Dana Inc
245 hedge funds and large institutions have $1.08B invested in Dana Inc in 2020 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 76 increasing their positions, 85 reducing their positions, and 62 closing their positions.
66% more call options, than puts
Call options by funds: $2.84M | Put options by funds: $1.72M
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
2.42% less ownership
Funds ownership: 97.98% → 95.56% (-2.4%)
8% less funds holding
Funds holding: 267 → 245 (-22)
11% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 85
31% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 62
58% less capital invested
Capital invested by funds: $2.57B → $1.08B (-$1.49B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$34.6M |
| 2 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
+$20.3M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$15M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$14.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$41.7M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$20.7M |
| 3 |
TG
TCW Group
Los Angeles,
California
|
-$16.8M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$16M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$15.3M |
DAN Hedge Fund Activity: Q1 2020 in Review
245 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Dana Inc (DAN) for Q1 2020, worth a combined $1.08B — down 58% from $2.57B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of DAN and 43 opened new positions — a net loss of 19 holders — while 85 trimmed existing stakes and 76 added.
The largest buyer was Pzena Investment Management, adding an estimated $34.6M. The largest seller was Goldman Sachs, cutting an estimated $41.7M.
- 245 institutional investors held Dana Inc (DAN) as of Q1 2020, down from 267 in Q4 2019.
- Funds reported $1.08B of Dana Inc stock for Q1 2020, down 58% quarter-over-quarter.
- 43 funds opened new Dana Inc positions in Q1 2020 and 62 closed out, a net change of -19 holders.
- The largest Dana Inc buyer in Q1 2020 was Pzena Investment Management, an estimated $34.6M added.
- The largest Dana Inc seller in Q1 2020 was Goldman Sachs, an estimated $41.7M sold.
Based on aggregated 13F filings for Q1 2020.