Nova
NVMI
91 hedge funds and large institutions have $326M invested in Nova in 2017 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 24 increasing their positions, 31 reducing their positions, and 19 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
32% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 19
6.45% more ownership
Funds ownership: 38.98% → 45.43% (+6.5%)
6% more funds holding
Funds holding: 86 → 91 (+5)
3% less capital invested
Capital invested by funds: $337M → $326M (-$11.3M)
23% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 31
49% less call options, than puts
Call options by funds: $1.53M | Put options by funds: $3.01M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$27M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$10.7M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$10.1M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$3.21M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LP
LMR Partners
London,
United Kingdom
|
-$35.3M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$5.34M |
| 3 |
Millennium Management
New York
|
-$4.19M |
| 4 |
MWNA
Marshall Wace North America
New York
|
-$3.76M |
| 5 |
Morgan Stanley
New York
|
-$2.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LP
101
LMR Partners
London,
United Kingdom
| – | -$35.3M | -13,193 | Closed |
|
|
TI
102
Trexquant Investment
Stamford,
Connecticut
| – | -$210K | -7,468 | Closed |
|
|
DTL
103
Dynamic Technology Lab
Singapore
| – | -$206K | -7,320 | Closed |
|
104
Wolverine Trading
Chicago,
Illinois
| – | -$204K | -7,247 | Closed |
|
|
PG
105
PEAK6 Group
Chicago,
Illinois
| – | -$82.3K | -2,921 | Closed |
|
|
OAM
106
Oppenheimer Asset Management
New York
| – | -$69K | -2,443 | Closed |
|
|
FMA
107
FNY Managed Accounts
New York
| – | -$29K | -1,064 | Closed |
|
|
ACM
108
Aviance Capital Management
Sarasota,
Florida
| – | -$15K | -535 | Closed |
|
|
TDC
109
Thompson Davis & Co
Richmond,
Virginia
| – | -$8K | -300 | Closed |
|
|
GT
110
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$1K | -50 | Closed |
|
NVMI Hedge Fund Activity: Q4 2017 in Review
91 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Nova (NVMI) for Q4 2017, worth a combined $326M — down 3.3% from $337M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new NVMI positions and 19 closed out — a net gain of 6 holders — while 24 added to existing stakes and 31 trimmed.
The largest buyer was Harel Insurance Investments & Financial Services, opening a new position worth an estimated $27M. The largest seller was LMR Partners, exiting entirely with an estimated $35.3M sold.
- 91 institutional investors held Nova (NVMI) as of Q4 2017, up from 86 in Q3 2017.
- Funds reported $326M of Nova stock for Q4 2017, down 3.3% quarter-over-quarter.
- 25 funds opened new Nova positions in Q4 2017 and 19 closed out, a net change of +6 holders.
- The largest Nova buyer in Q4 2017 was Harel Insurance Investments & Financial Services, an estimated $27M added.
- The largest Nova seller in Q4 2017 was LMR Partners, an estimated $35.3M sold.
Based on aggregated 13F filings for Q4 2017.