Who owns Navan (NAVN)
Which tracked institutional funds hold NAVN, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See NAVN company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on NAVN is one-sided between 2026-Q1 and 2026-Q2: 115 added or opened and 26 trimmed or exited — on balance accumulating.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
NAVN’s largest tracked holder by dollar value, LIGHTSPEED MANAGEMENT COMPANY, L.L.C., sizes it at 39.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 39.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in NAVN divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 195 tracked filers holding NAVN, 149 increased or opened the position and 71 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in NAVN between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 49
- AMERIPRISE FINANCIAL INC$30M
- VOLORIDGE INVESTMENT MANAGEMENT, LLC$21M
- NORGES BANK$19M
- E20 Capital Ltd$17M
- FEDERATED HERMES, INC.$15M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$14M
Full exits 20
- LORD, ABBETT & CO. LLC$35M
- VISTA EQUITY PARTNERS MANAGEMENT, LLC$28M
- COATUE MANAGEMENT LLC$10M
- MARSHALL WACE, LLP$6M
- Burkehill Global Management, LP$4M
- LMR Partners LLP$3M
Largest adds
- LIGHTSPEED MANAGEMENT COMPANY, L.L.C.$293M
- a16z Capital Management, L.L.C.$272M
- BIT Capital GmbH$116M
- BlackRock, Inc.$116M
- VANGUARD PORTFOLIO MANAGEMENT LLC$71M
- COSMIC MANAGEMENT, LLC$69M
Largest trims
- GREENOAKS LLC$167M
- StepStone Group LP$5M
- RENAISSANCE TECHNOLOGIES LLC$1M
- UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC$873K
- VANGUARD ASSET MANAGEMENT, Ltd$412K
- EverSource Wealth Advisors, LLC$310K
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| LIGHTSPEED MANAGEMENT COMPANY, L.L.C. trimmed | 41,698,258 | $954M | 25.6% | 2026-Q2 |
| a16z Capital Management, L.L.C. | 28,218,676 | $645M | 17.3% | 2026-Q2 |
| COSMIC MANAGEMENT, LLC | 7,138,769 | $163M | 4.4% | 2026-Q2 |
| BlackRock, Inc. added | 6,700,627 | $153M | 4.1% | 2026-Q2 |
| Napean Trading & Investment Co (Singapore) PTE Ltd | 5,874,257 | $134M | 3.6% | 2026-Q2 |
| BIT Capital GmbH added | 5,210,700 | $119M | 3.2% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 4,297,483 | $98M | 2.6% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 3,979,837 | $91M | 2.4% | 2026-Q2 |
| Capital International Investors trimmed | 3,600,694 | $82M | 2.2% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 3,276,813 | $75M | 2.0% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 3,162,155 | $72M | 1.9% | 2026-Q2 |
| FULLER & THALER ASSET MANAGEMENT, INC. added | 2,431,172 | $56M | 1.5% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC added | 2,390,155 | $55M | 1.5% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 2,378,447 | $31M | 0.8% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 2,190,666 | $50M | 1.3% | 2026-Q2 |
| ALKEON CAPITAL MANAGEMENT LLC trimmed | 2,185,278 | $50M | 1.3% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 2,074,910 | $47M | 1.3% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 2,043,728 | $47M | 1.3% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 2,022,843 | $46M | 1.2% | 2026-Q2 |
| STATE STREET CORP added | 1,762,623 | $40M | 1.1% | 2026-Q2 |
| Walleye Capital LLC added | 1,568,063 | $36M | 1.0% | 2026-Q2 |
| MORGAN STANLEY added | 1,482,905 | $34M | 0.9% | 2026-Q2 |
| Nuveen, LLC added | 1,409,410 | $32M | 0.9% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 1,345,461 | $31M | 0.8% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 1,293,483 | $30M | 0.8% | 2026-Q2 |
| FMR LLC added | 1,131,318 | $26M | 0.7% | 2026-Q2 |
| UBS Group AG trimmed | 1,049,955 | $24M | 0.6% | 2026-Q2 |
| GREENOAKS LLC trimmed | 1,010,000 | $23M | 0.6% | 2026-Q2 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC new | 921,853 | $21M | 0.6% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 864,917 | $21M | 0.6% | 2026-Q2 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC added | 830,393 | $19M | 0.5% | 2026-Q2 |
| NORGES BANK trimmed | 826,309 | $19M | 0.5% | 2026-Q2 |
| OCCUDO QUANTITATIVE STRATEGIES LP added | 794,022 | $18M | 0.5% | 2026-Q2 |
| E20 Capital Ltd new | 747,136 | $17M | 0.5% | 2026-Q2 |
| FRANKLIN RESOURCES INC added | 715,037 | $16M | 0.4% | 2026-Q2 |
| NORTHERN TRUST CORP added | 704,241 | $16M | 0.4% | 2026-Q2 |
| G2 Investment Partners Management LLC added | 692,719 | $16M | 0.4% | 2026-Q2 |
| FEDERATED HERMES, INC. new | 656,132 | $15M | 0.4% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 646,200 | $15M | 0.4% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP new | 624,628 | $14M | 0.4% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 580,085 | $13M | 0.4% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 516,057 | $12M | 0.3% | 2026-Q2 |
| TEACHER RETIREMENT SYSTEM OF TEXAS trimmed | 500,000 | $11M | 0.3% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC new | 470,556 | $11M | 0.3% | 2026-Q2 |
| PRUDENTIAL FINANCIAL INC new | 461,744 | $11M | 0.3% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP new | 418,265 | $10M | 0.3% | 2026-Q2 |
| Meridiem Capital Partners LP new | 401,404 | $9M | 0.2% | 2026-Q2 |
| PB INVESTMENT PARTNERS, L.P. trimmed | 376,860 | $9M | 0.2% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. new | 374,249 | $9M | 0.2% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 371,850 | $9M | 0.2% | 2026-Q2 |
| Bank of New York Mellon Corp added | 340,588 | $8M | 0.2% | 2026-Q2 |
| OSTERWEIS CAPITAL MANAGEMENT INC new | 337,640 | $8M | 0.2% | 2026-Q2 |
| BARCLAYS PLC added | 330,476 | $8M | 0.2% | 2026-Q2 |
| Jump Financial, LLC added | 302,100 | $7M | 0.2% | 2026-Q2 |
| Electric Capital Partners, LLC | 292,256 | $7M | 0.2% | 2026-Q2 |
| Universal- Beteiligungs- und Servicegesellschaft mbH added | 284,343 | $7M | 0.2% | 2026-Q2 |
| Verition Fund Management LLC added | 282,000 | $6M | 0.2% | 2026-Q2 |
| Roubaix Capital, LLC new | 265,887 | $6M | 0.2% | 2026-Q2 |
| Pier Capital, LLC new | 264,663 | $6M | 0.2% | 2026-Q2 |
| JANE STREET GROUP, LLC new | 263,917 | $6M | 0.2% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. added | 260,076 | $6M | 0.2% | 2026-Q2 |
| Aquatic Capital Management LLC new | 241,977 | $6M | 0.1% | 2026-Q2 |
| Voleon Capital Management LP new | 203,292 | $5M | 0.1% | 2026-Q2 |
| Rockingstone Advisors LLC new | 201,650 | $5M | 0.1% | 2026-Q2 |
| ARDSLEY ADVISORY PARTNERS LP new | 200,000 | $5M | 0.1% | 2026-Q2 |
| Lunate Capital Ltd | 200,000 | $5M | 0.1% | 2026-Q2 |
| Point72 Asset Management, L.P. trimmed | 171,277 | $4M | 0.1% | 2026-Q2 |
| Trexquant Investment LP new | 158,665 | $4M | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 157,803 | $4M | 0.1% | 2026-Q2 |
| Liberty Mutual Group Asset Management Inc. new | 148,227 | $3M | 0.1% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 147,280 | $3M | 0.1% | 2026-Q2 |
| Sonoma Private Wealth LLC new | 146,296 | $3M | 0.1% | 2026-Q2 |
| Ibex Investors LLC new | 146,208 | $3M | 0.1% | 2026-Q2 |
| Quantinno Capital Management LP added | 139,026 | $3M | 0.1% | 2026-Q2 |
| BOOTHBAY FUND MANAGEMENT, LLC added | 138,300 | $3M | 0.1% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 125,700 | $3M | 0.1% | 2026-Q2 |
| RHUMBLINE ADVISERS added | 122,011 | $3M | 0.1% | 2026-Q2 |
| Lisanti Capital Growth, LLC new | 120,075 | $3M | 0.1% | 2026-Q2 |
| ANTIPODES PARTNERS Ltd trimmed | 114,908 | $3M | 0.1% | 2026-Q2 |
| Quantbot Technologies LP added | 111,146 | $3M | 0.1% | 2026-Q2 |
| Board of Trustees of The Leland Stanford Junior University | 110,554 | $3M | 0.1% | 2026-Q2 |
| State of Tennessee, Department of Treasury added | 108,250 | $2M | 0.1% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 102,420 | $2M | 0.1% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC added | 83,074 | $2M | 0.1% | 2026-Q2 |
| Qube Research & Technologies Ltd new | 81,287 | $2M | 0.0% | 2026-Q2 |
| Persistent Asset Partners Ltd new | 79,842 | $2M | 0.0% | 2026-Q2 |
| SEI INVESTMENTS CO new | 73,909 | $2M | 0.0% | 2026-Q2 |
| LOCKHEED MARTIN INVESTMENT MANAGEMENT CO new | 73,556 | $2M | 0.0% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 71,775 | $2M | 0.0% | 2026-Q2 |
| WILSON ASSET MANAGEMENT (INTERNATIONAL) PTY LTD new | 70,000 | $2M | 0.0% | 2026-Q2 |
| FIRST TRUST ADVISORS LP new | 69,125 | $2M | 0.0% | 2026-Q2 |
| Man Group plc new | 63,413 | $1M | 0.0% | 2026-Q2 |
| MetLife Investment Management, LLC added | 61,110 | $1M | 0.0% | 2026-Q2 |
| StepStone Group LP trimmed | 58,258 | $1M | 0.0% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD new | 57,600 | $1M | 0.0% | 2026-Q2 |
| Corient Private Wealth LP new | 57,040 | $1M | 0.0% | 2026-Q2 |
| Invesco Ltd. added | 55,550 | $1M | 0.0% | 2026-Q2 |
| FIL Ltd new | 55,000 | $1M | 0.0% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 52,943 | $1M | 0.0% | 2026-Q2 |
| CITIZENS FINANCIAL GROUP INC/RI new | 51,193 | $1M | 0.0% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.