Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Novanta Inc (NOVT)

381 + Investors. Track Smart Money conviction in NOVT. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +63
Streak
3Q ▲
Buyers last Q
63%

Smart Money Signals — NOVT

Based on 392 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added NOVT than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
392 hedge funds hold NOVT right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +21% more funds vs a year ago

fund count last 6Q
+68 new funds entered over the past year (+21% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 63% buying

245 buying143 selling
Last quarter: 245 funds were net buyers (94 opened a brand new position + 151 added to an existing one). Only 143 were sellers (112 trimmed + 31 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+44 vs last Q)

new funds entering per quarter
Funds opening a new NOVT position: 46 → 83 → 50 → 94. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

52% of holders stayed for 2+ years

■ 52% conviction (2yr+) ■ 20% medium ■ 28% new
205 out of 392 hedge funds have held NOVT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +59% but shares only +33% — price-driven

Value
+59%
Shares
+33%
Last quarter: the total dollar value of institutional holdings rose +59%, but actual share count only changed +33%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📈

Growing discovery — still being found

48 → 46 → 83 → 50 → 94 new funds/Q
New funds entering each quarter: 46 → 83 → 50 → 94. A growing number of institutions are discovering NOVT each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 58% veterans vs 30% newcomers

■ 58% veterans ■ 11% 1-2yr ■ 30% new
Entry-cohort mix of 402 holders: 235 (58%) are 2+ year veterans, 45 entered 1–2 years ago, and 122 (30%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 42% AUM from top-100 funds

42% from top-100 AUM funds
57 of 386 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in NOVT. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — NOVT

In 2026 Q2, 245 hedge funds were net buyers of NOVT (94 opened a new position, 151 added to an existing one), while 143 reduced or exited (112 trimmed, 31 sold completely) — a 63% buyer ratio, indicating clear institutional accumulation. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 42% of total institutional value in NOVT is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +63 funds (more new holders than closures). Total institutional holders: 392.

Hedge Fund Ownership: NOVT

How many hedge funds hold NOVT — quarterly history vs. share price
Quarterly hedge fund ownership of NOVT vs. share price

Market Analysis: NOVT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NOVT

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

19 top-rated funds 2 high-conviction
Consensus
5.6
/ 10
breadth
×
Elite
2.5
/ 10
conviction
Hedge Fund Positioning: NOVT
381 + Investors

Track Smart Money conviction in NOVT. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 381 329 15.81%
13F Shares 47M 41M 16.51%
Total Value $7.00B $4.42B 58.22%
New Positions 91 50 +41
Increased Positions 148 154 -6
Closed Positions 33 49 -16
Reduced Positions 107 90 +17
Total Calls 6 5 20.0%
Total Puts 10 7 42.86%
PUT/CALL Ratio 1.67 1.4 Bearish

Statistics: NOVT

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Financial Highlights

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Institutional Holders (2026 Q2)

381 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in NOVT. Verified SEC 13F-HR filings.

QUARTER:
Top 25 NOVT holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Telemark Asset Management, LLC 4.98% 425,000 $69.0M
2 Conestoga Capital Advisors, LLC 4.30% 1,217,963 $197.6M
3 Catawba River Capital 3.79% 52,245 $8.5M
4 Harvey Partners, LLC 3.27% 294,122 $47.7M
5 Greenhouse Funds LLLP 2.96% 356,787 $57.9M
6 Geneva Capital Management LLC 2.82% 758,878 $123.1M
7 American Capital Management Inc 2.64% 362,271 $58.8M
8 Summit Creek Advisors LLC 2.16% 39,140 $6.4M
9 Resolute Capital Asset Partners LLC 2.08% 30,000 $4.9M
10 Clearline Capital LP 2.06% 212,466 $34.5M
11 G2 Investment Partners Management LLC 1.94% 65,685 $10.7M
12 Tuttle Capital Management, LLC 1.62% 14,793 $2.4M
13 Aristotle Capital Boston, LLC 1.51% 139,009 $22.6M
14 Champlain Investment Partners, LLC 1.36% 326,007 $52.9M
15 Granite Investment Partners, LLC 1.34% 161,754 $26.2M
16 Df Dent & Co Inc 1.02% 332,049 $53.9M
17 Congress Asset Management Co 0.97% 973,767 $158.0M
18 Oberweis Asset Management Inc/ 0.82% 244,260 $39.6M
19 Wasatch Advisors LP 0.81% 759,992 $123.3M
20 Osterweis Capital Management Inc 0.80% 105,125 $17.1M
21 Daiwa Securities Group Inc. 0.68% 2,142,000 $347.5M
22 Mawer Investment Management Ltd. 0.65% 589,573 $95.7M
23 HERALD INVESTMENT MANAGEMENT Ltd 0.63% 28,780 $4.7M
24 Portman Square Capital LLP 0.57% 73,800 $12.0M
25 1492 Capital Management LLC 0.49% 10,324 $1.7M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Novanta Inc (NOVT)

What does the Smart Money Trend signal show for NOVT?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added NOVT than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for NOVT?

More buyers than sellers — 63% buying: Last quarter: 245 funds were net buyers (94 opened a brand new position + 151 added to an existing one). Only 143 were sellers (112 trimmed + 31 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for NOVT holders?

Elite ownership — 42% AUM from top-100 funds: 57 of 386 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in NOVT. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held NOVT?

52% of holders stayed for 2+ years: 205 out of 392 hedge funds have held NOVT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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