Nova
NVMI
104 hedge funds and large institutions have $820M invested in Nova in 2020 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 27 increasing their positions, 43 reducing their positions, and 8 closing their positions.
311% more call options, than puts
Call options by funds: $9.41M | Put options by funds: $2.29M
150% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 8
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
39% more capital invested
Capital invested by funds: $592M → $820M (+$229M)
12% more funds holding
Funds holding: 93 → 104 (+11)
3.86% less ownership
Funds ownership: 64.58% → 60.71% (-3.9%)
37% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$6.38M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.19M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$3.46M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$2.84M |
| 5 |
Morgan Stanley
New York
|
+$2.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$14.1M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$10.1M |
| 3 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$8.63M |
| 4 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$5.61M |
| 5 |
RA
Royce & Associates
New York
|
-$4.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GT
101
Glenmede Trust
Philadelphia,
Pennsylvania
| $2K | – | – | – |
|
|
IFAM
102
Institutional & Family Asset Management
Fort Collins,
Colorado
| $2K | +$1.7K | +40 | New |
|
|
APA
103
American Portfolios Advisors
Holbrook,
New York
| $916 | – | – | – |
|
|
OC
104
Oppenheimer & Co
New York
| – | -$3.33M | -101,959 | Closed |
|
105
Calamos Advisors
Naperville,
Illinois
| – | -$730K | -22,363 | Closed |
|
|
PI
106
PEAK6 Investments
Chicago,
Illinois
| – | -$776K | -18,271 | Closed |
|
107
Millennium Management
New York
| – | -$280K | -8,566 | Closed |
|
|
SGAM
108
Smith Group Asset Management
Dallas,
Texas
| – | -$233K | -7,151 | Closed |
|
|
ASN
109
Advisory Services Network
Atlanta,
Georgia
| – | -$66K | -2,003 | Closed |
|
110
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
| – | -$65K | -2,000 | Closed |
|
|
FGAM
111
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$3.53K | -200 | Closed |
|
NVMI Hedge Fund Activity: Q2 2020 in Review
104 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Nova (NVMI) for Q2 2020, worth a combined $820M — up 39% from $592M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new NVMI positions and 8 closed out — a net gain of 12 holders — while 27 added to existing stakes and 43 trimmed.
The largest buyer was Invesco, opening a new position worth an estimated $6.38M. The largest seller was Adage Capital Partners, cutting an estimated $14.1M.
- 104 institutional investors held Nova (NVMI) as of Q2 2020, up from 93 in Q1 2020.
- Funds reported $820M of Nova stock for Q2 2020, up 39% quarter-over-quarter.
- 20 funds opened new Nova positions in Q2 2020 and 8 closed out, a net change of +12 holders.
- The largest Nova buyer in Q2 2020 was Invesco, an estimated $6.38M added.
- The largest Nova seller in Q2 2020 was Adage Capital Partners, an estimated $14.1M sold.
Based on aggregated 13F filings for Q2 2020.