Nova Ltd.

NVMI • NASDAQ

Nova Ltd. is a semiconductors company in the technology sector on NASDAQ, led by Gaby Waisman, with a market cap of $9.4B. As of Q3 2025, 74% of shares are held by 251 institutional investors, with FMR LLC as the largest holder at 9.87%.

President and Chief Executive OfficerGaby Waisman

Market Cap$9.4B

Semiconductors

Technology

Employees1.2K

Websitenovami.com

Overview

Overview of institutional ownership in NVMI as of Q3 2025 with a market cap of $9.5B

All Institutions

Institutions: 251
Value Held: $7.0B
Shares Held: 21.9M
Avg Position: $27.8M
Median Position: $1.3M

Hedge Funds

Hedge Funds: 19
Value Held: $379.0M
Shares Held: 1.2M
Avg Position: $19.9M
Median Position: $2.2M

Ownership Breakdown

Institutional (non-HF)

69.68%

$6.6B

Hedge Funds

4.0%

$379.0M

Retail & Other

26.32%

$2.5B

Based on market cap of $9.5B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in NVMI as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
FMR LLC Institution	-	$935.8M 0.05% of portfolio	9.87% 2.9M shares	Q1 2021 Held for 4y 8m	$1.92T
WASATCH ADVISORS INC Long Only Manager	Michael Kenneth Yeates CEO	$620.8M 3.34% of portfolio	6.55% 1.9M shares	Q1 2020 Held for 5y 8m	$18.6B
H Harel Insurance Investments & Financial Services Ltd. Institution	-	$456.7M 4.64% of portfolio	4.82% 1.4M shares	Q4 2017 Held for 7y 11m	$9.8B
M Migdal Insurance & Financial Holdings Ltd. Institution	-	$446.1M 5.66% of portfolio	4.71% 1.4M shares	Q2 2016 Held for 9y 5m	$7.9B
C Clal Insurance Enterprises Holdings Ltd Institution	-	$424.2M 3.62% of portfolio	4.48% 1.3M shares	Q4 2014 Held for 10y 11m	$11.7B
MENORA MIVTACHIM HOLDINGS LTD. Private Equity	Edward Joseph Keefe CFO	$372.5M 1.89% of portfolio	3.93% 1.2M shares	Q1 2014 Held for 11y 8m	$19.7B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$354.2M 0.01% of portfolio	3.76% 1.1M shares	Q1 2015 Held for 10y 8m	$6.69T
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	Peter Fitzhugh Brown CEO	$201.4M 0.27% of portfolio	2.12% 630.0K shares	≤ Q2 2013 Held for 12y 5m+	$75.8B
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$194.1M 0.03% of portfolio	2.05% 607.3K shares	Q4 2019 Held for 5y 11m	$633.08B
FRANKLIN RESOURCES INC Institution	Gregory E. Johnson CEO	$190.8M 0.05% of portfolio	2.01% 597.0K shares	Q1 2024 Held for 1y 8m	$395.36B

Net Capital Flow

Institutional buying and selling activity for NVMI in Q3 2025

Traded: +$198.6M
Buyers: 139
Sellers: 103
Total Bought: +$963.7M
Total Sold: −$765.1M
Avg Position: $25.2M

Biggest Buyers

Institution	Net Bought	Current Position
B BlackRock, Inc. Institution	+$142.1M +444.4K shares	$151.6M 474.2K shares
Invesco Ltd. ETF Provider	+$126.1M +394.5K shares	$194.1M 607.3K shares
BANK OF AMERICA CORP /DE/ Institution	+$118.9M +371.8K shares	$157.1M 491.4K shares
R Rafferty Asset Management, LLC Institution	+$79.4M +248.4K shares	$79.4M 248.4K shares
BARCLAYS PLC Institution	+$54.2M +169.5K shares	$56.2M 175.8K shares
GOLDMAN SACHS GROUP INC Institution	+$47.6M +148.9K shares	$110.6M 345.8K shares
CITIGROUP INC Institution	+$39.3M +122.9K shares	$41.1M 128.6K shares
LINDEN ADVISORS LP Hedge Fund•Multi-Strategy	+$29.1M +91.0K shares	$29.1M 91.0K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	+$28.9M +90.3K shares	$28.9M 90.3K shares
H Harel Insurance Investments & Financial Services Ltd. Institution	+$27.6M +86.4K shares	$456.7M 1.4M shares

Biggest Sellers

Institution	Net Sold	Current Position
P Phoenix Holdings Ltd. Institution	−$85.0M −266.6K shares	$42.0M 131.7K shares
WASATCH ADVISORS INC Long Only Manager	−$82.8M −258.9K shares	$620.8M 1.9M shares
Polar Capital Holdings Plc Long Only Manager	−$71.5M −259.8K shares	Sold Off 0 shares
C Clal Insurance Enterprises Holdings Ltd Institution	−$71.0M −222.0K shares	$424.2M 1.3M shares
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	−$64.4M −201.5K shares	$15.1M 47.3K shares
MEITAV DASH INVESTMENTS LTD RIA/Wealth	−$63.3M −198.8K shares	$181.8M 570.8K shares
LAZARD ASSET MANAGEMENT LLC Long Only Manager	−$60.1M −187.9K shares	$54.8M 171.3K shares
MENORA MIVTACHIM HOLDINGS LTD. Private Equity	−$31.9M −99.7K shares	$372.5M 1.2M shares
S Standard Life Aberdeen plc Institution	−$23.5M −73.6K shares	$2.4M 7.6K shares
A AMERICAN CENTURY COMPANIES INC Institution	−$19.6M −61.2K shares	$27.6M 86.5K shares

Entry and Exit Activity

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

New Positions: 25
New Value: $130.4M
Exited Positions: 26
Exited Value: $116.2M

New Positions

Institution	Position Value
R Rafferty Asset Management, LLC Institution	$79.4M 248.4K shares
LINDEN ADVISORS LP Hedge Fund•Multi-Strategy	$29.1M 91.0K shares
Mirae Asset Global Investments Co., Ltd. Long Only Manager	$10.2M 31.8K shares
IMC-Chicago, LLC RIA/Wealth	$3.3M 10.4K shares
Morningstar Investment Management LLC Long Only Manager	$3.3M 10.2K shares
T TEACHER RETIREMENT SYSTEM OF TEXAS Institution	$1.4M 4.3K shares
VestGen Advisors, LLC RIA/Wealth	$1.3M 4.1K shares
Hennion & Walsh Asset Management, Inc. RIA/Wealth	$394.1K 1.2K shares
J J.W. COLE ADVISORS, INC. Institution	$384.9K 1.2K shares
S Sumitomo Mitsui Trust Holdings, Inc. Institution	$344.0K 1.1K shares

Exited Positions

Institution	Previous Position
Polar Capital Holdings Plc Long Only Manager	$71.5M 259.8K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	$7.5M 27.2K shares
Jain Global LLC Hedge Fund•Multi-Strategy	$6.2M 22.6K shares
M Man Group plc Institution	$4.0M 14.7K shares
S SIH Partners, LLLP Institution	$4.0M 14.4K shares
Walleye Trading LLC RIA/Wealth	$3.9M 14.3K shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	$3.8M 13.9K shares
S Sphera Management Technology Funds Ltd Institution	$2.8M 10.3K shares
L LMR Partners LLP Institution	$2.8M 10.0K shares
C CI INVESTMENTS INC. Institution	$1.9M 6.9K shares

Options Activity

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

Call Positions: 12
Call Value: $196.4M
Put Positions: 12
Put Value: $187.5M

Call Positions

Institution	Position Value
J JANE STREET GROUP, LLC Institution	$70.0M 2.2K contracts
P PEAK6 LLC Institution	$50.6M 1.6K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$34.3M 1.1K contracts
Walleye Trading LLC RIA/Wealth	$17.3M 542.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$12.0M 374.0 contracts
W WOLVERINE TRADING, LLC Institution	$7.7M 247.0 contracts
D D. E. Shaw & Co., Inc. Institution	$1.7M 53.0 contracts
C Cubist Systematic Strategies, LLC Institution	$927.0K 29.0 contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$895.0K 28.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$799.2K 25.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$81.3M 2.5K contracts
J JANE STREET GROUP, LLC Institution	$33.2M 1.0K contracts
P PEAK6 LLC Institution	$23.1M 724.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$21.2M 664.0 contracts
W WOLVERINE TRADING, LLC Institution	$13.1M 421.0 contracts
Walleye Trading LLC RIA/Wealth	$7.2M 225.0 contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$4.1M 127.0 contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$2.0M 62.0 contracts
C Cubist Systematic Strategies, LLC Institution	$1.3M 41.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$383.6K 12.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
N Noked Israel Ltd Institution	-	11.01% $42.6M	0.45% 133.3K shares	Q3 2024 Held for 1y 2m	$386.8M
Mivtachim The Workers Social Insurance Fund Ltd. Private Equity	Edward Joseph Keefe CFO	6.01% $41.2M	0.43% 128.9K shares	Q3 2020 Held for 5y 2m	$685.6M
Y Y.D. More Investments Ltd Institution	-	6.00% $104.7M	1.11% 329.8K shares	Q3 2023 Held for 2y 2m	$1.7B
M Montanaro Asset Management Ltd Institution	-	5.88% $23.6M	0.25% 73.7K shares	Q4 2020 Held for 4y 11m	$400.4M
M Migdal Insurance & Financial Holdings Ltd. Institution	-	5.66% $446.1M	4.71% 1.4M shares	Q2 2016 Held for 9y 5m	$7.9B
H Harel Insurance Investments & Financial Services Ltd. Institution	-	4.64% $456.7M	4.82% 1.4M shares	Q4 2017 Held for 7y 11m	$9.8B
C Clal Insurance Enterprises Holdings Ltd Institution	-	3.62% $424.2M	4.48% 1.3M shares	Q4 2014 Held for 10y 11m	$11.7B
S SPHERA FUNDS MANAGEMENT LTD. Institution	-	3.37% $14.0M	0.15% 43.9K shares	Q2 2023 Held for 2y 5m	$416.3M
WASATCH ADVISORS INC Long Only Manager	Michael Kenneth Yeates CEO	3.34% $620.8M	6.55% 1.9M shares	Q1 2020 Held for 5y 8m	$18.6B
Tower View Investment Management & Research LLC RIA/Wealth	Raman John Ghei Founder	3.23% $6.3M	0.07% 19.6K shares	Q3 2020 Held for 5y 2m	$193.3M

Hedge Fund Spotlight

Discover hedge funds investing in NVMI

Squarepoint Ops LLC

Hedge Fund • Quant

Portfolio ManagerMichael Gottlieb

Portfolio Value: $46.9B
Positions: 2,529
Last Reported: Q3 2025

Sector Allocation

Position in Nova Ltd.

Market Value: $1.4M
Shares Held: 4.5K
Portfolio Weight: 0.00%
Owned Since: 2023-Q2

Top Holding	Sector	Market Value	Weight
1 iShares Core S&P 500 ETF IVV	ETF ETF	$5.5B	11.75%
2 Amazon AMZN	Specialty Retail Consumer Cyclical	$983.1M	2.10%
3 Nvidia NVDA	Semiconductors Technology	$935.8M	2.00%