NOVANTA INC NOVT
COM · Common Stock · CUSIP 67000B104 · ISIN CA67000B1040
- SectorIndustrials
- IndustryMiscellaneous Electrical Machinery, Equipment & Supplies
- HeadquartersBedford, MA
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.8m this quarter). Holder counts are more reliable. Shares outstanding: 35.8m as of 2023-08-01, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $184.05. Options: 4 managers hold calls ($2.3m notional), 4 hold puts ($1.2m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 255 |
| Q4 2022 | 256 |
| Q1 2023 | 252 |
| Q2 2023 | 259 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 125 | 113 |
| Q1 2023 | 128 | 110 |
| Q2 2023 | 112 | 117 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $1.7m | $428.0k | 0.25 |
| Q4 2022 | $625.0k | $611.4k | 0.98 |
| Q1 2023 | $859.1k | $15.9k | 0.02 |
| Q2 2023 | $2.3m | $1.2m | 0.52 |
Biggest buyers
| LORD, ABBETT & CO. LLC | New | +320.3k |
| VANGUARD GROUP INC | Added | +242.6k |
| FRED ALGER MANAGEMENT, LLC | Added | +80.6k |
| SANDLER CAPITAL MANAGEMENT | Added | +51.9k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +38.4k |
| BlackRock Inc. | Added | +37.4k |
| Invesco Ltd. | Added | +32.0k |
| MORGAN STANLEY | Added | +22.5k |
| Nuveen Asset Management, LLC | Added | +20.0k |
| MILLENNIUM MANAGEMENT LLC | Added | +18.0k |
Biggest sellers
| Champlain Investment Partners, LLC | Reduced | -158.3k |
| Conestoga Capital Advisors, LLC | Reduced | -153.2k |
| WASATCH ADVISORS LP | Reduced | -128.1k |
| FMR LLC | Reduced | -123.6k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Reduced | -76.8k |
| Allspring Global Investments Holdings, LLC | Reduced | -75.0k |
| FEDERATED HERMES, INC. | Reduced | -71.9k |
| Artisan Partners Limited Partnership | Reduced | -68.4k |
| AMERIPRISE FINANCIAL INC | Reduced | -68.0k |
| California Public Employees Retirement System | Reduced | -61.1k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $1.4m7.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $920.5k5.0k shares |
| PEAK6 Investments LLC | Reduced | $36.8k200 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $773.2k4.2k shares |
| PEAK6 Investments LLC | New | $368.2k2.0k shares |
| CITADEL ADVISORS LLC | Added | $55.2k300 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2026-07-30 | 13.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.0% |
| PRICE T ROWE ASSOCIATES INC /MD/ 13G · institution +3.5 pts · filed 2026-08-14 | 6.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.3% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 1 | $2.5m | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 3 | $5.6m | — |
| Q1 2023 | 0 | — | 3 | $4.9m | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.02% of their portfolio | 4.3m $785.2m | Added +37.4k |
| VANGUARD GROUP INC 0.02% of their portfolio | 3.7m $689.2m | Added +242.6k |
| Conestoga Capital Advisors, LLC 3.70% of their portfolio | 1.3m $232.8m | Reduced -153.2k |
| ALLIANCEBERNSTEIN L.P. 0.09% of their portfolio | 1.2m $229.7m | Reduced -59.8k |
| STATE STREET CORP 0.01% of their portfolio | 1.2m $217.0m | Added +1.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 1.1m $197.1m | Added +2.8k |
| Capital International Investors 0.05% of their portfolio | 1.0m $187.0m | Unchanged |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.58% of their portfolio | 983.0k $181.0m | Reduced -76.8k |
| NEUBERGER BERMAN GROUP LLC 0.16% of their portfolio | 946.1k $174.2m | Reduced -29.3k |
| Allspring Global Investments Holdings, LLC 0.27% of their portfolio | 930.0k $171.2m | Reduced -75.0k |
| WASATCH ADVISORS LP 1.01% of their portfolio | 910.5k $167.6m | Reduced -128.1k |
| MACQUARIE GROUP LTD 0.17% of their portfolio | 806.0k $148.4m | Added +13.9k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 740.0k $136.2m | Reduced -8.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 736.1k $135.5m | Added +38.4k |
| Artisan Partners Limited Partnership 0.20% of their portfolio | 690.7k $127.2m | Reduced -68.4k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 670.4k $123.4m | Reduced -7.4k |
| GENEVA CAPITAL MANAGEMENT LLC 2.38% of their portfolio | 654.7k $120.5m | Reduced -1.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 612.7k $112.8m | Added +16.2k |
| T. Rowe Price Investment Management, Inc. 0.08% of their portfolio | 599.9k $110.5m | Reduced -23.9k |
| Invesco Ltd. 0.03% of their portfolio | 595.5k $109.6m | Added +32.0k |
| FRED ALGER MANAGEMENT, LLC 0.55% of their portfolio | 584.7k $107.6m | Added +80.6k |
| Champlain Investment Partners, LLC 0.59% of their portfolio | 524.2k $96.5m | Reduced -158.3k |
| AXA S.A. 0.31% of their portfolio | 507.6k $93.4m | Reduced -17.7k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 474.6k $87.4m | Added +4.1k |
| GW&K Investment Management, LLC 0.71% of their portfolio | 405.4k $74.6m | Reduced -4.6k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 403.9k $74.4m | Added +13.0k |
| NORGES BANK 0.01% of their portfolio | 367.5k $67.7m | Added +13.2k |
| LOOMIS SAYLES & CO L P 0.10% of their portfolio | 347.9k $64.0m | Reduced -3.2k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 346.8k $63.8m | Reduced -1.6k |
| CREDIT SUISSE AG/ 0.06% of their portfolio | 336.9k $62.0m | Reduced -43.5k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 334.2k $61.5m | Reduced -68.0k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 327.8k $60.4m | Reduced -5.4k |
| FEDERATED HERMES, INC. 0.15% of their portfolio | 324.7k $59.8m | Reduced -71.9k |
| LORD, ABBETT & CO. LLC 0.10% of their portfolio | 320.3k $59.0m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 307.9k $56.7m | Added +191 |
| SEI INVESTMENTS CO 0.09% of their portfolio | 284.9k $52.4m | Reduced -25.9k |
| BLAIR WILLIAM & CO/IL 0.17% of their portfolio | 254.0k $46.8m | Reduced -11.7k |
| MORGAN STANLEY 0.00% of their portfolio | 200.1k $36.8m | Added +22.5k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 184.7k $34.0m | Reduced -14 |
| Aristotle Capital Boston, LLC 1.00% of their portfolio | 180.9k $33.3m | Added +2.2k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.15% of their portfolio | 173.6k $32.0m | Reduced -24.9k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 171.4k $31.6m | Added +20.0k |
| Legal & General Group Plc 0.01% of their portfolio | 167.6k $30.9m | Reduced -420 |
| PICTET ASSET MANAGEMENT SA 0.04% of their portfolio | 163.7k $30.1m | Reduced -633 |
| DekaBank Deutsche Girozentrale 0.06% of their portfolio | 157.5k $28.7m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 150.5k $27.7m | Reduced -13.3k |
| EXCHANGE TRADED CONCEPTS, LLC 0.65% of their portfolio | 144.4k $26.6m | Reduced -6.6k |
| Telemark Asset Management, LLC 3.60% of their portfolio | 144.0k $26.5m | Reduced -16.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 138.7k $25.5m | Reduced -2.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 132.3k $24.4m | Reduced -4.3k |
| EVENTIDE ASSET MANAGEMENT, LLC 0.39% of their portfolio | 126.0k $23.2m | Added +63 |
| FMR LLC 0.00% of their portfolio | 124.2k $22.9m | Reduced -123.6k |
| DF DENT & CO INC 0.31% of their portfolio | 123.8k $22.8m | Reduced -19.9k |
| SANDLER CAPITAL MANAGEMENT 2.53% of their portfolio | 112.1k $20.6m | Added +51.9k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 111.0k $20.4m | Reduced -449 |
| SEGALL BRYANT & HAMILL, LLC 0.19% of their portfolio | 98.9k $18.2m | Added +505 |
| BESSEMER GROUP INC 0.04% of their portfolio | 98.5k $18.1m | Added +7.0k |
| PUTNAM INVESTMENTS LLC 0.03% of their portfolio | 96.9k $17.8m | Added +8.4k |
| BAMCO INC /NY/ 0.04% of their portfolio | 81.0k $14.9m | Added +3.0k |
| Swiss National Bank 0.01% of their portfolio | 78.0k $14.4m | Added +1.0k |
| California Public Employees Retirement System 0.01% of their portfolio | 77.2k $14.2m | Reduced -61.1k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.08% of their portfolio | 70.9k $13.1m | Reduced -924 |
| Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio | 63.3k $11.6m | Added +201 |
| THAMES CAPITAL MANAGEMENT LLC 5.96% of their portfolio | 60.8k $11.2m | Unchanged |
| Ziegler Capital Management, LLC 0.42% of their portfolio | 60.4k $11.1m | Reduced -598 |
| WCM INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 54.7k $10.1m | Reduced -1.4k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 53.2k $9.8m | Reduced -17.9k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 47.3k $8.7m | Reduced -1.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 46.4k $8.5m | Added +3.9k |
| Retirement Systems of Alabama 0.04% of their portfolio | 46.1k $8.5m | Reduced -489 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 43.4k $8.0m | Reduced -3.6k |
| MARSICO CAPITAL MANAGEMENT LLC 0.31% of their portfolio | 42.5k $7.8m | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 42.1k $6.7m | Unchanged |
| MetLife Investment Management, LLC 0.05% of their portfolio | 39.6k $7.3m | Reduced -141 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 39.2k $7.2m | Reduced -800 |
| Moody Aldrich Partners LLC 1.20% of their portfolio | 33.5k $6.2m | Added +4.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 33.0k $6.1m | Added +10.0k |
| AXIOM INVESTORS LLC /DE 0.09% of their portfolio | 32.1k $5.9m | Added +5.4k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.05% of their portfolio | 31.5k $5.8m | Reduced -480 |
| NATIXIS ADVISORS, LLC 0.02% of their portfolio | 29.5k $5.4m | Added +2.0k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 28.9k $5.3m | Reduced -1.7k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 27.0k $5.0m | Reduced -2.6k |
| BARCLAYS PLC 0.00% of their portfolio | 26.8k $4.9m | Added +4.8k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 25.2k $4.6m | Reduced -26.3k |
| CITIGROUP INC 0.01% of their portfolio | 24.9k $4.6m | Added +13.3k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.07% of their portfolio | 24.4k $4.5m | Reduced -402 |
| AMALGAMATED BANK 0.03% of their portfolio | 23.4k $4.3m | Reduced -462 |
| ESSEX INVESTMENT MANAGEMENT CO LLC 0.56% of their portfolio | 21.6k $4.0m | Added +2.5k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 21.2k $3.9m | Added +386 |
| UBS Group AG 0.00% of their portfolio | 20.7k $3.8m | Added +10.2k |
| Aubrey Capital Management Ltd 2.42% of their portfolio | 20.0k $3.7m | Added +3.0k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 19.7k $3.6m | Added +18.0k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 18.9k $3.5m | Unchanged |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 17.5k $3.2m | Reduced -550 |
| LPL Financial LLC 0.00% of their portfolio | 17.5k $3.2m | Reduced -29 |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.03% of their portfolio | 17.3k $3.2m | Added +586 |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio | 17.3k $3.2m | Added +1.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 17.0k $3.1m | Reduced -8.0k |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 16.3k $3.0m | Added +2.7k |
| TD Asset Management Inc 0.00% of their portfolio | 14.3k $2.6m | Reduced -1.1k |