Dana Inc
252 hedge funds and large institutions have $3.94B invested in Dana Inc in 2017 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 79 increasing their positions, 105 reducing their positions, and 25 closing their positions.
775% more call options, than puts
Call options by funds: $2.08M | Put options by funds: $238K
60% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 25
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
23% more capital invested
Capital invested by funds: $3.21B → $3.94B (+$728M)
5% more funds holding
Funds holding: 240 → 252 (+12)
2.12% less ownership
Funds ownership: 99.46% → 97.33% (-2.1%)
25% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 105
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$49.5M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$37.1M |
| 3 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
+$32.6M |
| 4 |
OAM
Origin Asset Management
London,
United Kingdom
|
+$24.1M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$17.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
-$67.4M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$30.6M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$23.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$21.2M |
| 5 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
-$18.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HR
276
Howe & Rusling
Rochester,
New York
| – | -$9K | -423 | Closed |
|
277
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$267 | +11 | New |
|
DAN Hedge Fund Activity: Q3 2017 in Review
252 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Dana Inc (DAN) for Q3 2017, worth a combined $3.94B — up 23% from $3.21B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new DAN positions and 25 closed out — a net gain of 15 holders — while 79 added to existing stakes and 105 trimmed.
The largest buyer was Millennium Management, adding an estimated $49.5M. The largest seller was Pzena Investment Management, exiting entirely with an estimated $67.4M sold.
- 252 institutional investors held Dana Inc (DAN) as of Q3 2017, up from 240 in Q2 2017.
- Funds reported $3.94B of Dana Inc stock for Q3 2017, up 23% quarter-over-quarter.
- 40 funds opened new Dana Inc positions in Q3 2017 and 25 closed out, a net change of +15 holders.
- The largest Dana Inc buyer in Q3 2017 was Millennium Management, an estimated $49.5M added.
- The largest Dana Inc seller in Q3 2017 was Pzena Investment Management, an estimated $67.4M sold.
Based on aggregated 13F filings for Q3 2017.