Novan, Inc.
Hedge Funds Holdings

Last updated:

Novan, Inc.‘s stocks are currently a part of 16 hedge funds’ portfolios, which represents 2.06% of the total amount of its stocks outstanding. This makes up a total of 454.27K shares of Novan, Inc.. Compared to the previous quarter, the number fell by -74.60% or -1.33M shares fewer. As for the holding position changes, 25% (4) of current hedge fund investors increased the number of shares held, 25% (4) of current holders sold a part of the shares held, and 12.5% (2) closed the holdings completely. 2 hedge funds are new holders of Novan, Inc. stock in Q1 2023, it is 12.5% of total holders.

Hedge funds holding Novan (Q2 2018 – Q1 2023)

Number of hedge funds
Q2 2018 24
Q3 2018 23
Q4 2018 21
Q1 2019 22
Q2 2019 19
Q3 2019 24
Q4 2019 21
Q1 2020 14
Q2 2020 20
Q3 2020 20
Q4 2020 23
Q1 2021 39
Q2 2021 33
Q3 2021 19
Q4 2021 26
Q1 2022 32
Q2 2022 22
Q3 2022 26
Q4 2022 28
Q1 2023 16

Hedge funds changes in Novan positions (Q2 2018 – Q1 2023)

Changes in positions
Q2 2018 47535
Q3 2018 35546
Q4 2018 25941
Q1 2019 63751
Q2 2019 4647-2
Q3 2019 710322
Q4 2019 3866-2
Q1 2020 74213-12
Q2 2020 10725-4
Q3 2020 7757-6
Q4 2020 10837-5
Q1 2021 23747-2
Q2 2021 320038-37
Q3 2021 45618-14
Q4 2021 13366-2
Q1 2022 12966-1
Q2 2022 32612-1
Q3 2022 104264
Q4 2022 104581
Q1 2023 24424

Hedge funds changes in Novan stock options (Q2 2018 – Q1 2023)

Changes in stock options
Q2 2018 0 0
Q3 2018 0 0
Q4 2018 0 0
Q1 2019 0 0
Q2 2019 0 0
Q3 2019 0 0
Q4 2019 0 0
Q1 2020 0 0
Q2 2020 0 0
Q3 2020 0 0
Q4 2020 0 0
Q1 2021 0 0
Q2 2021 0 0
Q3 2021 1,826,000 974,000
Q4 2021 465,000 323,000
Q1 2022 2,000 1,000
Q2 2022 4,000 0
Q3 2022 0 0
Q4 2022 0 0
Q1 2023 0 0

Top 50 hedge fund holders of Novan, Inc. (NASDAQ:NOVN)