DMC Global
BOOM
131 hedge funds and large institutions have $306M invested in DMC Global in 2023 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 49 increasing their positions, 42 reducing their positions, and 28 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 42
1.56% more ownership
Funds ownership: 80.69% → 82.25% (+1.6%)
4% less funds holding
Funds holding: 136 → 131 (-5)
18% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 28
22% less capital invested
Capital invested by funds: $390M → $306M (-$84.3M)
28% less call options, than puts
Call options by funds: $280K | Put options by funds: $391K
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cerity Partners
New York
|
+$10.1M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$3.49M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.32M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.61M |
| 5 |
Goldman Sachs
New York
|
+$2.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$4.53M |
| 2 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
-$4.26M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$2.85M |
| 4 |
Millennium Management
New York
|
-$2.79M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$2.02M |
BOOM Hedge Fund Activity: Q4 2023 in Review
131 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in DMC Global (BOOM) for Q4 2023, worth a combined $306M — down 22% from $390M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of BOOM and 23 opened new positions — a net loss of 5 holders — while 42 trimmed existing stakes and 49 added.
The largest buyer was Cerity Partners, opening a new position worth an estimated $10.1M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $4.53M sold.
- 131 institutional investors held DMC Global (BOOM) as of Q4 2023, down from 136 in Q3 2023.
- Funds reported $306M of DMC Global stock for Q4 2023, down 22% quarter-over-quarter.
- 23 funds opened new DMC Global positions in Q4 2023 and 28 closed out, a net change of -5 holders.
- The largest DMC Global buyer in Q4 2023 was Cerity Partners, an estimated $10.1M added.
- The largest DMC Global seller in Q4 2023 was Lord, Abbett & Co, an estimated $4.53M sold.
Based on aggregated 13F filings for Q4 2023.