Nova
NVMI
33 hedge funds and large institutions have $81.5M invested in Nova in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 7 closing their positions.
3% less capital invested
Capital invested by funds: $84.1M → $81.5M (-$2.59M)
6% less funds holding
Funds holding: 35 → 33 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
64% less call options, than puts
Call options by funds: $289K | Put options by funds: $792K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Sphera Funds Management
Tel Aviv,
Israel
|
+$2M |
| 2 |
Renaissance Technologies
New York
|
+$1.16M |
| 3 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
+$853K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$716K |
| 5 |
Morgan Stanley
New York
|
+$533K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Invicta Capital Management
New York
|
-$11M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$3.44M |
| 3 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
-$1.7M |
| 4 |
CSM
Central Square Management
Naperville,
Illinois
|
-$1.62M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
-$909K |
NVMI Hedge Fund Activity: Q1 2014 in Review
33 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Nova (NVMI) for Q1 2014, worth a combined $81.5M — down 3.1% from $84.1M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NVMI and 5 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 8 added.
The largest buyer was Sphera Funds Management, opening a new position worth an estimated $2M. The largest seller was Invicta Capital Management, cutting an estimated $11M.
- 33 institutional investors held Nova (NVMI) as of Q1 2014, down from 35 in Q4 2013.
- Funds reported $81.5M of Nova stock for Q1 2014, down 3.1% quarter-over-quarter.
- 5 funds opened new Nova positions in Q1 2014 and 7 closed out, a net change of -2 holders.
- The largest Nova buyer in Q1 2014 was Sphera Funds Management, an estimated $2M added.
- The largest Nova seller in Q1 2014 was Invicta Capital Management, an estimated $11M sold.
Based on aggregated 13F filings for Q1 2014.