Dana Inc
284 hedge funds and large institutions have $3.6B invested in Dana Inc in 2018 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 96 increasing their positions, 110 reducing their positions, and 44 closing their positions.
140% more call options, than puts
Call options by funds: $15.9M | Put options by funds: $6.62M
1.84% less ownership
Funds ownership: 98.04% → 96.2% (-1.8%)
4% less funds holding
Funds holding: 296 → 284 (-12)
13% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 110
20% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 44
21% less capital invested
Capital invested by funds: $4.55B → $3.6B (-$943M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$106M |
| 2 |
BlackRock
New York
|
+$32.3M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$17.9M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$16.5M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$15.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$49.3M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$48.8M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$43.7M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$36.1M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$20.9M |
DAN Hedge Fund Activity: Q1 2018 in Review
284 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Dana Inc (DAN) for Q1 2018, worth a combined $3.6B — down 21% from $4.55B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of DAN and 35 opened new positions — a net loss of 9 holders — while 110 trimmed existing stakes and 96 added.
The largest buyer was Citadel Advisors, adding an estimated $106M. The largest seller was Goldman Sachs, cutting an estimated $49.3M.
- 284 institutional investors held Dana Inc (DAN) as of Q1 2018, down from 296 in Q4 2017.
- Funds reported $3.6B of Dana Inc stock for Q1 2018, down 21% quarter-over-quarter.
- 35 funds opened new Dana Inc positions in Q1 2018 and 44 closed out, a net change of -9 holders.
- The largest Dana Inc buyer in Q1 2018 was Citadel Advisors, an estimated $106M added.
- The largest Dana Inc seller in Q1 2018 was Goldman Sachs, an estimated $49.3M sold.
Based on aggregated 13F filings for Q1 2018.