Nova
NVMI
93 hedge funds and large institutions have $592M invested in Nova in 2020 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 29 increasing their positions, 33 reducing their positions, and 12 closing their positions.
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
3.68% more ownership
Funds ownership: 60.89% → 64.58% (+3.7%)
0% more funds holding
Funds holding: 93 → 93 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less capital invested
Capital invested by funds: $644M → $592M (-$52.6M)
12% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 33
82% less call options, than puts
Call options by funds: $180K | Put options by funds: $980K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$61.4M |
| 2 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$13M |
| 3 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
+$7.78M |
| 4 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$2.89M |
| 5 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
+$2.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$13.9M |
| 2 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$9.96M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$6.46M |
| 4 |
Renaissance Technologies
New York
|
-$4.04M |
| 5 |
II
Ibex Investors
Denver,
Colorado
|
-$4.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ECM
101
ExodusPoint Capital Management
New York
| – | -$215K | -5,690 | Closed |
|
102
Group One Trading
Chicago,
Illinois
| – | -$89.4K | -2,451 | Closed |
|
103
Wells Fargo
San Francisco,
California
| – | -$5K | -134 | Closed |
|
104
AssetMark Inc
Concord,
California
| – | -$1K | -39 | Closed |
|
NVMI Hedge Fund Activity: Q1 2020 in Review
93 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Nova (NVMI) for Q1 2020, worth a combined $592M — down 8.2% from $644M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new NVMI positions and 12 closed out — a net gain of 2 holders — while 29 added to existing stakes and 33 trimmed.
The largest buyer was Wasatch Advisors, opening a new position worth an estimated $61.4M. The largest seller was Adage Capital Partners, cutting an estimated $13.9M.
- 93 institutional investors held Nova (NVMI) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $592M of Nova stock for Q1 2020, down 8.2% quarter-over-quarter.
- 14 funds opened new Nova positions in Q1 2020 and 12 closed out, a net change of +2 holders.
- The largest Nova buyer in Q1 2020 was Wasatch Advisors, an estimated $61.4M added.
- The largest Nova seller in Q1 2020 was Adage Capital Partners, an estimated $13.9M sold.
Based on aggregated 13F filings for Q1 2020.