Navigator Holdings

NVGS • NYSE

Navigator Holdings is a oil & gas midstream company in the energy sector on NYSE, led by Mads Peter Zacho, with a market cap of $1.1B. As of Q3 2025, 31% of shares are held by 136 institutional investors, with BlackRock, Inc. as the largest holder at 2.53%.

Chief Executive OfficerMads Peter Zacho

Market Cap$1.1B

Oil & Gas Midstream

Energy

Employees175.0

Websitenavigatorgas.com

Overview

Overview of institutional ownership in NVGS as of Q3 2025 with a market cap of $1.0B

All Institutions

Institutions: 136
Value Held: $317.2M
Shares Held: 20.5M
Avg Position: $2.3M
Median Position: $563.9K

Hedge Funds

Hedge Funds: 21
Value Held: $64.1M
Shares Held: 4.1M
Avg Position: $3.1M
Median Position: $834.3K

Ownership Breakdown

Institutional (non-HF)

24.38%

$253.1M

Hedge Funds

6.18%

$64.1M

Retail & Other

69.44%

$720.9M

Based on market cap of $1.0B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in NVGS as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$26.2M 0.00% of portfolio	2.53% 1.7M shares	Q3 2020 Held for 5y 2m	$5.67T
Encompass Capital Advisors LLC Hedge Fund•Long/Short	Todd Jason Kantor Managing Partner	$22.3M 1.00% of portfolio	2.14% 1.4M shares	Q2 2024 Held for 1y 5m	$2.2B
FIRST MANHATTAN CO Institution	Zachary A Wydra CEO	$17.3M 0.05% of portfolio	1.67% 1.1M shares	Q2 2014 Held for 11y 5m	$37.6B
R ROYCE & ASSOCIATES LLC Institution	-	$14.2M 0.14% of portfolio	1.37% 915.4K shares	Q2 2018 Held for 7y 5m	$10.0B
GAGNON SECURITIES LLC RIA/Wealth	Neil Joseph Gagnon CEO	$13.4M 2.72% of portfolio	1.29% 865.9K shares	Q1 2015 Held for 10y 8m	$493.8M
R ROBOTTI ROBERT Institution	-	$11.4M 1.94% of portfolio	1.10% 735.5K shares	Q2 2024 Held for 1y 5m	$585.9M
F First Eagle Investment Management, LLC Long Only Manager	Mehdi Asif Mahmud CEO	$10.8M 0.02% of portfolio	1.04% 697.1K shares	Q2 2021 Held for 4y 5m	$54.9B
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	Gillian Morna Therese Savage CEO	$9.8M 0.02% of portfolio	0.94% 630.7K shares	Q1 2023 Held for 2y 8m	$51.5B
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	Peter Fitzhugh Brown CEO	$9.7M 0.01% of portfolio	0.93% 625.9K shares	Q1 2018 Held for 7y 8m	$75.8B
G Gagnon Advisors, LLC Hedge Fund•Long/Short	Neil Joseph Gagnon CEO	$8.0M 4.95% of portfolio	0.77% 517.1K shares	Q2 2015 Held for 10y 5m	$162.0M

Net Capital Flow

Institutional buying and selling activity for NVGS in Q3 2025

Traded: +$1.1M
Buyers: 69
Sellers: 63
Total Bought: +$38.6M
Total Sold: −$37.6M
Avg Position: $2.1M

Biggest Buyers

Institution	Net Bought	Current Position
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	+$6.1M +393.2K shares	$6.1M 393.2K shares
Empowered Funds, LLC ETF Provider	+$4.4M +285.7K shares	$4.4M 285.7K shares
A AMERICAN CENTURY COMPANIES INC Institution	+$3.4M +219.5K shares	$3.4M 219.5K shares
A ADAGE CAPITAL PARTNERS GP LLC Institution	+$3.0M +191.6K shares	$3.0M 191.6K shares
STATE STREET CORP Institution	+$2.3M +146.8K shares	$7.0M 450.9K shares
C CREDIT AGRICOLE S A Institution	+$2.1M +132.6K shares	$2.1M 132.6K shares
JPMORGAN CHASE & CO Institution	+$2.0M +131.4K shares	$3.3M 210.8K shares
GOLDMAN SACHS GROUP INC Institution	+$2.0M +131.2K shares	$2.2M 144.8K shares
J Jump Financial, LLC Institution	+$1.2M +80.2K shares	$1.2M 80.2K shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	+$1.2M +78.0K shares	$2.5M 159.9K shares

Biggest Sellers

Institution	Net Sold	Current Position
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	−$13.0M −837.6K shares	$9.8M 630.7K shares
BANK OF AMERICA CORP /DE/ Institution	−$2.5M −164.1K shares	$1.5M 99.3K shares
STEINBERG ASSET MANAGEMENT LLC Long Only Manager	−$1.9M −124.5K shares	$8.0M 515.4K shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	−$1.5M −96.4K shares	$3.4M 217.7K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	−$1.1M −72.4K shares	$357.2K 23.1K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$1.1M −68.6K shares	$676.8K 43.7K shares
LAZARD ASSET MANAGEMENT LLC Long Only Manager	−$1.0M −70.7K shares	Sold Off 0 shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$896.8K −63.4K shares	Sold Off 0 shares
S SEI INVESTMENTS CO Institution	−$861.1K −55.6K shares	$418.6K 27.0K shares
R ROYCE & ASSOCIATES LLC Institution	−$803.9K −51.9K shares	$14.2M 915.4K shares

Entry and Exit Activity

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

New Positions: 18
New Value: $11.4M
Exited Positions: 16
Exited Value: $6.5M

New Positions

Institution	Position Value
Empowered Funds, LLC ETF Provider	$4.4M 285.7K shares
A AMERICAN CENTURY COMPANIES INC Institution	$3.4M 219.5K shares
C CREDIT AGRICOLE S A Institution	$2.1M 132.6K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	$959.1K 61.9K shares
FRANKLIN RESOURCES INC Institution	$340.3K 22.0K shares
Aster Capital Management Ltd RIA/Wealth	$160.0K 10.3K shares
Sunbelt Securities, Inc. RIA/Wealth	$65.1K 4.2K shares
SRS Capital Advisors, Inc. RIA/Wealth	$16.6K 1.1K shares
SJS Investment Consulting Inc. RIA/Wealth	$3.8K 244.0 shares
Hartland & Co., LLC RIA/Wealth	$1.4K 90.0 shares

Exited Positions

Institution	Previous Position
LAZARD ASSET MANAGEMENT LLC Long Only Manager	$1.0M 70.7K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$896.8K 63.4K shares
Penbrook Management LLC RIA/Wealth	$713.2K 50.4K shares
P Petrus Trust Company, LTA Institution	$693.0K 49.0K shares
S SG Americas Securities, LLC Institution	$545.7K 38.6K shares
M MQS Management LLC Hedge Fund•Global Macro	$468.3K 33.1K shares
LOS ANGELES CAPITAL MANAGEMENT & EQUITY RESEARCH INC Long Only Manager	$398.8K 28.2K shares
B BESSEMER GROUP INC Institution	$383.4K 27.1K shares
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	$355.6K 25.1K shares
Engineers Gate Manager LP Hedge Fund•Quant	$301.1K 21.3K shares

Options Activity

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

Call Positions: 1
Call Value: $1.1M
Put Positions: 2
Put Value: $697.1K

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.1M 704.0 contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$393.4K 254.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$303.6K 196.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
P PARAGON ASSOCIATES & PARAGON ASSOCIATES II JOINT VENTURE Institution	-	13.81% $7.7M	0.75% 500.0K shares	Q4 2013 Held for 11y 11m	$56.1M
STEINBERG ASSET MANAGEMENT LLC Long Only Manager	Michael Alan Steinberg Managing Partner	5.74% $8.0M	0.77% 515.4K shares	Q4 2013 Held for 11y 11m	$139.2M
G Gagnon Advisors, LLC Hedge Fund•Long/Short	Neil Joseph Gagnon CEO	4.95% $8.0M	0.77% 517.1K shares	Q2 2015 Held for 10y 5m	$162.0M
S SOUTHPORT MANAGEMENT, L.L.C. Institution	-	4.31% $1.0M	0.10% 67.5K shares	Q4 2020 Held for 4y 11m	$24.2M
M Minerva Advisors LLC Hedge Fund•Value	David Peter Cohen President	2.96% $4.7M	0.45% 301.2K shares	Q4 2013 Held for 11y 11m	$157.5M
GAGNON SECURITIES LLC RIA/Wealth	Neil Joseph Gagnon CEO	2.72% $13.4M	1.29% 865.9K shares	Q1 2015 Held for 10y 8m	$493.8M
R ROBOTTI ROBERT Institution	-	1.94% $11.4M	1.10% 735.5K shares	Q2 2024 Held for 1y 5m	$585.9M
1492 Capital Management LLC Long Only Manager	Joseph Anthony Frohna Managing Partner	1.03% $2.6M	0.25% 165.4K shares	Q1 2022 Held for 3y 8m	$249.8M
Encompass Capital Advisors LLC Hedge Fund•Long/Short	Todd Jason Kantor Managing Partner	1.00% $22.3M	2.14% 1.4M shares	Q2 2024 Held for 1y 5m	$2.2B
H HARVEY CAPITAL MANAGEMENT INC RIA/Wealth	Alexander Trindade Harvey CEO	0.89% $4.2M	0.40% 268.5K shares	Q4 2024 Held for 11 months	$468.6M

Hedge Fund Spotlight

Discover hedge funds investing in NVGS

CITADEL ADVISORS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerKenneth Cordele Griffin

Portfolio Value: $122.08B
Positions: 5,531
Last Reported: Q3 2025

Sector Allocation

Position in Navigator Holdings

Market Value: $294.8K
Shares Held: 19.0K
Portfolio Weight: 0.00%
Owned Since: 2016-Q3

Top Holding	Sector	Market Value	Weight
1 Microsoft MSFT	Software - Infrastructure Technology	$2.1B	1.68%
2 Nvidia NVDA	Semiconductors Technology	$1.8B	1.50%
3 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$1.4B	1.18%