Dana Inc
227 hedge funds and large institutions have $2.14B invested in Dana Inc in 2016 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 69 increasing their positions, 94 reducing their positions, and 35 closing their positions.
40% more capital invested
Capital invested by funds: $1.53B → $2.14B (+$608M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
6% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 35
0.33% less ownership
Funds ownership: 97.59% → 97.26% (-0.33%)
0% less funds holding
Funds holding: 228 → 227 (-1)
27% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 94
43% less call options, than puts
Call options by funds: $641K | Put options by funds: $1.13M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$18.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$15.7M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$13.1M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$10.4M |
| 5 |
JP Morgan Chase
New York
|
+$9.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$76M |
| 2 |
MCM
Moon Capital Management
New York
|
-$19.9M |
| 3 |
DnB Asset Management
Oslo,
Norway
|
-$11.6M |
| 4 |
TG
TCW Group
Los Angeles,
California
|
-$10.7M |
| 5 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$10.1M |
DAN Hedge Fund Activity: Q3 2016 in Review
227 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Dana Inc (DAN) for Q3 2016, worth a combined $2.14B — up 40% from $1.53B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new DAN positions and 35 closed out — a net gain of 2 holders — while 69 added to existing stakes and 94 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $18.1M. The largest seller was Invesco, cutting an estimated $76M.
- 227 institutional investors held Dana Inc (DAN) as of Q3 2016, down from 228 in Q2 2016.
- Funds reported $2.14B of Dana Inc stock for Q3 2016, up 40% quarter-over-quarter.
- 37 funds opened new Dana Inc positions in Q3 2016 and 35 closed out, a net change of +2 holders.
- The largest Dana Inc buyer in Q3 2016 was AllianceBernstein, an estimated $18.1M added.
- The largest Dana Inc seller in Q3 2016 was Invesco, an estimated $76M sold.
Based on aggregated 13F filings for Q3 2016.