Docebo
DCBO
53 hedge funds and large institutions have $391M invested in Docebo in 2021 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 19 increasing their positions, 12 reducing their positions, and 12 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 12
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
10% more funds holding
Funds holding: 48 → 53 (+5)
5.71% more ownership
Funds ownership: 21.51% → 27.22% (+5.7%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
16% less capital invested
Capital invested by funds: $464M → $391M (-$73.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRCM
Cat Rock Capital Management
Greenwich,
Connecticut
|
+$67.3M |
| 2 |
BCM
Brightlight Capital Management
Westport,
Connecticut
|
+$27.7M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$24.7M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$13.8M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$25.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.1M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$8.2M |
| 4 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$6.92M |
| 5 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$5.51M |
DCBO Hedge Fund Activity: Q1 2021 in Review
53 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Docebo (DCBO) for Q1 2021, worth a combined $391M — down 16% from $464M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new DCBO positions and 12 closed out — a net gain of 5 holders — while 19 added to existing stakes and 12 trimmed.
The largest buyer was Cat Rock Capital Management, adding an estimated $67.3M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), exiting entirely with an estimated $25.9M sold.
- 53 institutional investors held Docebo (DCBO) as of Q1 2021, up from 48 in Q4 2020.
- Funds reported $391M of Docebo stock for Q1 2021, down 16% quarter-over-quarter.
- 17 funds opened new Docebo positions in Q1 2021 and 12 closed out, a net change of +5 holders.
- The largest Docebo buyer in Q1 2021 was Cat Rock Capital Management, an estimated $67.3M added.
- The largest Docebo seller in Q1 2021 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $25.9M sold.
Based on aggregated 13F filings for Q1 2021.