Innovex International

INVX • XNYS

Innovex International is a oil & gas field machinery & equipment company on XNYS, led by Kendal Reed, with a market cap of $1.6B. As of Q3 2025, 61% of shares are held by 172 institutional investors, with BRANDES INVESTMENT PARTNERS, LP as the largest holder at 11.13%.

Chief Executive OfficerKendal Reed

Market Cap$1.6B

OIL & GAS FIELD MACHINERY & EQUIPMENT

Websiteinnovex-inc.com

Overview

Overview of institutional ownership in INVX as of Q3 2025 with a market cap of $1.3B

All Institutions

Institutions: 172
Value Held: $773.1M
Shares Held: 41.7M
Avg Position: $4.5M
Median Position: $413.2K

Hedge Funds

Hedge Funds: 16
Value Held: $14.9M
Shares Held: 803.7K
Avg Position: $930.7K
Median Position: $635.1K

Ownership Breakdown

Institutional (non-HF)

59.46%

$758.2M

Hedge Funds

1.17%

$14.9M

Retail & Other

39.37%

$502.1M

Based on market cap of $1.3B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in INVX as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BRANDES INVESTMENT PARTNERS, LP Long Only Manager	Oliver Michael Murray CEO	$142.0M 1.14% of portfolio	11.13% 7.7M shares	Q3 2024 Held for 1y 2m	$12.5B
B BlackRock, Inc. Institution	-	$109.0M 0.00% of portfolio	8.55% 5.9M shares	Q3 2024 Held for 1y 2m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$88.9M 0.00% of portfolio	6.97% 4.8M shares	Q3 2024 Held for 1y 2m	$6.69T
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Jean Marie Hynes CEO	$45.1M 0.01% of portfolio	3.54% 2.4M shares	Q4 2024 Held for 11 months	$571.21B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$39.9M 0.01% of portfolio	3.13% 2.2M shares	Q3 2024 Held for 1y 2m	$466.32B
G GAMCO INVESTORS, INC. ET AL Institution	-	$37.7M 0.37% of portfolio	2.96% 2.0M shares	Q3 2024 Held for 1y 2m	$10.3B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$29.5M 0.00% of portfolio	2.31% 1.6M shares	Q3 2024 Held for 1y 2m	$2.88T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$17.1M 0.00% of portfolio	1.34% 919.6K shares	Q3 2024 Held for 1y 2m	$1.57T
MetLife Investment Advisors, LLC Insurance Manager	Brian D Funk President	$15.0M 0.07% of portfolio	1.17% 807.9K shares	Q3 2024 Held for 1y 2m	$20.7B
N Neuberger Berman Group LLC Institution	-	$13.7M 0.01% of portfolio	1.08% 741.0K shares	Q4 2023 Held for 1y 11m	$136.94B

Net Capital Flow

Institutional buying and selling activity for INVX in Q3 2025

Traded: +$13.6M
Buyers: 94
Sellers: 72
Total Bought: +$73.6M
Total Sold: −$60.0M
Avg Position: $4.0M

Biggest Buyers

Institution	Net Bought	Current Position
WELLINGTON MANAGEMENT CO LLP Long Only Manager	+$15.5M +837.0K shares	$45.1M 2.4M shares
B BRANDES INVESTMENT PARTNERS, LP Long Only Manager	+$11.2M +602.7K shares	$142.0M 7.7M shares
N Nuveen, LLC Institution	+$6.3M +341.5K shares	$8.5M 459.6K shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	+$4.3M +230.4K shares	$39.9M 2.2M shares
MetLife Investment Advisors, LLC Insurance Manager	+$3.9M +210.9K shares	$15.0M 807.9K shares
H HEARTLAND ADVISORS INC Long Only Manager	+$3.7M +200.0K shares	$3.7M 200.0K shares
G GENDELL JEFFREY L Institution	+$2.9M +153.9K shares	$3.6M 193.2K shares
MORGAN STANLEY RIA/Wealth	+$2.4M +130.0K shares	$11.2M 606.7K shares
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	+$2.2M +116.9K shares	$8.5M 461.1K shares
F Fisher Asset Management, LLC Institution	+$1.7M +93.4K shares	$4.2M 228.9K shares

Biggest Sellers

Institution	Net Sold	Current Position
Madison Avenue Partners, LP Hedge Fund•Value	−$27.6M −1.8M shares	Sold Off 0 shares
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Long Only Manager	−$9.9M −533.0K shares	$12.3M 662.4K shares
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Long Only Manager	−$4.1M −219.5K shares	$10.4M 560.5K shares
AMERIPRISE FINANCIAL INC Institution	−$1.6M −88.1K shares	$4.2M 225.3K shares
VANGUARD GROUP INC Institution	−$1.5M −81.6K shares	$88.9M 4.8M shares
G GAMCO INVESTORS, INC. ET AL Institution	−$1.4M −73.0K shares	$37.7M 2.0M shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	−$1.1M −60.4K shares	$506.6K 27.3K shares
UBS Group AG Institution	−$1.1M −56.8K shares	$2.4M 131.6K shares
DEAN INVESTMENT ASSOCIATES, LLC Long Only Manager	−$1.0M −54.6K shares	$3.1M 169.2K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$901.8K −48.6K shares	$639.9K 34.5K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited INVX in Q3 2025

New Positions: 19
New Value: $8.1M
Exited Positions: 19
Exited Value: $30.6M

New Positions

Institution	Position Value
H HEARTLAND ADVISORS INC Long Only Manager	$3.7M 200.0K shares
F Freestone Grove Partners LP Hedge Fund•Multi-Strategy	$1.5M 81.8K shares
Burns Wealth Management, Inc. RIA/Wealth	$608.1K 32.8K shares
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$559.4K 30.2K shares
A ALPS ADVISORS INC ETF Provider	$508.7K 27.4K shares
Round Rock Advisors, LLC RIA/Wealth	$301.0K 14.7K shares
V VIRGINIA RETIREMENT SYSTEMS ET AL Institution	$226.2K 12.2K shares
OLD NATIONAL BANCORP /IN/ Institution	$217.1K 11.7K shares
Hennion & Walsh Asset Management, Inc. RIA/Wealth	$208.0K 11.2K shares
P Polymer Capital Management LLC Hedge Fund•Multi-Strategy	$196.7K 10.6K shares

Exited Positions

Institution	Previous Position
Madison Avenue Partners, LP Hedge Fund•Value	$27.6M 1.8M shares
R Robertson Stephens Wealth Management, LLC Institution	$832.7K 53.3K shares
Horizon Investments, LLC/SC Long Only Manager	$467.6K 29.9K shares
D D. E. Shaw & Co., Inc. Institution	$316.5K 20.3K shares
Centiva Capital, LP Hedge Fund•Multi-Strategy	$261.5K 16.7K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	$190.2K 12.2K shares
S SG Americas Securities, LLC Institution	$181.7K 11.6K shares
M Maryland State Retirement & Pension System Institution	$176.6K 11.3K shares
ING INVESTMENT MANAGEMENT LLC Insurance Manager	$174.0K 11.1K shares
C Campbell & CO Investment Adviser LLC Hedge Fund•Quant Macro	$170.6K 10.9K shares

Options Activity

Institutions with the largest Call and Put options positions in INVX as of Q3 2025

Call Positions: 3
Call Value: $580.3K
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$357.8K 193.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$216.9K 117.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$5.6K 3.0 contracts

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with INVX as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
INVESTMENT MANAGEMENT ASSOCIATES INC /ADV RIA/Wealth	Vitaliy N Katsenelson CEO	3.50% $11.8M	0.92% 634.1K shares	Q1 2025 Held for 8 months	$335.9M
A Acuitas Investments, LLC Fund of Funds	Lisa Marie Thenell COO	2.21% $3.4M	0.27% 185.4K shares	Q3 2024 Held for 1y 2m	$155.8M
L Lesa Sroufe & Co RIA/Wealth	Lesa Anne Sroufe President	2.11% $2.1M	0.17% 115.0K shares	Q1 2025 Held for 8 months	$100.9M
G GeoSphere Capital Management Hedge Fund•Long/Short	Arvind Singh Sanger CIO	1.42% $1.9M	0.15% 100.0K shares	Q4 2024 Held for 11 months	$131.0M
B BRANDES INVESTMENT PARTNERS, LP Long Only Manager	Oliver Michael Murray CEO	1.14% $142.0M	11.13% 7.7M shares	Q3 2024 Held for 1y 2m	$12.5B
Dean Capital Management Long Only Manager	Jessica Lynn Skinner CCO	1.01% $2.6M	0.20% 139.7K shares	Q3 2024 Held for 1y 2m	$256.5M
Bridge City Capital, LLC Long Only Manager	Alexander Jackson Woodward President	0.96% $3.6M	0.28% 193.3K shares	Q3 2024 Held for 1y 2m	$374.5M
O Oppenheimer & Close, LLC Institution	-	0.55% $821.8K	0.06% 44.3K shares	Q3 2024 Held for 1y 2m	$150.2M
D De Lisle Partners LLP Institution	-	0.50% $4.1M	0.32% 218.6K shares	Q3 2024 Held for 1y 2m	$815.6M
DEAN INVESTMENT ASSOCIATES, LLC Long Only Manager	Stephen Michael Miller CEO	0.44% $3.1M	0.25% 169.2K shares	Q3 2024 Held for 1y 2m	$713.0M

Hedge Fund Spotlight

Discover hedge funds investing in INVX

Freestone Grove Partners LP

Hedge Fund • Multi-Strategy

Portfolio ManagerTodd Keefe Barker

Portfolio Value: $13.5B
Positions: 680
Last Reported: Q3 2025

Sector Allocation

Position in Innovex International

Market Value: $1.5M
Shares Held: 81.8K
Portfolio Weight: 0.01%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Vanguard S&P 500 ETF VOO	ETF ETF	$828.1M	6.16%
2 iShares Core S&P 500 ETF IVV	ETF ETF	$201.2M	1.50%
3 Weyerhaeuser WY	REIT - Specialty Real Estate	$166.0M	1.23%