Dana Inc
275 hedge funds and large institutions have $2.03B invested in Dana Inc in 2023 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 90 increasing their positions, 107 reducing their positions, and 23 closing their positions.
325% more call options, than puts
Call options by funds: $7.76M | Put options by funds: $1.82M
65% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 23
5% more funds holding
Funds holding: 262 → 275 (+13)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.55% less ownership
Funds ownership: 97.42% → 95.87% (-1.5%)
15% less capital invested
Capital invested by funds: $2.39B → $2.03B (-$356M)
16% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 107
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$13.9M |
| 2 |
BlackRock
New York
|
+$13.5M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$7.51M |
| 4 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$7.5M |
| 5 |
Renaissance Technologies
New York
|
+$7.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
-$17.2M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
-$13.9M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$11.3M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$10.2M |
| 5 |
Millennium Management
New York
|
-$7.72M |
DAN Hedge Fund Activity: Q3 2023 in Review
275 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Dana Inc (DAN) for Q3 2023, worth a combined $2.03B — down 15% from $2.39B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new DAN positions and 23 closed out — a net gain of 15 holders — while 90 added to existing stakes and 107 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $13.9M. The largest seller was Pzena Investment Management, cutting an estimated $17.2M.
- 275 institutional investors held Dana Inc (DAN) as of Q3 2023, up from 262 in Q2 2023.
- Funds reported $2.03B of Dana Inc stock for Q3 2023, down 15% quarter-over-quarter.
- 38 funds opened new Dana Inc positions in Q3 2023 and 23 closed out, a net change of +15 holders.
- The largest Dana Inc buyer in Q3 2023 was Arrowstreet Capital, an estimated $13.9M added.
- The largest Dana Inc seller in Q3 2023 was Pzena Investment Management, an estimated $17.2M sold.
Based on aggregated 13F filings for Q3 2023.