Navan, Inc.: which funds bought and sold
Institutions that bought and sold Navan shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.
Between March 31, 2026 and June 30, 2026, 158 institutions that filed 13F reports for both quarters added to or opened positions in Navan, and 62 cut or closed them. Together they added a net 18.1M shares, +12.1% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 3.6M shares (−10.7%); index fund managers were net buyers of 10.7M shares (+123.0%). 93 opened a new position and 32 sold out entirely.
Bought, Q2 2026 158 institutions, 93 of them new holders Sold, Q2 2026 62 institutions, 32 of them sold out
Net change, all compared +18.1M shares (+12.1%)
Net change, active managers −3.6M shares (−10.7%), 37 bought, 13 sold
Buyers versus sellers
158 bought 16 62 sold
Active managers and hedge funds 37 bought · 13 sold · −3.6M
Index fund managers 10 bought · 0 sold · +10.7M
Other institutions 111 bought · 49 sold · +11.0M
Biggest buyers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Bit Capital Gmbh | +5.0M +2167.5% | 5.2M | $119M |
| Blackrock, Inc. Index funds | +3.9M +136.9% | 6.7M | $153M |
| Vanguard Portfolio Management LLC Index funds | +2.4M +159.3% | 4.0M | $91M |
| Alliancebernstein L.P. Active manager | +2.3M +8245.4% | 2.4M | $31.5M |
| Schonfeld Strategic Advisors LLC Hedge fund | +2.3M +4229.0% | 2.4M | $54.7M |
| Bank Of America Corp | +2.0M +940.6% | 2.2M | $50.1M |
| Vanguard Capital Management LLC Index funds | +1.6M +100.9% | 3.2M | $72.3M |
| Walleye Capital LLC Hedge fund | +1.5M +1318.7% | 1.6M | $35.9M |
| Millennium Management LLC Hedge fund | +1.5M +51.2% | 4.3M | $98.3M |
| Healthcare Of Ontario Pension Plan Trust Fund | +1.4M +237.1% | 2.0M | $46.3M |
| Nuveen, LLC | +1.4M +3195.6% | 1.4M | $32.2M |
| BNP Paribas Financial Markets | +1.3M +16449.3% | 1.3M | $30.8M |
| Ameriprise Financial Inc | +1.3M New position | 1.3M | $29.6M |
| Morgan Stanley | +1.2M +461.9% | 1.5M | $33.9M |
| FMR LLC Active manager | +1.1M +49045.0% | 1.1M | $25.9M |
| Price T Rowe Associates Inc Active manager | +1.0M +100.9% | 2.1M | $47.5M |
| Geode Capital Management, LLC Index funds | +1.0M +97.2% | 2.0M | $46.7M |
| State Street Corp Index funds | +988K +127.6% | 1.8M | $40.3M |
| Voloridge Investment Management, LLC Hedge fund | +922K New position | 922K | $21.1M |
| E20 Capital Ltd | +747K New position | 747K | $17.1M |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Alliancebernstein L.P. Active manager | +2.3M +8245.4% | 2.4M | $31.5M |
| Schonfeld Strategic Advisors LLC Hedge fund | +2.3M +4229.0% | 2.4M | $54.7M |
| Walleye Capital LLC Hedge fund | +1.5M +1318.7% | 1.6M | $35.9M |
| Millennium Management LLC Hedge fund | +1.5M +51.2% | 4.3M | $98.3M |
| FMR LLC Active manager | +1.1M +49045.0% | 1.1M | $25.9M |
| Price T Rowe Associates Inc Active manager | +1.0M +100.9% | 2.1M | $47.5M |
| Voloridge Investment Management, LLC Hedge fund | +922K New position | 922K | $21.1M |
| Federated Hermes, Inc. Active manager | +656K New position | 656K | $15M |
| Arrowstreet Capital, Limited Partnership Hedge fund | +625K New position | 625K | $14.3M |
| Two Sigma Investments, LP Hedge fund | +418K New position | 418K | $9.6M |
Biggest sellers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Greenoaks LLC Hedge fund | −13.3M −93.0% | 1.0M | $23.1M |
| Lightspeed Management Company, L.L.C. | −8.2M −16.5% | 41.7M | $954M |
| Vista Equity Partners Management, LLC | −2.1M Sold out | 0 | — |
| Wellington Management Group LLP Active manager | −2.0M −37.5% | 3.3M | $74.9M |
| Alkeon Capital Management LLC Hedge fund | −502K −18.7% | 2.2M | $50M |
| Marshall Wace, LLP Hedge fund | −479K Sold out | 0 | — |
| UBS Group AG | −438K −29.4% | 1.0M | $24M |
| Stepstone Group LP | −426K −88.0% | 58K | $1.3M |
| Burkehill Global Management, LP Hedge fund | −300K Sold out | 0 | — |
| LMR Partners LLP Hedge fund | −249K Sold out | 0 | — |
| Gf Fund Management Co. Ltd. | −229K Sold out | 0 | — |
| Tudor Investment Corp Et Al Hedge fund | −228K Sold out | 0 | — |
| Woodline Partners LP Hedge fund | −201K Sold out | 0 | — |
| Capital International Investors Active manager | −183K −4.8% | 3.6M | $82.3M |
| Renaissance Technologies LLC Hedge fund | −175K −58.2% | 126K | $2.9M |
| Formula Growth Ltd | −140K Sold out | 0 | — |
| Ghisallo Capital Management LLC Hedge fund | −100K Sold out | 0 | — |
| Swiss National Bank | −92K Sold out | 0 | — |
| Readystate Asset Management LP | −75K Sold out | 0 | — |
| Diametric Capital, LP | −71K Sold out | 0 | — |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Greenoaks LLC Hedge fund | −13.3M −93.0% | 1.0M | $23.1M |
| Wellington Management Group LLP Active manager | −2.0M −37.5% | 3.3M | $74.9M |
| Alkeon Capital Management LLC Hedge fund | −502K −18.7% | 2.2M | $50M |
| Marshall Wace, LLP Hedge fund | −479K Sold out | 0 | — |
| Burkehill Global Management, LP Hedge fund | −300K Sold out | 0 | — |
| LMR Partners LLP Hedge fund | −249K Sold out | 0 | — |
| Tudor Investment Corp Et Al Hedge fund | −228K Sold out | 0 | — |
| Woodline Partners LP Hedge fund | −201K Sold out | 0 | — |
| Capital International Investors Active manager | −183K −4.8% | 3.6M | $82.3M |
| Renaissance Technologies LLC Hedge fund | −175K −58.2% | 126K | $2.9M |
New positions
| Institution | Shares | Value June 30, 2026 |
|---|---|---|
| Ameriprise Financial Inc | 1.3M | $29.6M |
| Voloridge Investment Management, LLCHedge fund | 922K | $21.1M |
| E20 Capital Ltd | 747K | $17.1M |
| Federated Hermes, Inc.Active manager | 656K | $15M |
| Arrowstreet Capital, Limited PartnershipHedge fund | 625K | $14.3M |
| Principal Financial Group Inc | 471K | $10.8M |
| Prudential Financial Inc | 462K | $10.6M |
| Two Sigma Investments, LPHedge fund | 418K | $9.6M |
| Meridiem Capital Partners LP | 401K | $9.2M |
| Nomura Asset Management International Inc. | 374K | $8.6M |
Sold out
| Institution | Shares | Value March 31, 2026 |
|---|---|---|
| Vista Equity Partners Management, LLC | 2.1M | $27.6M |
| Marshall Wace, LLPHedge fund | 479K | $6.3M |
| Burkehill Global Management, LPHedge fund | 300K | $4M |
| LMR Partners LLPHedge fund | 249K | $3.3M |
| Gf Fund Management Co. Ltd. | 229K | $3M |
| Tudor Investment Corp Et AlHedge fund | 228K | $3M |
| Woodline Partners LPHedge fund | 201K | $2.7M |
| Formula Growth Ltd | 140K | $1.9M |
| Ghisallo Capital Management LLCHedge fund | 100K | $1.3M |
| Swiss National Bank | 92K | $1.2M |
Who holds the shares
- Institutions reporting
- 208
- Ten largest holders
- 65.3% of 13F-reported shares
- Index fund managers
- 11.5% of 13F-reported shares
- Active managers and hedge funds
- 17.9% of 13F-reported shares
| Type | Bought | Sold | New | Sold out | Net change in shares | Net % |
|---|---|---|---|---|---|---|
| Active managers and hedge funds | 37 | 13 | 22 | 7 | −3.6M | −10.7% |
| Index fund managers | 10 | 0 | 1 | 0 | +10.7M | +123.0% |
| Other institutions | 111 | 49 | 70 | 25 | +11.0M | +10.3% |