Novavax Inc (NVAX) Hedge Fund Ownership (Q2 2026)

Novavax Inc (NVAX)

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

Smart Money Signals — NVAX

Based on 264 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q

For 2 consecutive quarters, more hedge funds added NVAX 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

264 hedge funds hold NVAX 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 NVAX is almost the same as a year ago (+2 funds, +1% change). No significant rush to buy or sell — institutional backing is holding steady.

🟡

Slight buying edge — 50% buying

132 buying132 selling

Last quarter: 132 funds bought or added vs 132 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

⚠️

Fewer new buyers each quarter (-11 vs last Q)

new funds entering per quarter

Funds opening this position for the first time: 44 → 37 → 55 → 44. 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.

🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 24% medium ■ 15% new

160 out of 264 hedge funds have held NVAX 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 +32% but shares only +2% — price-driven

Value

+32%

+2%

Last quarter: the total dollar value of institutional holdings rose +32%, but actual share count only changed +2%. 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

58 → 44 → 37 → 55 → 44 new funds/Q

New funds entering each quarter: 44 → 37 → 55 → 44. A growing number of institutions are discovering NVAX each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Veteran-anchored — 73% veterans vs 16% newcomers

■ 73% veterans ■ 11% 1-2yr ■ 16% new

Entry-cohort mix of 291 holders: 212 (73%) are 2+ year veterans, 33 entered 1–2 years ago, and 46 (16%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

🏆

Elite ownership — 58% AUM from top-100 funds

58% from top-100 AUM funds

49 of 260 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in NVAX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

3.5

out of 10

Low Exit Risk

Exit risk score 3.5/10 — 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.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	259	258	0.39%
13F Shares	130M	127M	2.1%
Total Value	$1.36B	$1.03B	32.22%
New Positions	44	55	-11
Increased Positions	82	72	+10
Closed Positions	39	39	-
Reduced Positions	84	76	+8
Total Calls	16	13	23.08%
Total Puts	15	14	7.14%
PUT/CALL Ratio	0.94	1.08	Neutral

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

259

258

0.39%

13F Shares

130M

127M

2.1%

Total Value

$1.36B

$1.03B

32.22%

New Positions

-11

Increased Positions

+10

Closed Positions

Reduced Positions

Total Calls

23.08%

Total Puts

7.14%

PUT/CALL Ratio

0.94

1.08

Neutral

Institutional Holders (2026 Q2)

259 + investors

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

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 NVAX holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Shah Capital Management	25.36%	14,165,577	$133.4M
2	Sanofi	12.14%	6,880,481	$64.8M
3	TSP Capital Management Group, LLC	3.20%	1,419,365	$13.4M
4	Ares Systematic Credit Ltd	0.46%	80,155	$755K
5	Monaco Asset Management SAM	0.43%	577,464	$5.4M
6	Graham Capital Management, L.P.	0.36%	2,086,600	$19.7M
7	Virtus Investment Advisers, LLC	0.29%	130,955	$1.2M
8	Headlands Technologies LLC	0.19%	190,547	$1.8M
9	Palumbo Wealth Management LLC	0.18%	92,947	$876K
10	Edgestream Partners, L.P.	0.16%	559,796	$5.3M
11	VARCOV Co.	0.11%	29,403	$277K
12	Coatue Management LLC	0.07%	3,836,986	$36.1M
13	Axq Capital, LP	0.07%	68,480	$645K
14	Jupiter Asset Management Ltd	0.05%	1,070,232	$10.1M
15	Aquatic Capital Management LLC	0.05%	153,665	$1.4M
16	Jump Financial, LLC	0.04%	511,742	$3.3M
17	Caitong International Asset Management Co., Ltd	0.04%	29,970	$282K
18	Summit Securities Group LLC	0.04%	40,000	$377K
19	Bridgefront Capital, LLC	0.03%	13,410	$126K
20	Atom Investors LP	0.03%	38,175	$360K
21	Algert Global LLC	0.03%	277,990	$2.6M
22	Abel Hall, LLC	0.03%	17,593	$166K
23	TigerOak Management, L.L.C.	0.03%	10,641	$100K
24	Beirne Wealth Consulting Services, LLC	0.03%	15,000	$141K
25	Two Sigma Investments, LP	0.03%	4,091,043	$38.5M

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 — Novavax Inc (NVAX)

What does the Smart Money Trend signal show for NVAX?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added NVAX 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 NVAX?

Slight buying edge — 50% buying: Last quarter: 132 funds bought or added vs 132 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for NVAX holders?

Elite ownership — 58% AUM from top-100 funds: 49 of 260 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in NVAX. 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 NVAX?

61% of holders stayed for 2+ years: 160 out of 264 hedge funds have held NVAX 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.

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Novavax Inc (NVAX)

Smart Money Signals — NVAX

Buying streak — 2 quarters in a row

At the ownership peak (100% of max)

Stable — ownership unchanged year-over-year

Slight buying edge — 50% buying

Fewer new buyers each quarter (-11 vs last Q)

61% of holders stayed for 2+ years

Value +32% but shares only +2% — price-driven

Growing discovery — still being found

Veteran-anchored — 73% veterans vs 16% newcomers

Elite ownership — 58% AUM from top-100 funds

Institutional Sentiment Summary — NVAX

Hedge Fund Ownership: NVAX

Market Analysis: NVAX

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: NVAX

Hedge Fund Positioning: NVAX

Statistics: NVAX

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Novavax Inc (NVAX)

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