
Philadelphia,
Pennsylvania
| – | -$16K | -582 | Closed |
|
133
Envestnet Asset Management
Chicago,
Illinois
| – | -$1K | -35 | Closed |
|
|
BFA
134
BlackRock Fund Advisors
San Francisco,
California
| – | +$263 | +12 | New |
|
NVGS Hedge Fund Activity: Q4 2014 in Review
106 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Navigator Holdings (NVGS) for Q4 2014, worth a combined $843M — down 26% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new NVGS positions and 28 closed out — a net gain of 3 holders — while 37 added to existing stakes and 31 trimmed.
The largest buyer was QVT Financial, opening a new position worth an estimated $22.7M. The largest seller was Fidelity Investments, exiting entirely with an estimated $44M sold.
- 106 institutional investors held Navigator Holdings (NVGS) as of Q4 2014, unchanged from Q3 2014.
- Funds reported $843M of Navigator Holdings stock for Q4 2014, down 26% quarter-over-quarter.
- 31 funds opened new Navigator Holdings positions in Q4 2014 and 28 closed out, a net change of +3 holders.
- The largest Navigator Holdings buyer in Q4 2014 was QVT Financial, an estimated $22.7M added.
- The largest Navigator Holdings seller in Q4 2014 was Fidelity Investments, an estimated $44M sold.
Based on aggregated 13F filings for Q4 2014.