DMC Global
BOOM
108 hedge funds and large institutions have $572M invested in DMC Global in 2018 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 38 increasing their positions, 32 reducing their positions, and 9 closing their positions.
244% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 9
65% more capital invested
Capital invested by funds: $346M → $572M (+$226M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
24% more funds holding
Funds holding: 87 → 108 (+21)
19% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 32
12% more call options, than puts
Call options by funds: $2.7M | Put options by funds: $2.4M
1.11% less ownership
Funds ownership: 86.66% → 85.56% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Encompass Capital Advisors
New York
|
+$6.42M |
| 2 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
+$6.11M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$5.7M |
| 4 |
D.E. Shaw & Co
New York
|
+$3.98M |
| 5 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
+$3.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$20.4M |
| 2 |
RA
Royce & Associates
New York
|
-$12.7M |
| 3 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
-$7.24M |
| 4 |
Millennium Management
New York
|
-$5.6M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.75M |
BOOM Hedge Fund Activity: Q2 2018 in Review
108 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in DMC Global (BOOM) for Q2 2018, worth a combined $572M — up 65% from $346M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new BOOM positions and 9 closed out — a net gain of 22 holders — while 38 added to existing stakes and 32 trimmed.
The largest buyer was Encompass Capital Advisors, opening a new position worth an estimated $6.42M. The largest seller was Heartland Advisors, cutting an estimated $20.4M.
- 108 institutional investors held DMC Global (BOOM) as of Q2 2018, up from 87 in Q1 2018.
- Funds reported $572M of DMC Global stock for Q2 2018, up 65% quarter-over-quarter.
- 31 funds opened new DMC Global positions in Q2 2018 and 9 closed out, a net change of +22 holders.
- The largest DMC Global buyer in Q2 2018 was Encompass Capital Advisors, an estimated $6.42M added.
- The largest DMC Global seller in Q2 2018 was Heartland Advisors, an estimated $20.4M sold.
Based on aggregated 13F filings for Q2 2018.