Novanta

NOVT • NASDAQ

Novanta is a hardware, equipment & parts company in the technology sector on NASDAQ, led by Matthijs Glastra, with a market cap of $4.3B. As of Q3 2025, 96% of shares are held by 310 institutional investors, with BlackRock, Inc. as the largest holder at 12.55%.

Chief Executive OfficerMatthijs Glastra

Market Cap$4.3B

Hardware, Equipment & Parts

Technology

Employees2.9K

Websitenovanta.com

Country

United States of America

Overview

Overview of institutional ownership in NOVT as of Q3 2025 with a market cap of $3.6B

All Institutions

Institutions: 310
Value Held: $3.5B
Shares Held: 34.7M
Avg Position: $11.2M
Median Position: $801.6K

Hedge Funds

Hedge Funds: 41
Value Held: $202.2M
Shares Held: 2.0M
Avg Position: $4.9M
Median Position: $2.8M

Ownership Breakdown

Institutional (non-HF)

90.74%

$3.3B

Hedge Funds

5.61%

$202.2M

Retail & Other

3.64%

$131.2M

Based on market cap of $3.6B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in NOVT as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$452.0M 0.01% of portfolio	12.55% 4.5M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$438.5M 0.01% of portfolio	12.17% 4.4M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
Conestoga Capital Advisors, LLC Long Only Manager	Joseph Francis Monahan Partner	$141.3M 2.27% of portfolio	3.92% 1.4M shares	Q2 2018 Held for 7y 5m	$6.2B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$130.8M 0.00% of portfolio	3.63% 1.3M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
GENEVA CAPITAL MANAGEMENT LTD/WI Long Only Manager	Jose Manuel Munoz Quiroga Managing Partner	$98.1M 1.68% of portfolio	2.72% 979.0K shares	Q1 2020 Held for 5y 8m	$5.8B
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$97.4M 0.01% of portfolio	2.70% 972.4K shares	Q4 2016 Held for 8y 11m	$912.31B
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Long Only Manager	Brent Walker Gledhill CEO	$96.2M 0.25% of portfolio	2.67% 960.6K shares	Q2 2018 Held for 7y 5m	$38.7B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$90.7M 0.01% of portfolio	2.52% 905.4K shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
WASATCH ADVISORS INC Long Only Manager	Michael Kenneth Yeates CEO	$83.3M 0.45% of portfolio	2.31% 831.8K shares	Q2 2019 Held for 6y 5m	$18.6B
Allspring Global Investments Holdings, LLC Long Only Manager	Francis Jon Baranko President	$80.2M 0.13% of portfolio	2.21% 795.4K shares	Q4 2021 Held for 3y 11m	$61.5B

Net Capital Flow

Institutional buying and selling activity for NOVT in Q3 2025

Traded: −$24.3M
Buyers: 156
Sellers: 170
Total Bought: +$405.8M
Total Sold: −$430.2M
Avg Position: $9.7M

Biggest Buyers

Institution	Net Bought	Current Position
CONGRESS ASSET MANAGEMENT CO /MA Long Only Manager	+$59.2M +590.6K shares	$59.2M 590.6K shares
Mawer Investment Management Ltd. Long Only Manager	+$35.9M +358.9K shares	$39.2M 391.1K shares
B BROWN ADVISORY INC RIA/Wealth	+$32.0M +319.9K shares	$54.1M 540.3K shares
BAMCO INC /NY/ Long Only Manager	+$31.6M +316.0K shares	$62.8M 627.1K shares
AMERICAN CAPITAL MANAGEMENT INC Long Only Manager	+$21.9M +218.9K shares	$21.9M 218.9K shares
UBS Group AG Institution	+$19.4M +193.5K shares	$21.4M 213.9K shares
VANGUARD GROUP INC Institution	+$19.4M +193.4K shares	$438.5M 4.4M shares
D D. E. Shaw & Co., Inc. Institution	+$11.8M +118.0K shares	$27.6M 275.4K shares
J JANE STREET GROUP, LLC Institution	+$10.1M +100.5K shares	$11.7M 116.8K shares
T Telemark Asset Management, LLC Hedge Fund•Long/Short	+$10.0M +100.0K shares	$25.0M 250.0K shares

Biggest Sellers

Institution	Net Sold	Current Position
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	−$90.0M −898.2K shares	$97.4M 972.4K shares
C Capital International Investors Institution	−$62.2M −620.8K shares	$13.5M 134.6K shares
A AXA Institution	−$43.7M −338.9K shares	Sold Off 0 shares
WASATCH ADVISORS INC Long Only Manager	−$26.9M −268.3K shares	$83.3M 831.8K shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	−$26.0M −259.4K shares	$10.3M 103.1K shares
T T. Rowe Price Investment Management, Inc. Insurance Manager	−$20.6M −205.6K shares	$23.6M 235.8K shares
Conestoga Capital Advisors, LLC Long Only Manager	−$16.9M −168.9K shares	$141.3M 1.4M shares
B BLAIR WILLIAM & CO/IL Institution	−$12.7M −126.9K shares	$13.3M 132.4K shares
Trexquant Investment LP Hedge Fund•Quant	−$11.0M −85.0K shares	Sold Off 0 shares
Allspring Global Investments Holdings, LLC Long Only Manager	−$10.1M −99.7K shares	$80.2M 795.4K shares

Entry and Exit Activity

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

New Positions: 24
New Value: $39.0M
Exited Positions: 48
Exited Value: $85.4M

New Positions

Institution	Position Value
AMERICAN CAPITAL MANAGEMENT INC Long Only Manager	$21.9M 218.9K shares
J J. Goldman & Co LP Hedge Fund•Multi-Strategy	$9.9M 99.2K shares
H Herald Investment Management Ltd Institution	$2.5M 25.0K shares
Morningstar Investment Management LLC Long Only Manager	$1.0M 10.1K shares
Cetera Investment Advisers RIA/Wealth	$999.4K 10.0K shares
F Freestone Grove Partners LP Hedge Fund•Multi-Strategy	$542.5K 5.4K shares
Gibbs Wealth Management RIA/Wealth	$526.5K 5.3K shares
ClearAlpha Technologies LP Hedge Fund•Multi-Strategy	$495.9K 5.0K shares
A AXQ CAPITAL, LP Hedge Fund•Market Neutral	$256.8K 2.6K shares
P Phoenix Holdings Ltd. Institution	$240.5K 2.4K shares

Exited Positions

Institution	Previous Position
A AXA Institution	$43.7M 338.9K shares
Trexquant Investment LP Hedge Fund•Quant	$11.0M 85.0K shares
Clearbridge Investments, LLC Long Only Manager	$8.9M 69.2K shares
R Roubaix Capital, LLC Hedge Fund•Long/Short	$5.7M 44.4K shares
AZZAD ASSET MANAGEMENT INC /ADV RIA/Wealth	$2.7M 20.8K shares
Symphony Financial, Ltd. Co. RIA/Wealth	$1.8M 14.2K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$1.8M 13.8K shares
Atika Capital Management LLC Hedge Fund•Long/Short	$1.4M 10.6K shares
Gotham Asset Management, LLC Hedge Fund•Long/Short	$1.4M 10.6K shares
ALGERT COLDIRON INVESTORS LLC Hedge Fund•Quant	$890.9K 6.9K shares

Options Activity

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

Call Positions: 4
Call Value: $390.6K
Put Positions: 4
Put Value: $1.9M

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$340.5K 34.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$30.0K 3.0 contracts
Walleye Trading LLC RIA/Wealth	$20.0K 2.0 contracts
W WOLVERINE TRADING, LLC Institution	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.1M 108.0 contracts
Walleye Trading LLC RIA/Wealth	$681.0K 68.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$110.2K 11.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	- - contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
T Telemark Asset Management, LLC Hedge Fund•Long/Short	Colin Mcnay President	2.38% $25.0M	0.69% 250.0K shares	Q2 2016 Held for 9y 5m	$1.1B
Conestoga Capital Advisors, LLC Long Only Manager	Joseph Francis Monahan Partner	2.27% $141.3M	3.92% 1.4M shares	Q2 2018 Held for 7y 5m	$6.2B
C Clearline Capital LP Hedge Fund•Event Driven	Mohit Bhasin CFO	1.98% $23.5M	0.65% 234.4K shares	Q1 2025 Held for 8 months	$1.2B
GENEVA CAPITAL MANAGEMENT LTD/WI Long Only Manager	Jose Manuel Munoz Quiroga Managing Partner	1.68% $98.1M	2.72% 979.0K shares	Q1 2020 Held for 5y 8m	$5.8B
ClearAlpha Technologies LP Hedge Fund•Multi-Strategy	Brian Keith Hurst CEO	1.34% $495.9K	0.01% 5.0K shares	Q3 2025 Held for 2 months	$36.9M
Advantage Alpha Capital Partners LP Hedge Fund•Market Neutral	Anthony Pir Brenner Chairman	1.01% $3.4M	0.09% 33.5K shares	Q3 2023 Held for 2y 2m	$331.9M
AMERICAN CAPITAL MANAGEMENT INC Long Only Manager	David Mark La Valle CEO	0.87% $21.9M	0.61% 218.9K shares	Q3 2025 Held for 2 months	$2.5B
THAMES CAPITAL MANAGEMENT LLC Hedge Fund•Long/Short	Jay Scott Genzer Managing Partner	0.77% $5.3M	0.15% 53.3K shares	Q4 2017 Held for 7y 11m	$696.8M
Aristotle Capital Boston, LLC Long Only Manager	David Michael Adams CEO	0.76% $14.9M	0.41% 148.9K shares	Q4 2014 Held for 10y 11m	$2.0B
S Summit Creek Advisors LLC Long Only Manager	Adam Nathan Benson Managing Partner	0.73% $5.0M	0.14% 50.0K shares	Q4 2024 Held for 11 months	$686.1M

Hedge Fund Spotlight

Discover hedge funds investing in NOVT

J. Goldman & Co LP

Hedge Fund • Multi-Strategy

Portfolio ManagerJay Glenn Goldman

Portfolio Value: $2.6B
Positions: 268
Last Reported: Q3 2025

Sector Allocation

Position in Novanta

Market Value: $9.9M
Shares Held: 99.2K
Portfolio Weight: 0.38%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Microsoft MSFT	Software - Infrastructure Technology	$110.0M	4.17%
2 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$81.8M	3.10%
3 SBA Communications SBAC	REIT - Specialty Real Estate	$62.2M	2.36%