Invitae Corporation
NVTA
NVTA was delisted on the 5th of February, 2024.
272 hedge funds and large institutions have $247M invested in Invitae Corporation in 2023 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 82 increasing their positions, 79 reducing their positions, and 35 closing their positions.
57% more call options, than puts
Call options by funds: $3.17M | Put options by funds: $2.02M
4% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 79
3% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 35
2% less funds holding
Funds holding: 277 → 272 (-5)
26% less capital invested
Capital invested by funds: $335M → $247M (-$87.9M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Deerfield Management
New York
|
+$18.3M |
| 2 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
+$8.39M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$2.27M |
| 4 |
Squarepoint
New York
|
+$1.98M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Casdin Capital
New York
|
-$15.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$8.38M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$2.67M |
| 4 |
BlackRock
New York
|
-$2.07M |
| 5 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$1.78M |
NVTA Hedge Fund Activity: Q1 2023 in Review
272 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Invitae Corporation (NVTA) for Q1 2023, worth a combined $247M — down 26% from $335M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new NVTA positions and 35 closed out — a net gain of 1 holder — while 82 added to existing stakes and 79 trimmed.
The largest buyer was Deerfield Management, opening a new position worth an estimated $18.3M. The largest seller was Casdin Capital, cutting an estimated $15.8M.
- 272 institutional investors held Invitae Corporation (NVTA) as of Q1 2023, down from 277 in Q4 2022.
- Funds reported $247M of Invitae Corporation stock for Q1 2023, down 26% quarter-over-quarter.
- 36 funds opened new Invitae Corporation positions in Q1 2023 and 35 closed out, a net change of +1 holder.
- The largest Invitae Corporation buyer in Q1 2023 was Deerfield Management, an estimated $18.3M added.
- The largest Invitae Corporation seller in Q1 2023 was Casdin Capital, an estimated $15.8M sold.
Based on aggregated 13F filings for Q1 2023.