Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Novanta Inc (NOVT)

324 + 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
→ 0
Streak
1Q —
Buyers last Q
60%

Smart Money Signals — NOVT

Based on 327 hedge funds · latest filing: 2026 Q1 · updated quarterly

➡️

No change last quarter

last 6Q
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
327 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.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding NOVT is almost the same as a year ago (+7 funds, +2% change). No significant rush to buy or sell — institutional backing is holding steady.
🟢

More buyers than sellers — 60% buying

205 buying139 selling
Last quarter: 205 funds were net buyers (50 opened a brand new position + 155 added to an existing one). Only 139 were sellers (89 trimmed + 50 sold completely). A clear majority buying is a strong confirmation signal.
⚠️

Fewer new buyers each quarter (-33 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 47 → 46 → 83 → 50. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

56% of holders stayed for 2+ years

■ 56% conviction (2yr+) ■ 20% medium ■ 24% new
183 out of 327 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.
📈

Growing discovery — still being found

62 → 47 → 46 → 83 → 50 new funds/Q
New funds entering each quarter: 47 → 46 → 83 → 50. A growing number of institutions are discovering NOVT each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 62% veterans vs 29% newcomers

■ 62% veterans ■ 10% 1-2yr ■ 29% new
Entry-cohort mix of 335 holders: 207 (62%) are 2+ year veterans, 32 entered 1–2 years ago, and 96 (29%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 27% AUM from major funds

27% from top-100 AUM funds
50 of 323 holders rank in the top 100 by AUM, accounting for 27% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — 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 Q1, 205 hedge funds were net buyers of NOVT (50 opened a new position, 155 added to an existing one), while 139 reduced or exited (89 trimmed, 50 sold completely) — a 60% buyer ratio, indicating clear institutional accumulation. 27% of total institutional value in NOVT is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 327.

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

-- --

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

Is It Too Late to Buy Novanta Inc (NOVT) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NOVT has moved relative to its sector benchmark (XLK) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 79d ago
NOVT
+28.2%
XLK
+39.8%

NOVT outperformed XLK by -11.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
NOVT
-1.0%
XLK
+5.4%

Since the filing became public, NOVT outperformed XLK by -6.4% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

31 top-rated funds 0 high-conviction
Consensus
6.5
/ 10
breadth
×
Elite
1.8
/ 10
conviction
Hedge Fund Positioning: NOVT
324 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 324 327 -0.92%
13F Shares 40M 39M 2.91%
Total Value $4.38B $4.54B -3.38%
New Positions 49 83 -34
Increased Positions 153 126 +27
Closed Positions 52 67 -15
Reduced Positions 87 90 -3
Total Calls 5 2 150.0%
Total Puts 7 4 75.0%
PUT/CALL Ratio 1.4 2.0 Bearish

Statistics: NOVT

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Institutional Holders (2026 Q1)

324 + 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 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 ACK Asset Management LLC 5.53% 375,000 $44.3M
2 Telemark Asset Management, LLC 4.09% 375,000 $44.3M
3 Conestoga Capital Advisors, LLC 3.42% 1,449,815 $171.2M
4 Harvey Partners, LLC 3.01% 320,000 $37.8M
5 G2 Investment Partners Management LLC 2.50% 85,950 $10.2M
6 American Capital Management Inc 2.37% 373,874 $44.2M
7 Geneva Capital Management LLC 2.34% 931,270 $110.0M
8 Clearline Capital LP 1.74% 284,220 $33.6M
9 Summit Creek Advisors LLC 1.59% 65,404 $7.7M
10 SMA Capital LLC 1.56% 30,563 $3.6M
11 Aristotle Capital Boston, LLC 1.22% 165,939 $19.6M
12 Portman Square Capital LLP 1.05% 231,600 $27.4M
13 Greenhouse Funds LLLP 1.04% 196,628 $23.2M
14 Df Dent & Co Inc 0.88% 386,877 $45.7M
15 Granite Investment Partners, LLC 0.83% 114,234 $13.5M
16 Wasatch Advisors LP 0.78% 996,645 $117.7M
17 Congress Asset Management Co 0.77% 909,710 $107.4M
18 Osterweis Capital Management Inc 0.65% 107,050 $12.6M
19 Champlain Investment Partners, LLC 0.59% 392,117 $46.3M
20 HERALD INVESTMENT MANAGEMENT Ltd 0.47% 28,780 $3.4M
21 1492 Capital Management LLC 0.47% 10,493 $1.2M
22 Moody Aldrich Partners LLC 0.45% 21,213 $2.5M
23 Essex Investment Management Co LLC 0.39% 20,703 $2.4M
24 Mawer Investment Management Ltd. 0.37% 482,183 $57.0M
25 Allspring Global Investments Holdings, LLC 0.35% 1,776,694 $210.3M
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?

No change last quarter: The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

What is the institutional breadth score for NOVT?

More buyers than sellers — 60% buying: Last quarter: 205 funds were net buyers (50 opened a brand new position + 155 added to an existing one). Only 139 were sellers (89 trimmed + 50 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for NOVT holders?

Strong quality — 27% AUM from major funds: 50 of 323 holders rank in the top 100 by AUM, accounting for 27% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held NOVT?

56% of holders stayed for 2+ years: 183 out of 327 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.

Is it too late to buy Novanta Inc (NOVT) following the 2026 Q1 hedge fund 13F filings?

As of today, NOVT has moved -1.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.4% for the XLK sector ETF — an outperformance of -6.4%. Since the quarter end (March 31, 2026), NOVT has gained +28.2% vs +39.8% for XLK. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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