Nova
NVMI
201 hedge funds and large institutions have $3.88B invested in Nova in 2024 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 63 increasing their positions, 71 reducing their positions, and 16 closing their positions.
200% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 16
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
29% more capital invested
Capital invested by funds: $3B → $3.88B (+$882M)
21% more call options, than puts
Call options by funds: $139M | Put options by funds: $115M
18% more funds holding
Funds holding: 170 → 201 (+31)
0.08% less ownership
Funds ownership: 75.86% → 75.78% (-0.08%)
11% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$76.5M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$43M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
+$34.4M |
| 4 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$32.4M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$32.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$79.2M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$79M |
| 3 |
Morgan Stanley
New York
|
-$29.6M |
| 4 |
Millennium Management
New York
|
-$21.5M |
| 5 |
SFM
Sphera Funds Management
Tel Aviv,
Israel
|
-$15.3M |
NVMI Hedge Fund Activity: Q1 2024 in Review
201 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Nova (NVMI) for Q1 2024, worth a combined $3.88B — up 29% from $3B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new NVMI positions and 16 closed out — a net gain of 32 holders — while 63 added to existing stakes and 71 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $76.5M. The largest seller was Adage Capital Partners, cutting an estimated $79.2M.
- 201 institutional investors held Nova (NVMI) as of Q1 2024, up from 170 in Q4 2023.
- Funds reported $3.88B of Nova stock for Q1 2024, up 29% quarter-over-quarter.
- 48 funds opened new Nova positions in Q1 2024 and 16 closed out, a net change of +32 holders.
- The largest Nova buyer in Q1 2024 was Fidelity Investments, an estimated $76.5M added.
- The largest Nova seller in Q1 2024 was Adage Capital Partners, an estimated $79.2M sold.
Based on aggregated 13F filings for Q1 2024.